Tag: Media & Entertainment
If the transaction has not closed by September 30, 2026, WBD shareholders will receive a $0.25 per share “ticking fee” for each quarter, measured daily, until completion.
The acquisition is valued at RM4.0 million and will be funded through internally generated funds.
The acquisition marks a significant move in the Australian media landscape, pending regulatory and shareholder approvals.
The move follows extended discussions with the Chinese government and the Chinese embassy in Canberra, according to the company.
Sources suggest the board is weighing deal certainty, execution risk, and regulatory considerations as part of its recommendation.
SPH Media said the revamped platform will continue to serve existing readers while appealing to a new generation. It described the new Stomp as “stronger, yet familiar.”
Thai content has been gaining international traction, with more than 15 Netflix originals making it to the Global Top 10 Non-English list. Collectively, Thai titles have generated over 750 million viewing hours worldwide.
In his new role, Oh will oversee COL’s operations in Southeast Asia and manage its global press engagement. He brings with him 17 years of international expertise spanning marketing, business strategy, and commercial leadership.
In her new role, Ferrer will be responsible for driving long-term partnerships, spearheading commercial innovation, and enhancing the company's digital platforms to provide brand partners with more impactful, data-driven engagement solutions across the region.
The redesigned brand identity reflects the company’s shift toward a multi-platform approach, aimed at delivering content in diverse formats to meet the changing preferences of Filipino audiences.
