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July 15, 2014
05:28 EDTBABA, LGFLionsgate, Alibaba form strategic collaboration
Lionsgate (LGF) and Alibaba (BABA) a have joined forces to launch Lionsgate Entertainment World, or LGEW, a subscription streaming service for mainland China that will be available exclusively through Alibaba’s latest generation of set-top box, the two companies announced. In addition to providing Alibaba’s consumers with a broad and deep Lionsgate portfolio of curated hit film and TV content at launch, the new service will enable Alibaba subscribers to enjoy exclusive behind-the-scenes footage, features and other premium content not available anywhere else in China along with access to VIP membership benefits such as screening invitations and special merchandise.
News For LGF;BABA From The Last 14 Days
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April 10, 2015
13:04 EDTBABAStreet Check: up 20% since William Blair upgrade last month
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06:35 EDTBABAAlibaba forms 'smart living,' automotive units, Reuters reports
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April 9, 2015
20:21 EDTBABAAAFA files complaint with SEC over Alibaba counterfeits
The American Apparel and Footwear Association filed complaints yesterday against Alibaba with the U.S. Securities and Exchange Commission as well as the U.S. Trade Representative. The complaints cite "rampant proliferation of counterfeit apparel and footwear on the TaoBao platform of Alibaba" and go on to state: "Our members encounter innumerable counterfeits on TaoBao every day, which result in millions of dollars of lost sales. While some members have had mixed success in securing take-downs of a small percentage of these infringing products, others are frustrated at the slow and cumbersome procedures that prevent swift action. Successes are short-lived as counterfeit products often reappear within hours or days of a take-down. For much of the past year, we have been working with representatives of Alibaba to address these concerns. Although Alibaba has publicly accepted several of the concepts we’ve discussed, including an updated take-down system, a 'trusted reporter program,' and an increased focus on physical raids and law enforcement cooperation, implementation has been sluggish or non-existent. We are now urging the Commission to use its oversight authority over Alibaba to increase scrutiny of Alibaba’s efforts to police TaoBao for counterfeits, especially given commitments made during the period leading up to last year’s IPO." Reference Link
12:03 EDTLGFLionsgate extends partnership with Emmett/Furla Films
Lionsgate noted, "Lionsgate and its Grindstone Entertainment Group have extended their successful long-term partnership with Emmett/Furla Films for another 10 movies, several of which will be released through the newly-launched Lionsgate Premiere label."
08:07 EDTLGFLionsgate partners with Comic-Con International to launch VOD service
Lionsgate has partnered with Comic-Con International: San Diego on a subscription video-on-demand service that will launch later this year. The new service will launch with a broad portfolio of content including original short-form content created exclusively for the channel's subscribers, films and television series from Lionsgate and other studios designed to appeal to the diverse interests of Comic-Con's fan base as well as exclusive archived footage from Comic-Con's 45-year history.
05:23 EDTBABACostco and Tmall Global release joint statement regarding 'false claims'
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April 8, 2015
16:22 EDTLGFOn The Fly: Closing Wrap
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12:17 EDTLGFOn The Fly: Midday Wrap
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09:44 EDTLGFLionsgate trades lower following secondary, levels to watch
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09:20 EDTLGFOn The Fly: Pre-market Movers
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09:01 EDTLGFLionsgate 10M share Spot Secondary priced at $32.00
JPMorgan acted as sole book running manager for the offering.
06:22 EDTBABAAlibaba considers hiving off some movie assets, Variety reports
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06:21 EDTLGFLionsgate 10M share Spot Secondary; price range $32.01-$33.00
The Lionsgate 10M shares Spot Secondary is being re-offered in the range of $32.01-$33.00 versus a $33.68 close. JPMorgan is acting as sole book running manager for the offering.
06:02 EDTLGFLionsgate should be bought on any weakness, says Piper Jaffray
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April 7, 2015
19:10 EDTLGFOn The Fly: After Hours Movers
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16:19 EDTLGFLionsgate says tracking at lower end of previous adjusted EBITDA guidance
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16:05 EDTLGFLionsgate files to sell 10M shares of common stock for holders
JPMorgan is acting as sole book running manager for the offering.
April 6, 2015
09:55 EDTBABAExpress Mobile files patent infringement claims against Alibaba
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06:15 EDTBABAAlibaba implied volatility of 27 at lower end of index mean range
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April 5, 2015
18:34 EDTLGFComcast's 'Furious 7' leads at weekend box office with $143.6M
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