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QMMM Announces Closing of $8 Million Public Offering of Ordinary Shares
Prnewswire· 2025-06-23 15:31
HONG KONG, June 23, 2025 /PRNewswire/ -- QMMM Holdings Limited (NASDAQ: QMMM) (the "Company" or "QMMM"), a digital media advertising, virtual avatar & virtual apparel technology service provider in Hong Kong, today announced the closing of its best efforts public offering of 40,000,000 ordinary shares at a public offering price of $0.20 per ordinary share.Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be $8 million.Pacific Century Securities LLC and Revere ...
北斗智影内容创作者大会在江北新区举办
Xin Hua Ri Bao· 2025-06-23 06:59
Group 1 - The "AI Super Individual Era Content Creator Conference" was held in Jiangbei New District, showcasing the transformative impact of AI technology on the content industry and individual creativity [1] - Beidou Zhiying launched significant technological advancements and ecological agreements, marking the beginning of a new era for globalized intelligent content creation in China [1] - Jiangbei New District is leveraging digital economy as a driving force, establishing a "policy + technology + finance" empowerment system to support creators with substantial funding and services [1] Group 2 - The newly released AI product, Qixing Agent, aims to empower the entire process of short drama promotion and provides a one-stop AI creative solution for content creators and enterprises [2] - Qixing Agent integrates multimodal understanding capabilities, enabling precise analysis of various media formats and significantly improving content understanding efficiency and accuracy [2] - The "one-click hosting" feature of Qixing Agent enhances the entire creative process, achieving over 20 times improvement in creative efficiency compared to traditional methods [2]
Vertiqal Studios Expands North American Sales Leadership with Strategic Hires in West Coast and Canada
Newsfile· 2025-06-19 11:15
Vertiqal Studios Expands North American Sales Leadership with Strategic Hires in West Coast and CanadaJune 19, 2025 7:15 AM EDT | Source: Vertiqal StudiosToronto, Ontario--(Newsfile Corp. - June 19, 2025) - Vertiqal Studios Corp. (TSX: VRTS) (OTC Pink: VERTF) (FSE: 9PY0) ("the Company") — Vertiqal Studios, the digital media company behind some of the largest and most engaged Gen Z and Millennial-facing social channels, today announced the addition of two industry veterans - Pano Rongakos and S ...
IAS Announces Completion of Expanded Credit Facility
Prnewswire· 2025-06-18 12:00
NEW YORK, June 18, 2025 /PRNewswire/ -- Integral Ad Science (Nasdaq: IAS), a leading global media measurement and optimization platform, today announced that it has entered into a second amendment to its credit agreement (the "Credit Agreement Amendment") with a syndicate of banks led by PNC Capital Markets LLC, as the joint lead arranger and administrative agent, and HSBC Bank USA, National Association and TD Bank, N.A. as joint lead arrangers and syndication agents. The Credit Agreement Amendment extends ...
Markets Up, Bond Yields Down Amid More Tariff Talk
ZACKS· 2025-06-12 23:16
Company Performance - Adobe reported fiscal Q2 earnings of $5.06 per share, exceeding the Zacks consensus by $0.10, with revenues of $5.87 billion, surpassing expectations of $5.79 billion, marking an 11% increase year-over-year [4] - Digital Media segment saw an 11% gain in Q2, with Annualized Recurring Revenues (ARR) reaching $18.09 billion, reflecting a 12% year-over-year growth [5] - RH (formerly Restoration Hardware) reported Q1 earnings of $0.40 per share, significantly beating the Zacks consensus estimate of -$0.09, although revenues were slightly below expectations at $814 million compared to the estimated $818 million [5] Market Context - The market has shown resilience against tariff threats, with major indexes closing in the green, including a +101 point gain for the Dow and a +0.38% increase for the S&P 500 [1] - Bond yields decreased, influenced by cooler-than-expected wholesale inflation data, with the 10-year yield at 4.36% and the 30-year yield down to 4.84% [2] - The ongoing trade war narrative has led to market fatigue, as the market appears to be less reactive to new tariff announcements after the "Liberation Day" tariffs were imposed [3] Strategic Adjustments - RH's CEO indicated that 52% of the company's upholstered furniture is now produced in the U.S., addressing tariff implications, with an anticipated negative revenue impact of around 6% due to tariffs [6] - RH expects to generate free cash flow between $250 million and $350 million, indicating a positive outlook despite tariff challenges [6]
TNL Mediagene and WOWOW Expand Promotional Channels with New Model Linking Viewership to Purchases
Prnewswire· 2025-06-11 12:30
Core Viewpoint - TNL Mediagene has entered a business alliance with WOWOW to enhance their media businesses and develop innovative media ventures, including a new promotional menu on the social commerce platform "CoSTORY" [1][6]. Group 1: Business Alliance and Collaboration - The business alliance agreement was signed on October 18, 2024, aiming to foster growth in media businesses [1]. - The collaboration will leverage the strengths of both companies, combining TNL Mediagene's content commerce expertise with WOWOW's extensive viewer reach [3][4]. - The partnership aims to create a new form of content distribution that utilizes diverse media approaches to enhance product storytelling [2]. Group 2: Promotional Menu "CoSTORY with WOWOW" - The "CoSTORY with WOWOW" promotional menu connects viewing experiences directly to purchase opportunities through various media outlets and social media channels [4]. - TNL Mediagene's media outlets reach approximately 30 million monthly readers, while WOWOW has around 2.3 million subscriptions across its broadcasting and on-demand services [4]. - Plans for product promotions will be tailored based on product characteristics and target segments to maximize effectiveness [5]. Group 3: CoSTORY Platform Overview - CoSTORY is a social commerce platform where users can pre-order and purchase unique and exclusive products not widely available [6]. - The collaboration with WOWOW will lead to the joint operation of new social media channels and integrated solutions combining TV commercials with digital advertising [6]. Group 4: Company Background - TNL Mediagene was formed in May 2023 through the merger of The News Lens Co., Ltd. and Mediagene Inc., operating across multiple media brands in Japanese, Chinese, and English [7]. - The company focuses on high-quality content and appeals to younger audiences, with a workforce of approximately 500 employees across Asia [7].
Shutterstock Receives Stockholder Approval for Proposed Merger with Getty Images
Prnewswire· 2025-06-10 21:19
Core Points - Shutterstock's stockholders approved the merger agreement with Getty Images, with approximately 82% of the shares voting in favor [1][2][3] - The merger aims to create a premier visual content company, enhancing capabilities in content creation, event coverage, and technology innovation [2][3] - The transaction is expected to close in the second half of 2025, pending regulatory approvals and customary conditions [3] Company Overview - Shutterstock is a leading global creative platform providing high-quality creative content for brands, digital media, and marketing companies [5] - The platform is supported by millions of creators and offers a diverse collection of 3D models, videos, music, photographs, vectors, and illustrations [5] - Shutterstock aims to deliver exceptional value to partners, contributors, and stockholders through its innovative technology and comprehensive resources [5]
TNL Mediagene Progresses International Expansion: Roomie International Surpasses One Million Monthly Pageviews Within First Year
Prnewswire· 2025-06-10 12:30
Core Insights - Roomie International is a lifestyle content platform that focuses on creating personalized living spaces and is tailored for the global Mandarin language market, building on the success of Roomie Japan [1][11] - The Media & Branded Content business unit, which includes Roomie International, contributed approximately $13.7 million to FY2024 revenue, growing at a rate of 41%, and accounted for about 28% of total company revenue [2] - The company achieved consolidated revenue of $48.5 million in FY2024, with a gross profit of $17.7 million and near break-even Adjusted EBITDA [2] Company Performance - Roomie International surpassed one million pageviews within its first year, indicating strong demand for its content in the Mandarin language market [4] - The company has a significant digital presence, with over 45 million monthly unique users and more than 189 million monthly digital footprints, attracting a prestigious client base of over 850 clients [2] - The company plans to continue investing in localized content development and diversified media partnerships to enhance its international presence [5] Strategic Direction - The company sees potential in cultural convergence and digital growth across Asian markets, particularly in Japan, which is viewed as a leader in culture and lifestyle offerings [3] - The success of Roomie International demonstrates the effectiveness of the company's multilingualization strategies, allowing for rapid content rollout to new language markets [3] - The company aims to inspire audiences to rediscover beauty in everyday life through high-quality original content [11]
VS MEDIA Announces Closing of an Additional $1.1 Million Following its Recent Public Offering of Ordinary Shares, Bringing the Total Gross Proceeds to Approximately $9.2 Million
Globenewswire· 2025-06-06 17:45
Core Viewpoint - VS Media Holdings Limited has successfully closed a public offering of 4,774,235 ordinary shares at a price of $0.229 per share, generating additional gross proceeds of $1,093,300, which supplements a previous offering announced on May 30, 2025 [1] Group 1: Offering Details - The total gross proceeds from the two closings of the offering amounted to $9,176,100, with net proceeds of $8,401,749 after deducting placement agent fees and other expenses of $774,351 [2] - The total number of issued ordinary shares has increased to 40,070,298, all priced at $0.229 per share [1] Group 2: Regulatory Information - The securities were offered under a registration statement on Form F-1, which was declared effective by the SEC on May 6, 2025, and the offering was made only by means of a prospectus [3] Group 3: Company Overview - VS Media Holdings Limited, founded in 2013, operates a network of over 1,500 digital creators and partners with more than 1,000 brands across Asia Pacific, focusing on content-driven social commerce and effective marketing services [5]
Vertiqal Studios Finalizes Offbeat Acquisition, Updates Acquisition Strategy and Announces Results of Annual and Special Meeting
Newsfile· 2025-06-05 11:15
Core Viewpoint - Vertiqal Studios has successfully completed the acquisition of digital media assets from Offbeat Media Group, enhancing its position in the digital media landscape and expanding its reach among Gen Z and Millennial audiences [1][2][3] Acquisition Details - The final payment related to the acquisition of Offbeat Media Group was completed, marking the full satisfaction of payment obligations and demonstrating Vertiqal's reliability as an acquirer [1] - The acquisition has proven to be highly accretive, significantly increasing reach and monetization of Offbeat's assets through Vertiqal's operational infrastructure and data-driven optimization [2] Strategic Vision - Vertiqal aims to create a leading digital network for Gen Z and Millennial audiences by integrating culturally relevant media brands and advanced technologies for scalable content solutions [4] - The company is focused on a buy-and-build strategy, targeting acquisitions that enhance its media assets and technology capabilities [4] M&A Focus - Vertiqal is actively seeking new acquisition opportunities to expand its network of owned and operated digital properties and to incorporate innovative technology solutions, including proprietary AI tools [3][5] Integration and Growth - The integration of Offbeat's assets has been seamless, with a focus on personalized founder support and a proven strategy for driving revenue and audience growth [6] - Vertiqal's commitment to building the future of digital media is reflected in its approach to acquisitions and technology integration [6] Future Outlook - With the completion of the Offbeat acquisition, Vertiqal is positioned to pursue further acquisitions in digital media brands, content studios, technology providers, and AI solutions [9] Annual Meeting Results - The results of the annual and special meeting of shareholders showed strong support for the elected directors and the appointment of auditors, indicating shareholder confidence in the company's direction [10][11]