The QYou raises €3.3m through Canadian finance deal

Youth broadcaster QYou Media has raised C$5 million (€3.3 million) through a finance deal with Canadian investment banking firm Clarus Securities. The underwriter has agreed to purchase 13.51 million units of QYou Media at a price of C$0.37 per unit. Each unit will be comprised of one common share of the company and one-half of […]

Netflix to raise €1bn through senior notes sale

Netflix has announced plans to raise €1 billion by selling senior notes, with the proceeds possibly going towards content acquisitions. In a financial statement, Netflix said that it intends to use the net proceeds from the offering for “general corporate purposes” – which it said may include content acquisitions, capital expenditures, investments, working capital and […]

Turner hires EMEA finance boss from Time Out

Turner International has recruited Aksel van der Wal as senior VP, finance, for its EMEA operation, DTVE’s sister publication. Van der Wal joins from entertainment publishing business Time Out where he was global CEO. At Turner he will work across the company’s channel brands, which include news net CNN, kids offerings Cartoon Network and Cartoonito […]