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Stock impact report

MEDIAGENIX Plans U.S. Expansion with Deal for a Media Program Management Solution [Yahoo! Finance]

AMC Networks Inc. - Class A (AMCX) 
Last amc networks inc. - class a earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The deal provides MEDIAGENIX with 55 new customers and 11 employees from a company that MEDIAGENIX describes only as “its strategic partner.” As part of the transaction, MEDIAGENIX also announced that it is expanding its presence in the U.S. with the establishment of its U.S. headquarters in Miami, FL and opening a new office in Denver, CO. Both offices will manage client relations and support for its growing roster of customers across North America and Latin America. No financial terms of the deal were disclosed. While MEDIAGENIX declined to reveal the name of the seller, it said that the newly acquired technology was created by MEDIAGENIX and introduced into the U.S. market nearly two decades ago via its strategic partner, offering the broadcast TV marketplace a way to manage content across channels and platforms, from production and acquisition through rights, scheduling, and transmission. Although it has been the cable and TV industry's media program management solution o Show less Read more
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