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RLJ Entertainment Inc (RLJE.OQ)

RLJE.OQ on NASDAQ Stock Exchange Capital Market

4.89USD
18 Jul 2018
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Latest Key Developments (Source: Significant Developments)

RLJ Entertainment's Acorn TV Expands Into Latin America With Roku
Wednesday, 6 Jun 2018 08:30am EDT 

June 6 (Reuters) - RLJ Entertainment Inc ::RLJ ENTERTAINMENT'S ACORN TV EXPANDS INTO LATIN AMERICA WITH ROKU.RLJ ENTERTAINMENT INC - ACORN TV IS NOW AVAILABLE IN TWELVE LATIN AMERICAN COUNTRIES THROUGH ROKU STREAMING DEVICES.  Full Article

RLJ Entertainment Reports Q4 Rev $32.7 Mln
Thursday, 15 Mar 2018 07:15am EDT 

March 15 (Reuters) - Rlj Entertainment Inc ::RLJ ENTERTAINMENT REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 REVENUE ROSE 15.3 PERCENT TO $32.7 MILLION.Q4 NET INCOME INCREASED BY $8.1 MILLION YEAR-OVER-YEAR TO $3.8 MILLION.QTRLY ‍DIGITAL CHANNELS PAYING SUBSCRIBERS INCREASED OVER 50% FROM Q4 OF 2016 TO OVER 680,000​.  Full Article

AMC Networks Announces Proposal To Acquire RLJ Entertainment
Monday, 26 Feb 2018 08:30am EST 

Feb 26 (Reuters) - AMC Networks Inc ::AMC NETWORKS INC. ANNOUNCES PROPOSAL TO ACQUIRE RLJ ENTERTAINMENT, INC..AMC NETWORKS INC - OFFER FOR $4.25 PER SHARE IN CASH.AMC NETWORKS SAYS EXPECTS BOARD OF DIRECTORS OF RLJ ENTERTAINMENT TO FORM A SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO CONSIDER PROPOSAL.AMC NETWORKS - ‍THROUGH OFFER, CO INTENDS FOR RLJ ENTERTAINMENT TO BECOME PRIVATELY OWNED UNIT OF CO, WITH MINORITY STAKE HELD BY ROBERT​ JOHNSON.AMC NETWORKS INC - THROUGH PROPOSAL, CO INTENDS FOR RLJ ENTERTAINMENT TO BECOME PRIVATELY OWNED SUBSIDIARY OF CO.AMC NETWORKS - TO BUY SHARES OF RLJ ENTERTAINMENT NOT CURRENTLY OWNED BY AMC NETWORKS OR ENTITIES AFFILIATED WITH ROBERT L. JOHNSON​.AMC NETWORKS - ‍ADVISED RLJ ENTERTAINMENT IT IS ONLY INTERESTED IN BUYING RLJ ENTERTAINMENT SHARES NOT OWNED BY CO OR ENTITIES AFFILIATED WITH JOHNSON​.AMC NETWORKS INC - ‍JOHNSON AND DIRECTORS OF RLJ ENTERTAINMENT NOMINATED BY AMC NETWORKS WILL NOT PARTICIPATE IN EVALUATION OF PROPOSAL​.AMC NETWORKS - HAS ALSO ADVISED RLJ ENTERTAINMENT IT HAS NO INTEREST IN DISPOSING OF ITS STAKE IN RLJ OR PARTICIPATING IN ANY OTHER STRATEGIC PROCESS​.  Full Article

RLJ Entertainment reports Q3 loss per share of $‍0.22​
Thursday, 9 Nov 2017 07:30am EST 

Nov 9 (Reuters) - Rlj Entertainment Inc :RLJ Entertainment reports third quarter 2017 financial results.Q3 revenue rose 13.9 percent to $20.9 million.Qtrly loss per share $‍0.22​.  Full Article

RLJ Entertainment broadens strategic partnership with AMC Networks
Tuesday, 20 Jun 2017 04:15pm EDT 

June 20 (Reuters) - RLJ Entertainment Inc -:RLJ Entertainment says broadened its strategic partnership with amc networks to accelerate its content investments and other strategic initiatives for acorn tv.Says AMC Networks tranche a term loan was expanded to $23 million from $13 million.RLJ Entertainment - AMC also extended maturity on base amount by one year to 2020 with additional amount due in 2021.RLJ Entertainment says its chairman robert johnson converts 100% of preferred stock into common stock.RLJ Entertainment - AMC Networks exercised $5 million of its tranche a warrants into rlje common stock at $3 per common share.  Full Article

RLJ Entertainment reports Qtrly loss per share $ 1.26
Thursday, 11 May 2017 07:30am EDT 

May 11 (Reuters) - RLJ Entertainment Inc : :RLJ Entertainment reports first quarter 2017 financial results.RLJ Entertainment Inc qtrly digital channels paying subscribers of over 520,000 increased 90pct compared to Q1 of 2016.Qtrly loss per share $ 1.26.RLJ Entertainment Inc qtrly gross margin increased 560 basis points to 34.3pct, from Q1 2016.Qtrly revenues $ 13.9 million versus. $ 17.7 million.  Full Article

RLJ Entertainment announces acquisition of urbanworld film festival titles
Monday, 3 Oct 2016 10:49am EDT 

RLJ Entertainment Inc: RLJ Entertainment announces acquisition of urbanworld film festival titles like Cotton Twines and Knucklehead .RLJ Entertainment also acquired urbanworld film festival Alum Knucklehead.  Full Article

RLJ Entertainment enters into agreement with AMC Networks' unit
Monday, 22 Aug 2016 08:03am EDT 

RLJ Entertainment Inc : Entered into an investment agreement with Digital Entertainment Holdings Llc, unit of AMC Networks Inc - SEC filing . Co and AMC will enter into a credit and guaranty agreement . AMC will provide a $60 million seven-year term loan and a $5 million one-year term loan to the company . Says will grant AMC warrants to purchase at least 20 million shares of the company's common stock . Says AMC will have the right to designate two directors to the company’s board of directors .Upon full exercise of AMC warrants, AMC will have the right to designate at least a majority of the company's board of directors.  Full Article

RLJ Entertainment says qtrly revenue fell 20.9 pct to $15.8 mln
Monday, 15 Aug 2016 05:22pm EDT 

RLJ Entertainment Inc : Reports financial results for the quarter ended June 30, 2016 . Qtrly total revenues declined 20.9% to $15.8 million .Qtrly net loss $174,000 versus net loss of $546,000 last year.  Full Article

BRIEF-RLJ Entertainment Reports Q1 Loss Per Share $0.46

* RLJ ENTERTAINMENT REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS