United States

RLJ Entertainment Inc (RLJE.OQ)

RLJE.OQ on NASDAQ Stock Exchange Capital Market

16 Feb 2018
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Latest Key Developments (Source: Significant Developments)

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

RLJ Entertainment says board approved a 1-for-3 reverse stock split
Thursday, 9 Jun 2016 05:47pm EDT 

RLJ Entertainment Inc : RLJ Entertainment announces reverse stock split of common stock . Says board of directors approved a 1-for-3 reverse stock split of its common stock . Reverse split will become effective prior to start of trading on June 24, 2016 .Reverse stock split will reduce number of shares of company's outstanding common stock from about 14.1 million to about 4.7 million.  Full Article

RLJ Entertainment says Nazir Rostom appointed as CFO
Wednesday, 18 May 2016 05:35pm EDT 

RLJ Entertainment Inc : Nazir Rostom appointed as chief financial officer .RLJ Entertainment Inc says Mark Nunis will continue with company as chief accounting officer.  Full Article

RLJ Entertainment qtrly loss per share $1.14
Monday, 16 May 2016 04:48pm EDT 

Rlj Entertainment Inc : Acorn TV paid subscriber base increased 100% from 130,000 as of March 31, 2015 , to over 260,000 as of march 31, 2016 . Qtrly loss per share $1.14 . RLJ entertainment reports financial results for the quarter ended march 31, 2016 .Quarterly revenue fell 12.7 percent to $22.8 million.  Full Article

BRIEF-RLJ Entertainment Says Combined Subscribers To Acorn TV, Urban Movie Channel Surpassed 700,000, Up Over 55 Pct From A Year Ago