Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 259

Posts Tagged ‘kew’

KEW MEDIA Announces Partnership with Channel 5

Posted by fidest press agency su mercoledì, 26 settembre 2018

KEW MEDIA GROUP INC. (“KEW MEDIA” or the “Company”) (TSX:KEW and KEW.WT) today announced that the Company has signed a three-year co-production partnership deal with UK broadcaster Channel 5 for a variety of drama projects. The co-production partnership will entail the selection, commissioning, production, financing and distribution of scripted television programs.One of the first projects resulting from this deal is Clink, a 10-part drama series set in a female prison. The show is intended to appeal to a young adult audience and will premiere on the UK broadcaster’s 5STAR channel. The series, which is currently in pre-production, has been commissioned from the multi-award winning production company LA Productions, and will be executive produced by Colin McKeown.All drama content produced through the partnership between Channel 5 and KEW MEDIA GROUP will be distributed in the international marketplace by Kew Media Distribution. Steven Silver, KEW MEDIA Founder and Chief Executive Officer, commented, “We are excited to be partnering with Channel 5 on a slate of original dramas. The three-year deal is another step forward in Kew’s expansion of its slate of dramatic projects.”

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KEW Receives TSX Approval to Proceed with Normal Course Issuer Bid

Posted by fidest press agency su sabato, 25 agosto 2018

KEW MEDIA GROUP INC. (“KEW” or the “Company”) (TSX:KEW and KEW.WT) today announced that the Toronto Stock Exchange (the “TSX”) has accepted the notice filed by the Company to establish a normal course issuer bid (“NCIB”).The NCIB will commence on August 24, 2018 and will terminate on August 23, 2019, or on an earlier date in the event that the number of shares of the Company (the “Shares”) sought in the NCIB has been repurchased or if KEW feels that it is appropriate to do so. Under the NCIB, KEW is authorized to purchase up to 854,282 Shares (out of the 13,678,992 Shares outstanding as of August 17, 2018) representing approximately 10% of the public float as of August 17, 2018, by way of normal course purchases effected through the facilities of the TSX and/or alternative Canadian trading systems.Purchases will be made by KEW in accordance with the requirements of the TSX and the price which KEW will pay for any such Shares will be the market price of any such Shares at the time of acquisition, or such other price as may be permitted by the TSX. For purposes of the TSX rules, a maximum of 4,421 Shares may be purchased by KEW on any one day under the NCIB, except where purchases are made in accordance with the “block purchase exception” of the TSX rules. KEW has established the NCIB because it believes that, from time to time, the market price of the Shares may not fully reflect the underlying value of KEW’s business and future prospects. KEW believes that, at such times, the repurchase of the Shares for cancellation would be in the best interests of shareholders. As KEW is presently exploring a number of potential acquisitions and financings, KEW will not commence purchases under the NCIB at this time. Any Shares purchased pursuant to the NCIB will be cancelled by KEW.

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