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entertainment
Contracts
Blackpink agency shares skyrocket after K-Pop stars renew deals
Shares in the Seoul-based artist promoter rose as much as 29% on Wednesday
December 06, 2023
IPO
NoonTalk Media's IPO covered, to start trading on Nov 22
NoonTalk Media shares will start trading on Nov 22.
November 21, 2022
Company in the news
BTS manager loses US$10 bil in market cap from peak as stock slides
Hybe Co. dropped 7.1% to 130,000 won on Wednesday, below its 135,000 won debut price
September 28, 2022
Global stocks
Netflix estimates 'Squid Game' will be worth almost US$900 million
"Netflix has found a sound and profitable strategy with its content internationalization efforts."
October 17, 2021
Results
mm2 Asia's FY19 earnings fall 14.7% to $19.1 mil on net margin decline
SINGAPORE (May 31): mm2 Asia reported $6.2 million in earnings for the 4Q ended March, down 7.5% from $6.7 million a year ago due to lower revenue and expansion costs.
May 31, 2019
Global stocks
As Disney leads way in global entertainment content, Cityneon aims to ride on its coat-tails
SINGAPORE (Jun 3): Avengers: Endgame may have smashed box-office records, but it disappointed some fans. One moviegoer was reported to have needed counselling because she was grief-stricken: Could Iron Man really be gone?
May 31, 2019
Results
UnUsUaL reports 32% higher FY19 earnings of $13.2 mil on improved revenue & margins
SINGAPORE (May 27): UnUsUaL Limited has reported $13.2 million in net profit for the FY19 ended March, representing a 32% increase from FY18 net profit of $10 million due to higher revenue and improved margins.
May 27, 2019
Results
Lifebrandz 2Q losses widen 18% to $0.6 mil on higher sales activities, business expansion
SINGAPORE (Mar 14): Lifebrandz saw its losses in 2Q widen 18% to $0.6 million from $0.5 million a year ago, mainly due to an increase in total expenses which the group attributes to higher sales activities and business expansion.
March 14, 2019
Results
Genting Singapore sees 4Q earnings rise 12% to $150 mil on higher visitors, hotel occupancy
SINGAPORE (Feb 21): Genting Singapore (GENS) announced earnings of $150.2 million for the 4Q ended Dec 2018, rising 12% y-o-y from its earnings of $134 million in 4Q17 due to higher revenue.
February 21, 2019
Broker's Calls
mm2 Asia remains a 'buy' for Maybank despite reduced forecasts on non-operational leakage
SINGAPORE (Feb 21): Maybank Kim Eng is maintaining its “buy” call on mm2 Asia while lowering its target price on the stock to 34 cents from 57 cents previously, after cutting 2019-21E core profit forecasts by 48%, 12% and 9%, respectively.
February 21, 2019