DailyDOOH

Ballantyne Strong, Inc. (NYSE MKT:BTN) acquired Convergent Corporation and its wholly owned subsidiary, Convergent Media Systems back in October 2013 and whilst heads (allegedly) rolled in February 2014 that seems to have been far from the end of their troubles. With many shareholders displeased with the company’s financial results, we’ve seen a battle for the board […]

Ocean Group announced Thursday the acquisition of MediaCo Outdoor, Manchester’s leader in OOH digital and backlight premium large formats, through its highly successful partnership with Manchester City Council. The deal, for an undisclosed cash sum, significantly strengthens Ocean Group’s national footprint and leading position as the premium large format provider in London, Birmingham and Manchester, […]

The WSJ is reporting that Sharp is nearing a deal with its main banks on a restructuring plan that would include (likely 5,000) job losses, cost cuts and the banks effectively writing off some $1.68 billion. May 14 looks like a date for your diary for a more formal announcement. See also ‘Sharp Seeks to […]

Cieslok Media, Canadian large-format outdoor advertising company, has acquired the assets of AdQMedia, expanding its national reach with eight new digital displays in Edmonton. This complements Cieslok’s aggressive organic growth, focusing specifically on digital outdoor media that offers advertisers the best locations in Canada. “Edmonton has been a strong market for Cieslok Media for years,” […]

The Wall Street Journal is reporting (and before yet-another-Asian-screen-manufacturer tries to sue us) that, we quote “Troubled Japanese electronics provider plans to ask government-supported investment fund for help”. The story says that Sharp Corp. is looking to spin off part of its panel-making unit and also plans to ask a government-supported investment fund for help. […]

Searchlight Capital Partners, L.P. this week announced that funds managed by Searchlight have entered into a definitive agreement to acquire a controlling interest in TouchTunes Interactive Networks, the largest in-venue interactive music and entertainment platform, featured in over 71,000 bars and restaurants across North America and Europe. The “controlling interest” means that all TouchTunes shareholders, except […]

NUITEQ, the award-winning multitouch software developer, announced this week, that it has raised a 7,8 MSEK (USD 920,000) series A round of financing, led by Swedish venture capital firm Inlandsinnovation AB. In addition to Inlandsinnovation, several business angels from Sweden and Holland participated in the venture financing round. We are told that the investment will […]

RMG Networks Holding Corporation (RMG Networks), Dallas, Texas-based provider of technology-driven visual communications solutions, today announced the sale of $25 million in Series A Convertible Preferred Stock to institutional and accredited investors. The Financing is comprised of $15 million from the full conversion of the company’s existing senior debt facility and approximately $10 million in […]

RMG Networks Holding Corporation (RMG Networks), Dallas-based provider of technology-driven visual communications solutions, has entered discussions with certain unaffiliated third parties regarding the proposed sale of its Media business, also known as the RMG Airline Media Network. The contemplated sale does not include the RMG Office Media Network. As a result of these discussions, RMG […]

Bell Media has announced the acquisition of Highlands Digital Media, Inc., a Birmingham-based indoor digital media company. Bell Media now has more than 1,000 digital display screens under management. The expanded advertising and in-house marketing screens are located in top restaurants, businesses, fitness centers and healthcare facilities in Alabama, Georgia, Florida and Tennessee. Scott Bell, […]