20 Jun 2014 07:15
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
R4E.L Share News (R4E)
R4E Share
Price
R4E Share
News
R4E Share
Chat
R4E Share
Trades
R4E
Live RNS
R4E Share
Charts
R4E Broker
Ratings
R4E Directors
Deals
R4E Financial
Diary
R4E
Fundamentals
R4E Short
Positions
R4E
Media
R4E.L Information
- There is currently no data for R4E
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Reach4entertainment subsidiaries agree fresh deals with Miroma
Thu, 25th Apr 2019 11:14
(Sharecast News) - Entertainment marketing communications group Reach4entertainment Enterprises announced on Thursday that its subsidiaries Dewynters, and Spot and Company of Manhattan, have renewed their existing media buying agreements with Miroma International and Miroma Outcomes, respectively.The AIM-traded firm said that in addition, the media buying agreements had been extended to Agency Press, trading as 'Sold Out', and Wake the Bear, in order to drive additional value to the respective agencies and their client bases.In their previous form, as announced on 12 February last year, the agreements allowed for the provision of media trading services from Miroma to Dewynters and SpotCo, for which Dewynters and SpotCo were compensated via a referral fee.To allow for additional trading opportunities by the parties, each contract had been amended to allow for the provision of ancillary services by Dewynters, SpotCo, Sold Out and Wake the Bear to Miroma or its client base.Those ancillary services covered the scope of works that Dewynters, SpotCo, Sold Out and Wake the Bear provided to its core client base at present, the board explained, including media planning, media buying, media inventory trading services, creative services content production services, strategy and website design.The agreements were amended so that the provision of those services would be based on the respective agency's rate card, ensuring that Miroma would be dealt with in the same way as any third party client.Miroma are companies wholly-owned by Miroma Holdings, a company of which Marc Boyan - the CEO of Reach4entertainment - is both a director and the controlling shareholder, the board said."The amended agreements and the New Agreements are expected to result in efficiencies in media buying for Dewynters, SpotCo, Sold Out and Wake the Bear, through the expertise and purchasing power of Miroma, for the benefit of Reach4entertainment and its clients, as well as providing additional referral income for Reach4entertainment based on its media spend with Miroma," the directors of Reach4entertainment said in their statement."Commission rates paid by Miroma to Reach4entertainment are calculated on a case-by-case basis, however any rates applied will always fall within predefined parameters, which have been agreed and set by the board and are based on market rates paid by Miroma to independent third parties."The amended agreements and the new agreements have been entered into on an arm's-length basis and negotiated and approved by the independent directors of Reach4entertainment."Reach4entertainment said the agreements would be reviewed annually by the relevant counterparty, and would continue unless terminated by either counterparty, providing three months' notice.
More News
10 Apr 2014 10:57
UK WINNERS & LOSERS: M&S, WH Smith Drop Sharply After Early Strength
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- Resolution, up 1%. The firm said its insurance and pensions provider Friends Life is scrapping active member
Read more10 Apr 2014 09:40
reach4entertainment Confident For 2014 As Profit Jumps In 2013
LONDON (Alliance News) - reach4entertaiment enterprises PLC Thursday expressed confidence for further progress in 2014 and beyond, as it saw pretax profit nearly double in 2013. reach4entertainment is a media, marketing and event management company with operations in the New York and London
Read more8 Apr 2014 09:44
Reach4Entertainment secures new agreement on lending facilities
Integrated media business company Reach4Entertainment cheered investors on Tuesday by announcing the completion of a bank refinancing. The new agreement has a six-year term and a new interest rate of 3% above LIBOR on its £14.8m revolving credit facility. The first repayment of £0.2m is due in Apr
Read more8 Apr 2014 07:47
reach4entertainment To Save GBP220,000 From Bank Refinancing
LONDON (Alliance News) - reach4entertainment Enterprises PLC Tuesday said it expects to save about GBP220,000 in interest over 2014 after completing a bank refinancing with Allied Irish Bank Group (UK) PLC. In a statement, reach4entertainment said covenants have been agreed for a six-year t
Read more8 Apr 2014 07:29
UK MORNING BRIEFING: Bob Diamond Recruits CEO From Barclays
LONDON (Alliance News) - UK shares have opened lower Tuesday on a weak lead from the US and renewed concerns about Ukraine.
Barclays PLC has reached a settlement with Guardian Care Homes ahead of a court case that was being seen as the measure of whether customers w
7 Feb 2014 17:17
CORRECT: Reach4entertainment Expects FY In Line; Targets Expansion
[Correcting the name of the recently announced initiative] LONDON (Alliance News) - Reach4entertainment Enterprises PLC Thursday said its performance improved over the course of its financial year and will therefore report results for the full-year in line with market expectations. In
Read more6 Feb 2014 12:13
Reach4entertainment Expects FY In Line; Targets Expansion
LONDON (Alliance News) - Reach4entertainment Enterprises PLC Thursday said its performance improved over the course of its financial year and will therefore report results for the full-year in line with market expectations. In a year end trading update ahead of its full-year results - to be
Read more6 Feb 2014 11:45
UK WINNERS & LOSERS: EasyJet And TUI Travel In Different Directions
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
-------
FTSE 100 - WINNERS
Vodafone, up 2.9%. The telecommunications company has confirmed its ful
6 Feb 2014 08:32
UK MORNING BRIEFING: Vodafone Gains, AstraZeneca Falls At Open
LONDON (Alliance News) - Vodafone has delivered results in line with expectations Thursday morning, helping to give UK share a positive start. Vodafone is up 1.4%.
Meanwhile, AstraZeneca has opened down 2.1% after reporting lower revenue and profit
6 Feb 2014 08:31
UK MORNING BRIEFING:
LONDON (Alliance News) - Vodafone has delivered results in line with expectations Thursday morning, helping to give UK share a positive start. Vodafone is up 1.4%.
Meanwhile, AstraZeneca has opened down 2.1% after reporting lower revenue and profit
23 Jan 2014 10:25
Reach4Entertainment Shares Rise As It Is Granted 17% Stake In Stage17
LONDON (Alliance News) - Shares in Reach4entertainment Enterprises PLC soared Thursday morning after it said it has been granted a 17% stake in digital theatre and arts entertainment platform Stage17 Inc, to support development. Stage 17 has been funded and developed by Stoller Family Partn
Read more