Financial, Legal, Accounting News
DG FastChannel®, Inc. (NASDAQ: DGIT), a leading provider of digital media services to the advertising, entertainment and broadcast industries, today reported record financial results for the third quarter ended September 30, 2008.
Third Quarter Highlights
Hauppauge Digital Inc. (NASDAQ: HAUP) today announced it has agreed, through a subsidiary, to purchase the Pinnacle PCTV product line and related assets from Avid Technology (NASDAQ: AVID) and certain affiliates.
Ascent Media announced today that it has signed an agreement to sell its successful subtitling business, Visiontext, to SDI Media, the world's leading subtitling and language dubbing provider, by the end of this month.
DG FastChannel®, Inc. (NASDAQ: DGIT), a leading provider of digital media advertising services to the advertising, entertainment and broadcast industries, today reported record financial results for the second quarter ended June 30, 2008.
Second Quarter Highlights
Getty Images Inc.
Generate, a next-generation production and management studio, announced that it has secured $6 million in its first round of financing.
Red Rock Pictures Holdings, Inc.
DG FastChannel, Inc. (NASDAQ: DGIT), a leading provider of digital media services to the advertising, entertainment and broadcast industries, today announced that it closed a new six–year, $145 million senior credit facility with BMO Capital Markets as lead arranger.
Getty Images, Inc. (NYSE:GYI), the world's leading creator and distributor of visual content and other digital media, today reported results for the fourth quarter and full year ended December 31, 2007.
Quarterly Highlights
Avid Technology, Inc. (Nasdaq: AVID) today reported revenue of $258.5 million for the three-month period ended December 31, 2007, compared to $239.0 million for the same period in 2006.
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