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RSSArchive for February, 2017

$2 Million For 30 Seconds in Grammys Broadcast

ABC Television network is collecting about $2 million per 30-second ad spot in the 89th Academy Awards broadcast. ABC announced Friday that it had sold all its commercial inventory for the Feb. 26 awards show at the Dolby Theatre in Hollywood. CA. The program will be hosted by ABC comedian Jimmy Kimmel. In 2016, ABC […]

Snap Lowers Valuation Expectations in Highly Awaited IPO

Snap Inc, owner of the popular messaging app Snapchat, set a lower-than-expected valuation range on Thursday, amid mounting investor concerns over its unproven business model, slowing growth and tight founder control. The company, which filed for an initial public offering earlier this month, was widely expected to be valued at between $20 billion and $25 […]

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