Monthly Archives: August 2016

(Photo: John Ehlke, AP)

Media basher Trump turns to media for help

 Media basher Trump turns to media for help

Donald Trump loves to batter the media, the corrupt media, the pathetic media that’s forever distorting what he’s saying and underreporting the size of his tremendous crowds.

But while the Republican presidential candidate often seems to lump together the actually quite diverse media as a miserable monolith, he clearly makes some distinctions.

Second quarter revenues jump 10% at Liberty Media´s Sirius XM Group

Second quarter revenues jump 10% at Liberty Media´s Sirius XM Group

 

Liberty Media Corporation announced on Friday that second quarter revenue for Liberty SiriusXM Group, in which it held a 64.8% stake, jumped by 10% from the corresponding quarter last year.
Liberty SiriusXM Group´s net income was $173m in the second quarter, which works out to growth of 68% year-over-year.
The broadcaster´s revenues rose 10% to $1.2bn, which was in line with the analysts’ predictions. Its sales were helped by net subscriber growth of 8% to reach 30.6m in the second quarter.

Momentous Entertainment Group Secures $3 Million Financing Facility

Momentous Entertainment Group Secures $3 Million Financing Facility

Momentous Entertainment Executes Equity Purchase Agreement With Southridge Partners II LP
LAS VEGAS, NV–(Marketwired – Aug 18, 2016) – Momentous Entertainment Group, Inc. (OTC PINK: MMEG), an innovative entertainment and diverse media company, announced today that it has entered into an Equity Purchase Agreement (“EPA”) with Southridge Partners II LP (“Southridge”), an institutional investor, under which Southridge agreed to purchase up to $3 million in Momentous’s equity securities. Southridge Advisors II LLC will act as advisor and perform certain administrative functions on behalf of the Momentous. The Equity Purchase Agreement provides attractive terms and flexibility. The proceeds are intended to be used to fund continued development of Momentous’ business platform including, our vertical growth model and for general working capital purposes.