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zhudifeng/iStock via Getty Images Olema Pharmaceuticals, Inc. ( NASDAQ: OLMA ) is ready to advance several clinical programs from its pipeline, and this is thanks to two transactions that were just achieved today. The first transaction would be in terms of the This article is published by Terry Chrisomalis, who runs the Biotech Analysis Central pharmaceutical service on Seeking Alpha Marketplace. If you like what you read here and would like to subscribe to, I'm currently offering a two-week free trial period for subscribers to take advantage of. My service offers a deep-dive analysis of many pharmaceutical companies. The Biotech Analysis Central SA marketplace is $49 per month, but for those who sign up for the yearly plan will be able to take advantage of a 33.50% discount price of $399 per year. Terry Chrisomalis is a private investor in the Biotech sector with years of experience utilizing his Applied Science background to generate long term value from Healthcare. He is the author of the investing group Biotech Analysis Central which contains a library of 600+ Biotech investing articles, a model portfolio of 10+ small and mid-cap stocks with deep analysis for each, live chat, and a range of analysis and news reports to help Healthcare investors make informed decisions. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
LONDON , NEW YORK , and SYDNEY , Dec. 22, 2024 /PRNewswire/ -- DAZN , a world-leading sports entertainment platform, has today announced an agreement to acquire Foxtel Group (' Foxtel ') from its majority shareholder News Corp and minority shareholder Telstra at an enterprise value of US$2.2 billion , subject to regulatory approval. The acquisition establishes DAZN as a leader in sports entertainment in Australia – a highly attractive sports market – while also expanding DAZN's global footprint and enhancing the group's standing as the global home of sport. The addition of Foxtel to DAZN brings the Group's pro-forma revenues towards US$6 billion and provides the additional content, expertise, and expansion opportunities to accelerate DAZN's growth trajectory. Foxtel is one of Australia's leading media companies, with 4.7 million subscribers, who will benefit from DAZN's extensive portfolio of sports content, platform technology, and global reach. From its beginnings as Australia's original pay-TV innovator, Foxtel has evolved to become a digital and streaming leader in sports and entertainment and the proposed transaction positions Foxtel for continued expansion as a digital-first, streaming-focused business. Foxtel will maintain its local character, led by the CEO, Patrick Delany , and his world-class management team. DAZN, a sports streaming platform with a truly global reach, is committed to growing the global audience for domestic Australian sports across the 200 territories in which it is available. Under the terms of the transaction, News Corp and Telstra will become minority shareholders in DAZN, enabling them to retain an interest in Foxtel. Shay Segev , Chief Executive Officer of DAZN, said: "Australians watch more sport than any other country in the world, which makes this deal an incredibly exciting opportunity for DAZN to enter a key market, marking another step in our long-term strategy to become the global home of sport. Foxtel is a successful business that has undergone a remarkable digital transformation in recent years, and we are confident that our global reach and relentless pursuit of innovation will continue to drive the business forward and ensure long-term success. "We are committed to supporting and investing in Foxtel's television and streaming services, across both sports and entertainment, using our world-leading technology to further enhance the viewing experience for customers. We are also committed to using our global reach to export Australia's most popular sports to new markets around the world, and we will continue to promote women's and under-represented sports. "We're looking forward to working closely with Patrick Delany and his team, as well as News Corp and Telstra as shareholders in DAZN, to realise our ambitious vision for the future of sport entertainment." Siobhan McKenna , the Chairman of Foxtel , said the agreement with DAZN was international recognition of the transformation of Foxtel from an incumbent pay TV operator to a sports and entertainment digital and streaming leader. "Over the last seven years the Foxtel team, with the strong support of News, have achieved an extraordinary turnaround in an intensely competitive environment." Foxtel Group CEO, Patrick Delany , said: "Today's announcement is a natural evolution for the Foxtel Group, having reinvented the company over the past five years as Australia's most dynamic technology-led streaming company. "Kayo and Foxtel provide Australian sports fans with access to the best Australian and international sport and shows, including AFL, NRL and Cricket with 4.7 million subscribers. "We are excited by DAZN's commitment to the Australian market. They are experts in the sports media business and can play a significant role in supporting Foxtel as the business grows its streaming capabilities, bringing a bigger and better service to customers across entertainment, news and sport. They are a perfect match for us as we look toward this next era of growth. "We have been grateful for the support of News Corp while we reimagined the future of Foxtel. In 2019, when we merged Foxtel and Fox Sports we had many people questioning our future. "After launching Kayo later in 2019 and BINGE in 2020, today we are the largest Australian-based streamer of sport and entertainment, we have stabilised our Foxtel base and launched Hubbl to help consumers find all the streamed content they love all in one place. This wouldn't have been possible without the support and encouragement of News Corp." NOTES TO EDITORS About DAZN As a world-leading sports entertainment platform, DAZN streams over 90,000 live events annually and is available in more than 200 markets worldwide. DAZN is the home of European football, women's football, boxing and MMA, and the NFL internationally. The platform features the biggest sports and leagues from around the world – Bundesliga, Serie A, LALIGA, Ligue 1, Formula 1, NBA, Moto GP, and many more including the 2025 FIFA Club World Cup. DAZN is transforming the way people enjoy sport. With a single, frictionless platform, sports fans can watch, play, buy, and connect. Live and on-demand sports content, anywhere, in any language, on any device – only on DAZN. DAZN partners with leading pay-TV operators, ISPs and Telcos worldwide to maximise sports exposure to a broad audience. Its partners include Deutsche Telekom, Orange, Sky, Movistar, Telenet, Vodafone, and many more. DAZN is a global, privately-owned company, founded in 2016, with more than 3,000 employees. The Group generated $3.2bn in revenue in 2023, having grown its annual revenues by over 50% on average from 2020 to 2023, through diverse revenue streams comprising subscriptions, advertising, sponsorship, and transactional. For more information on DAZN, our products, people, and performance, visit www.dazngroup.com . About Foxtel The Foxtel Group is one of Australia's leading media companies with 4.7 million subscribers. Its businesses include subscription television, streaming, sports production and advertising. The Foxtel Group is owned 65% by News Corp and 35% by Telstra. The Foxtel Group's diversified business includes Fox Sports, Australia's leading sports production company, famous for live sports and shows with the best commentators and personalities. It is also the home of local and global entertainment content and continues to be the partner of choice for the widest range of sports and international content providers based on established, long-term relationships, growing streaming audiences, and position as the largest Australian-based subscription television company. View original content: https://www.prnewswire.com/news-releases/dazn-advances-global-expansion-with-acquisition-of-foxtel-a-leading-australian-sports-and-entertainment-media-group-302337994.html SOURCE DAZNNoneThe incredible new art centre 50 years in the making
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Active Oxfordshire has been selected as the winner of the tricycles by Jorvik Tricycles. Jorvik Tricycles donated the trikes to support Active Oxfordshire's mission to combat inactivity and to promote the benefits of physical activity. The tricycles, with their classic British design and third wheel for increased stability, are suitable for individuals of all abilities. The social media competition was open for a week and invited independent organisations across Oxfordshire to nominate themselves for a chance to win. The two tricycles are worth £1,000 combined (Image: Jorvik Tricycles) The two tricycles will be donated by Active Oxfordshire to two of its partners, the Windrush Bike Project and Oxford Community Action. Josh Lenthall, chief executive at Active Oxfordshire, said: "Active Oxfordshire is incredibly excited to have won two Jorvik tricycles. "We work tirelessly to increase activity levels, challenge health inequalities, and create a happier, healthier, and more active Oxfordshire. "The bikes will enable people who may be low in confidence or unable to ride a two-wheeled bike to experience the mental and physical benefits of being active outdoors." Active Oxfordshire is an Active Partnership funded by Sport England and works with more than 100 partners to improve accessibility to physical activity, breaking down the "complex" barriers it says often prevent people from being more active. The tricycles will also support existing active travel initiatives across the county, including adaptive bicycle programmes, cycling lessons for ethnically diverse women, and providing bikes to asylum seekers and Ukrainian guests. Brigitte Hickman, volunteer and staff manager at Windrush Bike Project, said: "Having a Jorvik trike would mean we have a quality trike our attendees can use and borrow. "The tricycles will also be used in our fully inclusive Bikeability sessions in local schools, providing a great addition to our stock of adaptive and supportive bikes." Jorvik will be donating a total of 10 non-electric trikes to charities nationwide to mark the business's 10th anniversary. James Walker, founder and CEO of Jorvik Tricycles (Image: Simon Dewhurst) James Walker, founder and CEO of Jorvik Tricycles, said: "We’re thrilled to announce Active Oxfordshire as winners of this competition and support the team in its mission to help people enjoy the physical and mental health benefits of activity. "The team at Active Oxfordshire have been doing some incredible work in supporting active travel initiatives and we hope the two tricycles donated will help the team in its ongoing goal to tackle inactivity." Jorvik Tricycles was founded after Mr Walker began building tricycles for his father, who could no longer ride a traditional bicycle.
Cyber Monday deals are upon us, bringing loads of savings on our favorite tech products and gadgets. As a TV connoisseur, I'm keeping my eyes peeled on all the best discounts across QLED, Mini-LED, and OLED TVs, with LG's models proving stars this season as major value offerings with steep price cuts. Right now you can scoop up this 42-inch LG C4 OLED TV for just $896 at Amazon . That's 5% slashed off one of LG's most astute TVs this year, taking off $50 to drop it even lower below that $1,000 mark, well over which most OLED TVs sit. Cyber Monday is set to end soon, so be sure to grab this OLED before it's gone. Why this is a great Cyber Monday deal There's no question this OLED is the one to buy this Cyber Monday, explained via our LG C4 OLED TV review , wherein we rave about its picture performance, gaming features, and exhilarating smart platform in webOS. Incidentally one of the biggest drags on the C4 is its price, whereas most everything else we tended to praise. Even its brightness, which is often rather minimal on OLEDs, is quite high, hitting as much as 1,049 nits in a 10% window in standard content. And that goes for its color output, sporting 98% of the UHDA-P3 color gamut, meaning HDR content will look quite flush and gorgeous. LG's webOS is also robust and consistently sees major improvements. Not only does it offer access to all of the best streaming services , but it also even has some game streaming platforms, as well. The ongoing webOS Renew program also ensures your new C4's interface will see regular updates for the next four years, keeping it brand new and fresh. And, sure, at 42-inch, the C4 might not wet the appetites of those looking to get in on the big TV craze that's gaining in popularity. Still, as someone who replaced my PC monitor in favor of the LG C4 , I can attest to its wide-sweeping versatility. Notably, it's got some killer gaming chops, featuring an input latency of just 9.2ms in Game Optimizer mode, made all the better thanks to its gorgeous use of LG Display's WOLED panel. But maybe its size just doesn't meet your needs and I can dig that. Luckily for you there's so many awesome Cyber Monday deals to snag in the lead up to its unfortunate end later tonight, so don't forget to check out out our Cyber Monday TV deals live blog right now for even more savings.Trump threatens to try to take back the Panama Canal. Panama's president balks at the suggestion
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