Peppa Pig maker Entertainment One explores takeover interest
This article states how the television company behind Peppa pig has been offered for sale to media companies such as sky and vivendi to be its investors. however sky was not interested in making a bid for entertainment one due to their target as its involved in cinema as well as television and therefore is not seen as a good fit for the satellite operator's strategy.
- Vivendi was seen as a better match for Entertainment One
- Sky was not interested in a making a bid for Entertainment One
- Vivendi is focused on building up its global scale as a media rights owner and distributor
- It sold a 9pc stake and gave up its seat on the board in July, sending the shares tumbling
- The firm’s stock market valuation has climbed towards £1bn as it has built a large library of film and television rights through acquisitions, and is now focused on expanding its production arm
My view on this article is that Peppa pig is a very popular show for children in terms of their entertainment; they are also becoming very imaginative as there has also been movies based on this kids TV show.
Facebook sets user record as more than 1bn people log on in single day
This article is about how more than 1bn people used Facebook on a Monday, which is a big excitement for them as this is their first time that the social network had hit the milestone. the founder felt very proud about this. this made the founder of Facebook - Mr Zuckerberg the ninth richest person on the planet.
- In the three months ended June 30, the company's revenues jumped to $4.04bn, from $2.91bn in the same period last year
- However, net income attributable to stockholders fell to $715m, from $788m, as total costs and expenses jumped 82pc to $2.77bn.
- On Oculus, Mr Zuckerberg said that "immersive 3D content is the obvious next thing" after video, which has recorded huge growth on the website.
My opinion on this article is that I never expected Facebook to still be such a popular website as there has been other social networks that have been more successful such as instagram and snapchat.
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