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Nov 26, 2021 · According to the most recent accounts filed at Companies House, Arena Television turned over nearly £30m and reported earnings before interest, tax, depreciation and amortisation of £14.99m
Jan 6, 2022 · Outside broadcasting company Arena Television collapsed at the end of 2021 with debts of £280 million amid allegations of fraud. The company’s administrators have found virtually no broadcast equipment since Arena ceased trading in November, according to an official document published by Companies House.
- Jenny Priestley
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Nov 6, 2023 · In connection with the business combination, 5- Hour International Corporation Pte. Ltd. (“5-Hour”) will purchase $25 million of common stock of the combined company (“New Arena”), and The Hans Foundation, USA (“Hans Foundation”) will purchase $25 million of preferred stock of New Arena.
Aug 1, 2022 · Published: August 1, 2022 ⋅ Updated: August 2, 2022. The administrators of the failed Arena Television have reportedly expanded their investigation to include another of the company’s senior directors. Kroll filed a breach of fiduciary duty case in the High Court in November last year against Arena TV’s former owner and managing director ...
- Jenny Priestley
Sep 30, 2015 · Arena (ARNA) investors that follow the equity closely are likely aware that there have been no television ads aired in quite some time. What they may not realize is that there was a total...
Nov 14, 2023 · AREN. Results Showcase 21% Growth in Digital Revenue, a 32% Narrowing of Net Loss and 86% Improvement in Adjusted EBITDA. Signs Definitive Agreement with Bridge Media Networks, Strengthening ...
Nov 11, 2022 · Arena Television collapsed at the end of 2021 with debts of £280 million. Loans from 55 lenders had been secured against thousands of items of broadcasting equipment that simply did not exist. The collapse occurred when one of the broadcaster’s creditors failed to locate ‘leased’ equipment during an asset verification inspection.
