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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Discovery Inc | NASDAQ:DISCK | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 24.42 | 24.12 | 24.90 | 0 | 01:00:00 |
By Max Bernhard
Axel Springer SE (SPR.XE) and its partners have made a follow-up investment of 40 million dollars into Group Nine Media, a U.S. operator of online video platforms, the company said Wednesday.
Group Nine Media is owned by Discovery Communications Inc. (DISCA), Axel Springer and Lerer Hippeau Ventures.
"With this follow-on financing, we want to accelerate the further growth of Group Nine Media", said Jens Mueffelmann, chief executive of Axel Springer Digital Ventures.
Write to Max Bernhard at Max.Bernhard@dowjones.com; @mxbernhard
(END) Dow Jones Newswires
November 29, 2017 04:47 ET (09:47 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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