The other two tight ends on the roster Troy Nikla

first_imgThe other two tight ends on the roster, Troy Niklas and Jermaine Gresham, have both been dealing with injuries on their own, though each practice today with Gresham being limited.If Momah is out for an extended time the Cardinals could bring in another tight end, with Mike Jurecki of Fox Sports reporting that former Detroit Lions tight end Joseph Fauria already visited the team earlier Wednesday. Arizona Cardinals tight end Ifeyani Momah suffered a torn meniscus and will undergo surgery on Thursday, according to a report from Mike Garafolo of SportsNet New York. 3 Comments Share Derrick Hall satisfied with D-backs’ buying and selling Cardinals TE Ifeyani Momah suffered a torn meniscus and will undergo surgery tomorrow, sources say.— Mike Garafolo (@MikeGarafolo) September 10, 2015Momah suffered the injury at practice on Tuesday and did not practice with the team on Wednesday. He is listed as the starting tight end, along with Darren Fells on the Cardinals depth chart. Former Cardinals kicker Phil Dawson retires TE Joseph Fauria was at the Cardinals facility today. https://t.co/01kNTcYvMP— Mike Jurecki (@mikejurecki) September 10, 2015 Top Stories Arizona Cardinals tight end Ifeanyi Momah (80) is hit by Oakland Raiders’ Brandian Ross (29) and Taylor Mays, center, during the second half of an NFL preseason football game in Oakland, Calif., Sunday, Aug. 30, 2015. The Cardinals won 30-23. (AP Photo/Tony Avelar) The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Grace expects Greinke trade to have emotional impactlast_img read more

German publishing company Bertelsmann is preparing

first_imgGerman publishing company Bertelsmann is preparing to sell part of its stake in broadcaster RTL Group and may take the first steps towards a placement on the public markets early next month, according to Reuters. Reuters, citing two people familiar with the matter, has reported that Bertelsmann is planning to cut its 92.3% stake in RTL Group to 75% via a process described as a ‘re-IPO’. Bertelsmann could sell up to 17.3% of RTL Group worth an estimated €1.5 billion.The sale will be made by a process similar to an IPO, involving a similar schedule of analyst research, pre-marketing and bookbuilding, but with the difference that RTL is already a listed company, according to the report.RTL Group currently trades only 7% of its stock on the public markets, meaning that Bertelsmann sees a need to educate potential investors in order to secure a good price for the stake, according to Reuters.Bertelsmann’s annual results will be announced on March 26, giving it an additional two months to complete the RTL sale if it intends to use its full-year earnings as the basis for a prospectus.Bertelsmann is expected to use the proceeds of any transaction to fund acquisitions in its pursuit of a strategy to become a more truly international digital media company.last_img read more

JeanMarc Denoual at The Future of Broadcasting co

first_imgJean-Marc Denoual at The Future of Broadcasting conferenceFrance-based OTT TV service Molotov has passed the milestone of one million, according to Jean-Marc Denoual, the outfit’s chief operating officer and co-founder.Molotov, which launched in France a year ago, is currently available free of charge. “Our strategy is to start the subscription model in the second half of this year,” said Denoual, speaking at Marketforce’s The Future of Broadcasting conference yesterday.The company plans to start marketing pay TV actively when it reaches a certain number of subscriptions, said Denoual, who described Molotov is “a distributor”.He said the strategy is to open up the platform up to all who want to be on it. The company is focusing on signing up movie packages and non-exclusive pay TV packages. It is talking to Canal+, but this is “complex”, said Denoual.He said Molotov is not providing SVOD because it wants to focus on the TV experience, meaning a mix of live OTT TV, replay and premieres of upcoming shows.Molotov launched last July on Apple devices, adding iPhone in September. The company launched in Android in December, and is also available on smart TVs.Cloud DVR was launched in December after the company negotiated deals with content suppliers.Denoual compared Molotov’s freemium model to gaming. “The strategy is like a gaming strategy. We want to attract the maximum number of people as fast and possible and then start subscriptions,” he said.Denoual said that the idea was to create a new TV experience and distribution platform to help content providers win back a younger TV audience.“We tried to rethink the way to present TV,” he said. “We provide a single experience aggregated with all channels with EPG in the cloud and some additional features.”Molotov’s founders ­– Canal+ founder Pierre Lescure, Jean-David blanc and Denoual – previously spent over a year trying to convince free TV channels to make their content available on the platform.Denoual said that Molotov had the intention of reinforcing rather than undermining channels by pointing people to them on the basis of the content they want to watch.last_img read more