Filing Worth Watching: Why Amc Networks Inc Reported Big Rlj Entertainment, Inc Position?

Filing Worth Watching: Why Amc Networks Inc Reported Big Rlj Entertainment, Inc Position?

The New Amc Networks Inc Holding in Rlj Entertainment, Inc

Amc Networks Inc filed with the SEC SC 13D form for Rlj Entertainment, Inc. The form can be accessed here: 000119312516740866. As reported in Amc Networks Inc’s form, the filler as of late owns 79.8% or 20,000,000 shares of the Services–company.

Rlj Entertainment, Inc stake is a new one for the and it was filed because of activity on October 14, 2016. We feel this shows Amc Networks Inc’s positive view for the stock.

Reasons Why Amc Networks Inc Bought – Rlj Entertainment, Inc Stock

Item 3 of this Schedule 13D is incorporated into this Item 4 byreference.

The Reporting Persons intend to discuss matters relating to the business and affairs of the Issuer with members of theIssuer’s management and board of directors, as well as other stockholders of the Issuer.The Reporting Persons invested in the Issuer as a strategic opportunity to provide capital and additional resources to the Issuer as it continues toexplore new opportunities for growth.The Reporting Persons anticipate that the strategic partnership between AMC and the Issuer will help accelerate the Issuer’s distribution and development of diverse content, notably British televisionprogramming, urban content and independent films, across multiple platforms, including the Issuer’s direct-to-consumer streaming video-on-demand channels.

The Reporting Persons intend to review their investment in the Issuer on a continuing basis.Depending on various factors, including,without limitation, the business relationships described above, the Issuer’s financial position and strategic direction, price levels of shares of the Common Stock, other investment opportunities available to the Reporting Persons, conditionsin the securities markets and general economic and industry conditions, the Reporting Persons may take such actions with respect to their investment in the Issuer as they deem appropriate, including, without limitation, (i) exercising, in whole orin part, the Warrants, (ii) purchasing additional shares of the Common Stock or other financial instruments related to the Issuer, (iii) selling some or all of their shares of the Common Stock (whether received through the exercise of the Warrants,as interest payments pursuant to the Credit Agreement, or otherwise), (iv) selling, transferring or assigning the Warrants (which actions require the Issuer’s consent pursuant to the terms of the Warrants), or (v) pursuing other plans orproposals that relate to, or would result in, any of the matters referred to in subparagraphs (a)-(j), inclusive, of Item 4 of Schedule 13D.

The section entitled “The Investment Agreement” set forth in Item 6 of this Schedule 13D is incorporated into this Item 4 byreference.As described in such section, pursuant to the Investment Agreement DEH also has certain director appointment and ongoing consent rights with respect to the Issuer.

Rlj Entertainment, Inc Institutional Sentiment

Latest Security and Exchange filings show 15 investors own Rlj Entertainment, Inc. The institutional ownership in Q3 2015 is low, at 50.36% of the outstanding shares. This is increased by 510831 the total institutional shares. 2548205 were the shares owned by these institutional investors. In total 3 funds opened new Rlj Entertainment, Inc stakes, 2 increased stakes. There were 5 that closed positions and 2 reduced them.

Geduld E E is an institutional investor bullish on Rlj Entertainment, Inc, owning 100000 shares as of Q3 2015 for less than 0.01% of its portfolio. Cowen Group Inc owns 13503 shares or less than 0.01% of its portfolio. NY Buckingham Capital Management Inc have less than 0.01% of their stock portfolio for 241451 shares. Further, Edge Wealth Management Llc reported stake worth 0.05% of its US stock portfolio. The CT Wexford Capital Lp owns 1453523 shares. Rlj Entertainment, Inc is 0.11% of the manager’s US portfolio.

Business Profile

RLJ Entertainment, Inc. (RLJE) is a global entertainment content distribution company. RLJE is a film and television licensee focusing on action, thriller and horror independent feature films. RLJE operates through three segments: Intellectual Property (IP) Licensing; Wholesale, and Direct-to-Consumer. The IP Licensing segment includes IP rights that the Company owns, produces and then exploits in various formats, including digital versatile disc, Blu-ray, digital, broadcast, video on demand, streaming video, downloading and sublicensing. The Wholesale segment exploits the content to third parties, such as Walmart, Best Buy, Target, Amazon and Costco, while the Direct-to-Consumer segment distributes directly to the consumer through different exploitation channels. The Direct-to-Consumer segment distributes film and television content through its subscription-based, digitally streaming channels (Acorn TV and Urban Movie Channel (UMC)), its e-commerce Websites and mail-order catalogs.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Analysts await RLJ Entertainment Inc (NASDAQ:RLJE) to report earnings on November, 21.

About 333,346 shares traded hands or 36.73% up from the average. RLJ Entertainment Inc (NASDAQ:RLJE) has risen 1.33% since March 15, 2016 and is uptrending. It has underperformed by 4.15% the S&P500.

RLJ Entertainment, Inc. is a global entertainment content distribution company. The company has a market cap of $11.76 million. RLJE is a film and television licensee focusing on action, thriller and horror independent feature films. It currently has negative earnings. RLJE operates through three divisions: Intellectual Property (IP) Licensing; Wholesale, and Direct-to-Consumer.

More notable recent RLJ Entertainment Inc (NASDAQ:RLJE) news were published by: Wsj.com which released: “RLJ Entertainment to Team Up With AMC Networks” on October 17, 2016, also Marketwatch.com with their article: “AMC Networks to invest $65 million in Britain’s RLJ Entertainment as part of …” published on October 17, 2016, Prnewswire.com published: “RLJ Entertainment Reports Financial Results For The Quarter Ended June 30, 2016” on August 15, 2016. More interesting news about RLJ Entertainment Inc (NASDAQ:RLJE) were released by: Prnewswire.com and their article: “RLJ Entertainment Announces Reverse Stock Split Of Common Stock” published on June 09, 2016 as well as Prnewswire.com‘s news article titled: “RLJ Entertainment Announces Acquisition of Urbanworld Film Festival Titles …” with publication date: October 03, 2016.

According to Zacks Investment Research, “RLJ Entertainment, Inc. operates as a licensee and distributor of entertainment content and programming primarily in North America, the United Kingdom and Australia. It releases its content on a variety of formats and platforms which includes DVD, Blu-Ray, digital download, digital streaming, broadcast television (including satellite and cable), theatrical and non-theatrical. The company’s owned and distributed brands includes Acorn (British TV), Image (stand-up comedy, feature films), and One Village (urban), Acacia (fitness), Slingshot (faith), Athena (educational), Criterion (art films) and Madacy gift sets. RLJ Entertainment, Inc. is based in Bethesda, Maryland.”

RLJE Company Profile

RLJ Entertainment, Inc. (RLJE), incorporated on April 2, 2012, is a global entertainment content distribution firm with a direct presence in North America, the United Kingdom and Australia with sublicense and distribution relationships covering Europe, Asia and Latin America. RLJE is a film and television licensee focusing on action, thriller and horror independent feature films. RLJE operates through three divisions: Intellectual Property (IP) Licensing; Wholesale, and Direct-to-Consumer. The IP Licensing segment includes IP rights that the Company owns, produces and then exploits in various formats, including digital versatile disc (DVD), Blu-ray, digital, broadcast (including cable and satellite), video on demand (VOD), streaming video, downloading and sublicensing. The Company’s Wholesale and Direct-to-Consumer divisions consist of the acquisition, content enhancement and exploitation of content in the same markets as its owned content.

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