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CuriosityStream (CURI) Stock News, Nov 2020-Feb 2021

CURI Nasdaq

CuriosityStream Inc. reports developments tied to its global factual entertainment media business. The company operates the Curiosity Stream subscription video service, Curiosity Channel, Curiosity University, free ad-supported channels, Curiosity Audio Network and Curiosity Studios, with programming across science, nature, history, technology, society and lifestyle.

Recurring news for CURI includes quarterly and annual financial results, outlook updates, investor conference participation, dividend declarations, share repurchase activity, distribution partnerships and launches for Curiosity Stream. Company updates also cover content licensing, AI video model training and data licensing, sales and business development leadership, and the use of its factual programming library across subscription, linear, advertising-supported and partner-distribution channels.

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CuriosityStream (NASDAQ: CURI) will announce its fourth-quarter and full-year financial results for 2020 on March 23, 2021, after market close. A Q&A conference call will follow the announcement at 5:00 p.m. ET. The live audio webcast will be accessible on the CuriosityStream Investor Relations website, and a replay will be available for two weeks. The press release emphasizes CuriosityStream as a leading factual streaming service, offering diverse documentary content across multiple platforms globally.

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CuriosityStream (NASDAQ: CURI) has announced its largest-ever investment in original programming for 2021, producing more original hours than in its history. This new slate promises diverse documentaries covering topics like nature, science, and history. Key titles include Rescued Chimpanzees of the Congo, Doug To the Rescue, and The History of Wall Street, among others. CuriosityStream aims to enhance its extensive library to cater to a growing viewer base, reinforcing its position as a leading factual streaming service.

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CuriosityStream (CURI) has appointed Ashley Huston as the new Vice President of Communications. Huston, a seasoned media professional, previously led communications at Quartz and held senior roles at Dow Jones and The Wall Street Journal. She will manage internal and external communications as the company aims for growth and expansion in the factual media sector. President and CEO Clint Stinchcomb expressed enthusiasm for Huston's appointment, highlighting her experience in strategic communications and brand development during transformative times.

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CuriosityStream Inc. (NASDAQ: CURI) reported that underwriters fully exercised their over-allotment option, resulting in the purchase of an additional 975,000 shares at $13.50 each, contributing to total gross proceeds of approximately $100.9 million from a public offering of 7,475,000 shares. The funds will be allocated for program content investment, marketing, and general corporate purposes. BofA Securities led the offering, with others including Needham & Company participating as co-managers.

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CuriosityStream Inc. (NASDAQ: CURI) has announced the pricing of a public offering of 6,500,000 shares of its common stock at $13.50 per share, totaling approximately $87.7 million in gross proceeds. The offering is expected to close on February 8, 2021, pending customary conditions. An additional 975,000 shares may be purchased by underwriters within 30 days. The funds will be allocated towards investment in program content, marketing, and general corporate purposes. BofA Securities is managing the offering.

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CuriosityStream (NASDAQ: CURI) announced an underwritten public offering of 6,500,000 shares of its common stock, with an option for underwriters to purchase an additional 975,000 shares. The offering, managed by BofA Securities, is dependent on market conditions, and its terms are not yet finalized. CuriosityStream plans to utilize the net proceeds for investment in program content, marketing, and general corporate purposes. A registration statement has been filed with the SEC, but it is not yet effective, restricting the sale of these securities until then.

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CuriosityStream (NASDAQ: CURI) announced that CEO Clint Stinchcomb will participate in a virtual fireside chat at the 23rd Annual Needham Virtual Growth Conference on January 12, 2021, at 10:15 AM PT / 1:15 PM ET. The discussion will focus on the company's growth strategies and market trends. Investors can access the live webcast on the CuriosityStream investor relations website. A replay will also be available for a limited time. CuriosityStream is a leading global factual streaming service offering thousands of titles across various platforms, enhancing viewer engagement with high-quality documentaries.

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CuriosityStream (NASDAQ: CURI) announces production of the original series Rescued Chimpanzees of the Congo, featuring Jane Goodall, set to debut in spring 2021. The five-part series, plus a special, highlights the work at the Tchimpounga Chimpanzee Rehabilitation Center with exclusive access to archival footage and interviews. The series showcases more than a decade's worth of stories about rescued chimpanzees, emphasizing their rehabilitation and the dedication of their caregivers. CuriosityStream aims to provide emotional, educational, and inspiring content in collaboration with Off The Fence Productions.

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CuriosityStream Inc. (NASDAQ: CURI) announced that John Hendricks, Founder and Chairman, will participate in a virtual fireside chat at the Bernstein Operational Decisions Conference on November 17, 2020, at 8:00 AM PT / 11:00 AM ET. The event will be accessible via live webcast on CuriosityStream's investor relations website. A replay will be available afterward. CuriosityStream is renowned for its factual streaming service, featuring a range of documentary content, including original series in Ultra HD 4K, available across various global platforms.

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CuriosityStream (NASDAQ: CURI) partners with Tata Sky, India's leading content distribution platform, to offer thousands of hours of award-winning documentary content. Starting November 17, 2020, Tata Sky subscribers can access CuriosityStream via Tata Sky Binge and linear television services, featuring popular titles narrated by Sir David Attenborough and Stephen Hawking. This partnership aims to enhance content offerings for Tata Sky's audience, combining CuriosityStream's unique storytelling with Tata Sky's diverse platform, thereby expanding CuriosityStream's reach in India.

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FAQ

What is the current stock price of CuriosityStream (CURI)?

CuriosityStream (CURI) last closed at $2.78.

What is the market cap of CuriosityStream (CURI)?

The market cap of CuriosityStream (CURI) is approximately $165.0M.