Robert F.X. Sillerman, Executive Chairman and CEO, Converts $36,964,000 of Preferred Equity into Common Stock at a Price of $2.34 Per Share NEW YORK--(BUSINESS WIRE)-- FUNCTION(X) INC. (NASDAQ: FNCX), a…
NEW YORK--(BUSINESS WIRE)-- FUNCTION(X) INC. (NASDAQ: FNCX), a leading social publishing and interactive media platform, today announced the pricing of an underwritten public offering of 4,571,428 shares of its common stock…
Function(x) operates Wetpaint.com, the leading online destination for entertainment news for millennial women, covering the latest in television, music, and pop culture and Rant, a leading digital publisher with original content in 13 different verticals, most notably in sports, entertainment, pets, cars and food. Function(x) Inc. is also the largest shareholder of DraftDay Gaming Group, which is well-positioned to become a significant participant in the expanding fantasy sports market, offering a high-quality daily fantasy sports experience both directly to consumers and to businesses desiring turnkey solutions to new revenue streams. Function(x) Inc. also owns Choose Digital, a digital marketplace platform that allows companies to incorporate digital content into existing rewards and loyalty programs in support of marketing and sales initiatives.
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