ISENTIA KILLS OFF KING CONTENT AND ISSUES ANOTHER PROFIT WARNING
Written on the 1 August 2017 by Ben Hall
MEDIA monitoring group iSentia (ASX: ISD) has issued a negative profit warning and has written off the value of its troubled content marketing business, King Content.
Its offices in New York and Hong Kong will be shut down and the remainder of the loss-making business will be pulled in under the iSentia banner and staff will be cut.
Author: Ben Hall