Mobile Streams plc Launch of LiveScores service in Argentina. (4857L)
13 September 2021 - 4:00PM
UK Regulatory
TIDMMOS
RNS Number : 4857L
Mobile Streams plc
13 September 2021
13 September 2021
Mobile Streams plc
("MOS" or "the Company")
Streams and Quanta launching LiveScores service in
Argentina.
Mobile Streams plc, the AIM quoted mobile content and data
intelligence company, is delighted to announce that in partnership
with Quanta Media Group ("QMG") the Company will be launching its
LiveScores football 365 service in Argentina. The service is set to
go live on 1 October 2021 and is expected to generate significant
revenue for MOS over the next 3 years.
Income is generated for MOS through a mixture of affiliate
revenue share with Quanta and subscription payments via the current
MOS billing contract with Movistar. It is estimated that the vast
majority of revenue generated from the Argentina service will be
from affiliate revenue share. Affiliate revenue occurs when a lead
generated from the LiveScores service is sold to another
organisation which will then market their service or product to the
lead. All affiliate revenue share generated will be paid into the
MOS UK account and therefore will not incur any currency related
risks sometimes associated with the Argentinian market. Additional
revenue from telco subscription may also be generated and will be
paid into the MOS Argentina account. As with the Company's
successful launch in Mexico this service will utilise QMG content
and the Streams delivery platform.
This next territory launch represents a further step in the
Company's development, and we are currently in advanced discussions
regarding further launches.
Andrew Deeks, CEO of QMG, said:
"Following on of from a successful Mexican launch we are
delighted to be partnering with MOS again to launch in Argentina.
We see this as a huge revenue opportunity. Additionally, we are
also looking to launch similar services in other territories
soon."
Nigel Burton, Non-Executive Director, said:
"We are delighted to be extending our partnership with Quanta
into the Argentinian market. The combination of our Streams
delivery platform and the Quanta content is already delivering
great results in Mexico and we look forward to continuing this in
Argentina.
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as
it forms part of UK Domestic Law by virtue of the European Union
(Withdrawal) Act 2018. Upon the publication of this announcement,
this inside information is now considered to be in the public
domain.
About Streams Data
The Streams Data business provides data insight, intelligence
and visualisation services and marketing optimisation tools. The
enterprise level bespoke service achieved first revenues in June
2020, and the Streams SaaS ("Software as a Service") self-service
platform generated initial customer revenues in October 2020.
Enterprise clients include The Economist and Quanta Media
Group.
For further information, please contact:
Mobile Streams plc
Nigel Burton, Non-Executive Director
+44 77 8523 4447
www.mobilestreams.com
Beaumont Cornish (Nominated Adviser)
James Biddle and Roland Cornish
+44 (0) 20 7628 3396
Peterhouse Capital Limited (Broker)
Lucy Williams and Duncan Vasey
+44 (0) 20 7469 0930
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END
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