Mobile Streams plc Launching LiveScores service in Brazil (4062P)
18 October 2021 - 10:03PM
UK Regulatory
TIDMMOS
RNS Number : 4062P
Mobile Streams plc
18 October 2021
18 October 2021
Mobile Streams plc
("MOS" or "the Company")
Streams and Quanta launching LiveScores service in Brazil
Mobile Streams plc, the AIM quoted mobile content and data
intelligence company, is delighted to announce that in partnership
with Quanta Media Group ("QMG" or "Quanta") it will be launching
its LiveScores service in Brazil. The service will go live in early
November.
Income is anticipated to be generated for MOS through affiliate
revenue share with Quanta. Affiliate revenue occurs when a lead
generated from the LiveScores service is sold to another
organisation who will then market their service or product to the
lead. All affiliate revenue share generated will then be paid into
the MOS UK account and therefore will not incur any currency
related risks. As with the Company's successful launches in Mexico
and Argentina, this service will utilise Quanta content and the
Streams delivery platform.
This next territory launch represents another step in the
Company's development, and we are currently in advanced discussions
regarding further launches. The Company will provide updates
regarding take up of its services at the appropriate times.
Andrew Deeks, CEO of QMG, said:
"Following on of from successful Mexican and Argentinean
launches we are delighted to be partnering with MOS again to launch
in Brazil which has a huge addressable audience. We see this as a
significant revenue opportunity. Additionally, we are also looking
to launch additional services with Mobile Streams in other
territories soon."
Nigel Burton, Non-Executive Director, said:
"We are delighted to be extending our partnership with Quanta
into the Brazilian market. The combination of our Streams delivery
platform and the Quanta content is already delivering great results
in Mexico and Argentina, and we look forward to continuing this in
Brazil."
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, Duncan Vasey and Eran Zucker
+44 (0) 20 7469 0930
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END
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