Business
Launching LiveScores service in Brazil
Launching LiveScores service in Brazil.
About this update from Gana Media Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4062P\n Mobile Streams plc\n 18 October 2021\n \n \n \n \n 18 October 2021\n \n \n \n \n \n Mobile Streams plc\n \n \n (\"MOS\" or \"the Company\")\n \n \n \n \n \n Streams and Quanta launching LiveScores service in Brazil \n \n \n 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.\n \n \n \n \n \n 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. \n As with the Company's successful launches in Mexico and Argentina, this service will utilise Quanta content and the Streams delivery platform.\n \n \n \n \n \n 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.\n \n \n Andrew Deeks, CEO of QMG, said:\n \n \n \"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.\"\n \n \n Nigel Burton, Non-Executive Director, said:\n \n \n \"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.\"\n \n \n \n \n \n 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...