Business
LiveScores Argentina months ahead of target.
LiveScores Argentina months ahead of target..
About this update from Gana Media Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9363Q\n Mobile Streams plc\n 01 November 2021\n \n \n \n \n 1 November 2021\n \n \n \n \n \n Mobile Streams plc\n \n \n (\"MOS\" or \"the Company\")\n \n \n \n \n \n LiveScores Argentina months ahead of target. Over 6,000 downloads in first month \n \n \n \n \n \n Mobile Streams plc, the AIM quoted mobile content and data intelligence company, is delighted to announce that its LiveScores service in Argentina has achieved more than 6,000 downloads in its first month against an internal target of 3,000 by the end of December. The service, which only launched at the start of October, achieved these numbers significantly faster than anticipated and the Company believes this demonstrates much stronger than predicted demand for the service.\n \n \n \n \n \n Income is generated for MOS, not through downloads, but through a mixture of affiliate revenue share with Quanta and subscription payments via the current MOS billing contract with Movistar. It is estimated at 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 subscriptions may also be generated and will be paid into the MOS Argentina account. \n As with the Company's successful launch in Mexico, this service will utilise QMG content and the Streams delivery platform.\n \n \n \n \n \n The Company is also delighted to announce that, as stated in its RNS dated 18 October 2021, its LiveScores service will be going live in Brazil from today, 1 November. The service will be marketed under the name Placar365 and will be live on the website \n \n https://placar365.com\n \n , the Google Playstore and then Apple App Store. This launch, in addition to our already live Argentinian and Mexican services, show the Company's continuing commitment to develop the business and our international services. It also represents the next step in the Company's revenue generation strategy. We will update the market on Brazi...