"The Company is in advanced discussions with an Australian-own telecommunication services provider on a joint ven-ture arrangement, consistent with the Company’s existing roll out strategy. The joint arrangement is being consid-ered by the Company and is subject to board approval. The structure of the agreement will be following the low up-front capex / high margin service delivery strategy of the company, which was implemented post the companies ASX listing. The Company will update the market on this should a conclusive binding agreement be reached."
and
"The earnings potential from Karaoke2U should not be underestimated as it requires next to no capital investment from us to operate and scale up the service,” said TV2U’s chief executive officer, Nick Fitzgerald.
“What’s more, our one-of-kind viewership analytics capabilities give us tremendous upside potential as such data has become instrumental to the success of Netflix and Amazon. You only need to look at Telstra’s US$331 million acquisition of video streaming and analytics company Ooyala to get a sense of where TV2U could be headed.”
Did someone say we want to be a billion dollar company? That will do me thanks. You little ripper. Time to get stuck into this some more.
