TV2 0.00% 0.8¢ tv2u international limited

TV2- The next leg up, page-780

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    TV2U has also commenced content delivery for its joint initiative with Divan.TV through the launch of the Russian language K2U App into Russia and the Commonwealth of Independent States (CIS) region. The collaboration agreement with Divan.TV enables TV2U content to be delivered into the region via a trusted and fully operational partner. TV2U content will be marketed and promoted on the Divan.TV platform, which currently has around one million active users. This service will be launched on 25th July 2016. K2U has 1,500 titles on the Russian service and users are currently being offered a free two-week trial. The Company is currently working though the next phase of the Divan.TV collaboration and intends to launch further content offerings for the region, with this first Karaoke service being launched by the 25th July 2016. TV2U is confident that the local language service will provide a key point of difference to attract new subscribers or to encourage others to make the switch from other regional providers.
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