Tv2u through its JV with Divan will have access to 3.5 million customers!!
When this announcement was made, http://www.asx.com.au/asxpdf/20160302/pdf/435jqqjjkdg8rs.pdf ,
Divan had around 1 million customer base, it's already grown that themselves by 50% in around 4 months and just added 2 million customer base by this partnership with Dune who produce high performance digital media players.
Now read this paragraph from the Divan JV announcement, the complete announcement link is above and should also be completely read again IMO..
"This agreement provides tv2u with immediate earnings from commercial launch via the revenue sharing agreement, WHEREBY TV2U WILL RECEIVE 50% OF All THE EXISTING AND FORWARD NET REVENUE GENERATED BY DIVAN.TV ACROSS THE CIS REGION..
This deal was big but it's getting even bigger very quickly!!
Happy Thursday
TV2 Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held