"The Agreement will provide TV2U the opportunity for significant uplift to its OTT (Over the Top) managed service revenue model for both the B2B and B2C markets. The uplift is expected to come from agreed content sales and advertising revenue sharing and the additional services provision for customers. The delivery of the low cost of the service, coupled with attractive upfront content acquisition costs, allow for maximum revenue potential for this transaction and service roll out.
The partnership with Sunfly is one of many contracts the company is working on with its aim being to become one of the largest global premium entertainment OTT service providers. "
Ann: TV2U's TARA TV signs Agreement with Global Karaoke Provider, page-3
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