Hi @SuperTrumpy, here is the quote for the announcement which is entitled 'TV2U ANNOUNCES DETAILS OF OTT ASSOCIATION IN BRAZIL':
I guess it could be considered slightly ambiguous wording, however I always took this to be related to the Brazilian revenues, especially considering the announcement refers specifically to the OTT association in Brazil. My initial post regarding potential future valuations also reflects this. And as I have said previously, I believe TV2 are careful with the wording used in announcements, so a lot can be gleaned from reading 'between the lines'.
All IMO of course.
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