Newzulu (ASX:NWZ) is adding news agencies and media companies to...

Newzulu (ASX:NWZ) is adding news agencies and media companies to its crowd sourced video content platform almost daily, entering into a partnership with Spain's Gtres Online for content syndication and distribution.

Newzulu has built a global editorial video content platform of breaking news, events and stories.

Earlier today, the company partnered with Russian national news agency Tass for distribution of Newzulu's news content.

Gtres Online is a leading news agency with distribution in Spain and Portugal. Newzulu’s crowd-sourced news archive will be featured among Gtres Online’s collection.

The two companies will look to generate revenue through the sale and licensing of Newzulu’s crowd-sourced content to Gtres Online’s editorial, creative and commercial clients in Spain and Portugal.

The commercial terms of the agreement for distribution and licensing of Newzulu content by Gtres Online on a non-exclusive basis were not disclosed.

It will have a focus on high-quality, validated crowd-sourced videos and photography.

Newzulu is looking to a material increase in revenues for Newzulu’s editorial business in the European region from the date the agreement commences.

Alexander Hartman, executive chairman of Newzulu said: “We are delighted to partner with Gtres Online to bring the power of validated, high-quality, crowdsourced Newzulu content to their platform and clients in Spain and Portugal.

"In parallel with the expanded distribution in these key European territories through Gtres, Newzulu will expand its
community and crowd-sourced content gathering in Spain and Portugal.

“Crowd-sourced images and video offer unique editorial perspectives of breaking news events and compelling, alternate angles of breaking stories.

“Through Newzulu’s partnership with Gtres Online, contributors of content to Newzulu can get published and get paid by any media outlet creative agency or commercial client in Spain, Portugal or around the world.”