I would've thought that the minimum subscription fees of 125000 subs for the first yr would still be payable to tv2. How sol goes about marketing their product shouldn't interfere with our payment deal.
But even in that instance we would only record Aug payments in next qtr as Sep would be paid in Oct.
Yes you are correct that any sub fees would be minimal.
but any revenues recorded by a start up spec company can have very powerful effects in the market. For that I am super excited.
TV2 Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held