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17/03/16
12:15
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Originally posted by stevenjd
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i have received some subscription guidance from the company.
"Our current targeted subscription package for the Sunfly / Karaoke deal we are currently targeting $7 per month for the VIP service
However this may vary in certain regions due to economic factors -like subscriber growth , roll out strategy , competitors in the market , currency conversion etc
Our main comparative would be Smule / Sing application which is currently charging $8.99 per month for a VIP "
So WOW. Forget Changba, Smule is what we should compare to.
anyway, if we re-work how AFR may have come to 8m? How about 100k x $7 x 12 months = $8.4 million.
Again, this seems is only for the 100k for Thailand , not the 1m target, so when we achieve 1 million active monthly subscribers by adding additional regions each month, then that would be run rate then at $84 million !!
The accumulative revenue for the first 18 months up to 1 million active subscribers varies then to $65m
(again this is based on the growth of 55k , 110k, etc)
There is likely to be a range of subscriptions from 1hr to the monthly, so it is still a little vague.
Time will tell.
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Is that $7 USD? Yes please