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Sorry. Came across this thread whilst looking into the 02 deal with Melody... Credit to ParisLSE who was estimating revenue from the 02 deal. Also note the RNS statement of intent in expanding the telco deal... MVR have been very active in the US...
PARISLSE Post (thanks Paris):
o2's q3 numbers are out....
So it shows they have 26m customers of which 66.9% pay monthly.
I'm trying to guesstimate what the current o2 deal is worth....
66.9% of 26m = 17,394,000
On the rns https://www.investegate.co.uk/evr-holdings-plc--evrh-/rns/melodyvr-launches-exclusive-5g-partnership-with-o2/201910170700051539Q/
It said: "O2 will remunerate MelodyVR for each of their customers that utilise the promotion and will guarantee a minimum number of subscribers during the course of the first 12 months."
Not sure what o2 guaranteed but let's say a conservative 1% of monthly customers.
They will be paying £7 extra for their contract
Let's say £3.50 goes to Melody.
1% of 17,394,000 = 173,940
173,940 x 3.5 = £608,690 per month x12 = £7.3m
If £5 goes to melody = 869,700 x 12 = £10.4m
And this is just from the UK. The rns also said: "we look forward to welcoming more users in the UK to our platform, and to completing further international telco partnerships that will both drive user and revenue growth in the near future. "
Telefonica are in Germany, Spain and Brazil - in Brazil they have 90m customers. This deal is huge and will get a lot bigger as they add more countries.
"and to completing further international telco partnerships that will both drive user and revenue growth in the near future. " Near being the key word, doesn't sound slow to me. Which Telco partnership will come next adding another circa £10m rev?
Just a reminder for new investors. John Gore, invested and valued this company at 15p a share (as per the RNS extract at bottom of post), earlier this year. This is what a successful billionaire currently values the company at. To add, he's reported to be the Conservatives greatest donor in the past so clearly 'shrewd' when it comes to finances.
There's been a lot of talk concerning when Melody will get involved in theatre and it's certainly a case of when, not 'if'. John Gore, Billionaire has a huge stake in this company (6.98%) and it's very fair to assume he will utilise his position to mobilise VR in his theatres.
As we know, theatres, cinemas are all going to largely affected for the foreseeable future as such, John Gore no doubt will revolutionise theatre viewings. Without any doubt, theatre 'go-ers' are generally of a more 'mature' age demographic and therefore will be more hesitant to attend such venues during the COVID pandemic.
The data found that the largest age group for theatre audiences was people between the ages of 65 and 74, with the average age of an audience member being 52 (as per https://www.thestage.co.uk/news/audience-agency-data-shows-ageing-demographic-of-theatregoers).
EVR Holdings plc (AIM:EVRH), the leading creator of virtual reality entertainment content and operator of the MelodyVR platform, is pleased to announce that the John Gore Bahamas Ltd ("JGB") has partially exercised its option to subscribe for 4,997,041 new ordinary shares at a price of 15.3p per share ("Subscription Shares"), representing a significant premium to the Company's current mid-market share price, which values the Company's issued equity share capital at approximately £220 million.
we've moved to the MVR chat now.
Some are determined to top up and some equally determine to sell up at 4.8p.An interesting battle today.
Does anyone have the paper from Arden Partners for the forecasts?
excellent news robidicus,thank you.i have taken the liberty of referring to your post on the new MVR board which i hope is ok
Trending at number 3 again.
Could you imagine lol " resources to capitalize on current innovations"
“This added liquidity will help bolster our already strong balance sheet, providing us with extra cushion to withstand any scenario well into 2021, as well as ample resources to capitalize on current innovations and ramp business up quickly when the time is right,” said Michael Rapino, President and Chief Executive Officer of Live Nation Entertainment.
Hadn’t really considered them before but they are perfect to buy out MelodyVR. Huge company that would seamlessly be able to offer VR concerts to their already massive user base. They would finally be able to generate some value out of the tech and agreements melody have created. Used to want Melody to go it alone but have less and less faith in them being able to do it so am hoping for a buyout within a year.
could be to do with ticker change.have you tried MVR?
on barclays why would this be?
Fri, 22nd May 2020 07:00
RNS Number : 7395N
MelodyVR Group PLC
22 May 2020
Change of Name Update
MelodyVR Group PLC (the "Company"), the leading creator of virtual reality entertainment content and operator of the MelodyVR platform, today confirms that, further to the announcement of 11 May 2020, the Company's name has changed to MelodyVR Group PLC and the new 'MVR' TIDM will commence trading with effect from this morning.
In addition, the Company's website address has now changed to www.melodyvr.group
Anthony Matchett, Executive Chairman & CEO said: "The change of name for EVR Holdings PLC to MelodyVR Group PLC is an important development for the Company. For a number of years, our principal subsidiary has been the core focus of our business and activities, be it the development of proprietary hardware and software, or the creation of original and exclusive content featuring the world's most prominent artists and musicians. Our team's determined focus to build a scalable consumer platform and a revolutionary entertainment business has yielded numerous successes to date, but as we continue to develop and in anticipation of welcoming even more consumers to the MelodyVR platform throughout 2020 and beyond, it is now appropriate for our parent company to also bear the MelodyVR name. I am pleased to announce a unified name for our holding company and operating subsidiaries, as we embark on another exciting stage of development for MelodyVR Group."
MVR = market value reduction !!!!
Let’s hope not..... come on Let, let’s get this party started!!!
ATVB 2 LTH. ~¿~
Thought it might be
Watching... Will be ticker change ‘taking affect’ I would presume..
Evrh is saying market unavailable !
Can’t trade melody on ig. Is something kicking off ?
Good to see it on the Beeb
Around 7million people watch the Breakfast Show
Music World just tweeted a link to this article to their 145,500 followers just now
also website changed as per RNS,so alls fine in that respect.
Melody name change is aligning the stars .
Matchett looks cool and camp with his hat on BBC .
Wonder when our melody viewer will arrive .!
emily_eavis For everyone asking about our broadcast plans for what would have been the festival weekend, an announcement is coming next week with all the details. And there’s going to be a lot of gems unearthed from the Glastonbury vault! Will it have the assistance of MelodyVR ? GLA