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o2's q3 numbers are out....
https://news.o2.co.uk/2019/11/04/the-uks-largest-mobile-network-continues-to-grow/
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.
Interesting guesswork and probably a little way off and dont forget that any income from this will also have to go to the artists etc. Still it is all possible turnover and welcome.
parislse, don't let anyone put a downer on your data or thoughts. As you stated its only the UK, even if MVR paid the artists 50% then this could be one income stream of £5 million. Then a second income stream is where these users pay for new live events, in fact you could say each live event is a new income stream for non-subscription users, who just what to see a one off performance, the sky's the limit. I see you are a believer too.
It's tip of the iceberg stuff. That's just 1st year income which does not include advertising revenues, additional users from word-of-mouth (the biggest impact) and then how many continue their subscriptions beyond the intro period. That first year will disappear soon enough. As stated, this is a long-term share where contrary to the horse-dung being deposited, slow but steady growth is the order of the day. This until there is enough material in the back-catalogue to properly sustain an ongoing demand. There's only one chance at this. Go too soon and that could be catastrophic!
There are clearly people on here who don't do their research, they don't know how to evaluate the basis of a sound business model and as a result they should not be anywhere near the AIM section of the market. Least of all should they be grumbling about a BoD who have a clear growth strategy, have cash in bank and are building a future income stream that will last into perpetuity. The latter being better than cash in the bank by factors!
All we need do is sit tight, make the best of the buying opportunities that the below 10p prices offer, and look forward to a prosperous future. Forget FB, MVR are not part of their business model as all they want is data to gather/sell without any commitments beyond providing their linking platform. All the while that they can hide behind the "ain't me guv" clause in American Law, that won't change. That doesn't mean that there aren't some very big beasts keeping a watchful eye. They'll let MVR do all the necessary ground-work until one will make its move as and when it decides it benefits them. A stag-rut won't come close to describing what will happen next.
Sit tight, if MVR can negotiate deals like those they have managed so far, there isn't too much to worry about...
i HEAR WHAT YOU SAY BUT "SLOW AND STEADY GROWTH?"
"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?
how much revs with 5 or 6 including Brazil? 60-90m??
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....
https://news.o2.co.uk/2019/11/04/the-uks-largest-mobile-network-continues-to-grow/
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?