RSTR.L Share News (RSTR)

RSTR.L Information

There is currently no data for RSTR

Rightster Kicks Off Strategic Review, Will Consider All Options

Fri, 16th Oct 2015 06:55

LONDON (Alliance News) - Rightster Group PLC on Friday said it has kicked off a formal strategic review which may lead to the company considering a strategic partnerships or a sale of the business.

Rightster, which distributes and monetises live and on-demand video content, said it will consider all strategic options, including strategic partnerships, acquisitions, divestments, a sale of the company or a new debt facility. It will be advised on the review by Raine Advisors Ltd.

The company said in its interim results at the end of September it was evaluating options to secure additional investment in the fourth quarter of 2015 to ensure it had enough working capital to move towards cashflow breakeven.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

More News

29 Sep 2014 09:54

Rightster Selected To Create, Manage Network For Arts Council England

18 Jul 2014 09:08

DIRECTOR DEALINGS: Rightster Group Non-Executive Buys Shares

8 Jul 2014 13:23

UPDATE: Rightster To Raise GBP42 Million In Placing As It Makes Acquisitions

8 Jul 2014 09:59

Rightster To Raise GBP42 Million In Placing As It Makes Acquisitions

5 Jun 2014 10:19

Rightster Extends Barcroft Partnership After Barcroft TV Proves Popular

LONDON (Alliance News) - Video distribution and monetisation company Rightster Group PLC Thursday said it had extended its strategic partnership with content provider Barcroft Media, after Barcroft TV became the top performing channel in the Rightster multi-channel network on YouTube. In a

16 Apr 2014 11:07

Rightster Loss Widens As It Ups Investment, Headcount

LONDON (Alliance News) - Rightster Group PLC Wednesday posted a widened pretax loss for 2013, despite seeing revenues more than triple, as it invested in its research and development and upped its headcount. Rightster provides video syndication and monetisation services. It raised GBP20.4 m

9 Apr 2014 09:41

Rightster Sees Video Traffic Rise In First Quarter

LONDON (Alliance News) - Rightster Group PLC said Wednesday that it had seen growth in its video traffic in the first quarter of 2014, driven by new and existing customers. Rightster provides cloud-based distribution and monetisation services for live and on-demand video content. Vide

4 Feb 2014 14:47

Rightster Group expects rise in full-year revenue

Video distribution company Rightser Group said full-year revenues rose following a strong second half. The company expects to report revenue of £1.97m in the year through December 31st 2013, up from £0.23m the prior year. The second half of 2013 delivered growth in video views with average monthly

4 Feb 2014 11:56

Rightster Expects Full-Year Revenue Rise On Video Views Growth

LONDON (Alliance News) - Rightster Group PLC said Tuesday that expects to post more more than doubled revenue for the year ended December 31 2013, as it saw strong growth in video views in the second-half. The company expects revenue after commissions payable to Rights Holders and Publisher

Latest Share Chat

RSTR.L Share News (RSTR)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Rightster Kicks Off Strategic Review, Will Consider All Options

Login to your account

Quickpicks are a member only feature

Login to your account