Member Info for AlbertPode

That might explain why his posts don't make much sense, BadBat.

Apple will have done their due diligence in weighing up the value of Next's patents. That's all they are buying because any worthwhile content is worth precious little, especially just now.

Facebook (and others) must be all over this, watching and waiting to see what develops As you said yourself Opti, more than one potential buyer and it's a bidding war. With EVR happy and willing to have a suitor, this would be a perfect scenario.

The problem Next had, although they didn't realise it was that they tried putting their VR into 'old-fashioned' headsets which only ever really appealed to gamers. At least Facebook with the stand-alone Oculus have made some headway, so Melody's timing was far more fortunate.

They failed to secure funding (something EVR have never failed to do). So half the staff had to go , their VR music efforts were cast to the four winds, and they were left with just minority sports.

Next are dead in the water and are not much more than a shell for Apple to use as they want. Personally I never did think they were any sort of competition for Melody

No Italian, I'm not going to shoot you down.
Wireless and GMA passed seemingly glitch-free, but that was last year, and there has been nothing since. Now we need some proper news of heavyweight gigs with details of dates, venues etc. And monetised - they can't just keep doing things for free.

The JGO placing I get. It brought on board a valuable partner AND investor. To my mind the best move EVR have made since they came to market. But you have to wonder if the latest placing was done simply to bolster the dwindling balance sheet. If this is the case it just strengthens the argument for a take out.

Petebo, take a read of the Chairman's statement in the announcement of 19 September.

'Looking ahead, EVR has two key areas of focus, the growth and development of the MelodyVR platform, and in addition the growth and development of our joint venture with the John Gore Organisation.'

Given that JGO is not only a partner but a very sizable shareholder , and that EVR have made very little headway with gigs, it is a no-brainer.

On the face of it, the virus and the problems it has caused with closed down venues, has played into EVR's hands. (with all respect to the many whose health and livelihoods have been affected.)

But in reality it hasn't. Melody might yet come up with one or two live gigs behind closed doors (though it begs the question, why didn't they cover Elton John in LA) but since last June main focus of attention has been Broadway.

The problem now is, if the world is in trouble then New York is in crisis. Mr Trump has been whistling in the dark.

It's understandable EVR should be concentrating on the musicals as there are several advantages against gigs. There are around 40 theatres in New York. and about the same in London. The venues are fixed and ongoing with most of them showing at any one time. Presumably once Melody's cameras are set up they can remain as a permanent fixture. Most importantly the musicals would seem to be a far more lucrative side of the business. During a normal year Broadway attracts nearly 15 million paying customers. JGO apparently have a database of around 5 million. This is customers on a plate for Melody, without the need for any advertising.

The potential is ginormous, but now we are going to have to wait. The virus will pass eventually, but in the meantime we will have to be even more patient than we have already been. There is always the possibility of an RNS from left field which EVR do from time to time.

He hasn't necessarily Iofas. But SH has reduced his.

J Gore Bahamas now becomes the second largest shareholder ahead of SH. If he exercises his options , which he can do anytime between now and the end of next year he will become the largest. Interesting.

Modeller, you're only on here to deramp. Suggest you read ALL the RNSs. You might have more idea what you're talking about.

Exactly LowiePete. And that is all they have sold. What is even more significant is the fact they have held on to approx. 20 per cent of the company between them.

Pascha, as an LTH myself I share with you the hopes and expectations of EVR, but if as you say, 'the company is now in a position to exercise it's plans' then why don't they? Whilst the circumstances are unhappy to say the least, they are set up for Melody.
True, Mr Trump has closed down Broadway, but it might only be a matter of asking him politely if Melody can stream JGO's musicals behind closed doors.

It's difficult to know how FB fit into this at the moment , unless they were to take Melody out in which case the partnership would be JGO and Facebook(Melody VR).
I can't see that Melody have done any marketing, certainly not by the CMO, and artists, names etc. are just becoming less relevant . Maybe that's not that surprising since EVR have said their key area of focus is the partnership with JGO.

What's to stop Netflix doing it in bite size chunks and blowing Quibi out of the water?

Elvis? It could happen. One idea Melody have had is to take old footage and doing it up in VR. There are plenty of teddy boys around who would love it. Then there's The Beatles, Rolling Stones, Abba, Queen, et al.

I guess IFOXXX, how sensible you are depends on how much profit you make.

Yeah, well. There are serious investors on the one hand And tiddly-winks players on the other.

jmsf1. The virus will pass eventually, but won't be forgotten. What seems to have been pushed into the background is the beginnings of 'carbon footprints' by artists e.g. Coldplay in Jordan back in November.
The timing is co-incidental but it all plays into the hands of Melody. Surely they must be off the leash, wanting to get on with this.

Yeah, my buy went through as a buy. They don't always. They weren't dealing much inside the spread , so it was a bit difficult to get wrong, I suppose.

C4, I've done the same as Petebo. i.e. bought on price weakness as and when I can. So have others.
As he says , it's moved between 4p and 7p over the last 8 months, mainly due to traders doing what they do and getting in the way.

Hope your bonus is a good wedge Petebo. Buy lots of shares and drive the SP through the roof.

I always thought (and suggested) NASDAQ was hot air. Granted EVR are economic with RNSs but even they would have heralded it.

The founders have held on to 20% of the company between them, Their fortune is tied up in their shares. This is heading towards a take out with whoever. There are about half a dozen credible suitors , and likely some others we haven't thought of.

And as partners AND shareholders, JGO are at the centre of it all.

I'm not sure how far this has been covered on this board, as I've only recently started posting, but trawling back through Bing, the following is on there.
Re Melody/Be More Chill.
'The content will be released in companion with the CBS Special 'At the Tonys' (awards). As the community gears up for Broadway's biggest night the Be More Chill experience will be the first step in production-driven content. '

The next Tony awards will be taking place on 7 June 2020. There's nothing ambiguous about this. Taken at face value, it should be the start of things.