Prince Albert Foundation10 Sep 2018 08:56
Here is part of a previous RNS for our China deal
Pursuant to the agreement, BLC has entered into a sub-licencing agreement the with Decheng Holding Industrial Co., Ltd (company no: 911101083181089867) ("Decheng") for the organisation and staging of the tour shows across the 20 venues until September 2021. Â In addition, Decheng has an option to extend the sub-licencing agreement for a further 3 years on the same terms, to take the show to an additional 20 cities. The total value to BLI of the initial 3-year contract is US$3.1 million, comprising both content and show licence fees.
It shows an option for a 3 year extension. The initial deal is worth US$3.1M.
Now we have partnered with the Prince Albert Foundation I think it's fair to say that option would be taken up?