Last checked at 1 Aug 2014 13:50
1 August 2014
Rightster Group plc("Rightster" or the "Group" or the "Company")
Completion of Base79 Limited Acquisition
Rightster Group plc (AIM: RSTR), the cloud-based global video distribution and monetisation network that enables content owners to upload content once and commercialise everywhere, is pleased to announce that is has completed the acquisition of Base79 Limited ("Base79") today.
For further information, please contact:
Rightster Group plc | via Newgate Threadneedle |
Lorna Smith, Investor Relations | |
Cenkos Securities plc | Tel: 020 7397 8900 |
Max Hartley (Nomad) / Julian Morse (Sales) | |
Newgate Threadneedle | Tel: 0207 653 9850 |
Josh Royston/ Heather Armstrong |
About Rightster
Founded in May 2011 by CEO Charles Muirhead, with the vision of enabling media businesses to overcome the huge fragmentation in the online video market with a single technology platform for engaging audiences and transacting with optimal efficiency. Rightster's software and services make it simple for sports, fashion, news, entertainment and viral rights holders to enhance the value of their video whether on a licenced, ad-funded, direct to consumer or paid placement basis.
Following the acquisition, Rightster's network now stands at over 1,950 content owners and over 7,500 publishers. The Group now employs approximately 256 staff in 10 offices across 10 countries.