EVR Holdings plc
("EVR" or the "Company")
MelodyVR licenses content to Facebook Technologies LLC
EVR Holdings plc (AIM:EVRH), the leading creator of virtual reality entertainment content and operator of the MelodyVR platform, is pleased to announce that it has entered into a content licensing agreement with Facebook Technologies, LLC ("Facebook").
The agreement will see MelodyVR's content utilised by Facebook/Oculus for advertising purposes and licenses its exploitation across YouTube, Facebook, Instagram, and via the Oculus Website, for a period of 9 months. As part of the agreement, MelodyVR will receive a license fee which it will in-part, share with the rightsholders whom represent the artists featured within the content.
Facebook will also provide MelodyVR with a number of marketing commitments including; featured placements on the Oculus platform and in email marketing as well as inclusion in PR communications and activities in relation to the advertisements, details of which will be mutually agreed between Melody and Oculus at a later date.
For further information please contact: | |
EVR Holdings plc | |
Anthony Matchett, Executive Chairman & CEO | Tel: +44 (0) 20 7097 5737 |
Andy Brown, Chief Financial Officer | www.evrholdings.com |
Investec Bank plc: Nominated Adviser, Financial Adviser | Tel: +44 (0)20 7597 5970 |
and Corporate Broker | |
Corporate Finance: David Anderson / Junya Iwamoto | |
Corporate Broking: Sara Hale |
Notes to Editors:
MelodyVR is a wholly owned subsidiary of EVR Holdings plc ('EVR'), a company that is listed on the AIM market of the London Stock Exchange under the ticker EVRH.L.
For more information on Melody VR, please visit: www.melodyvr.com
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EVR Holdings plc published this content on 04 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 July 2019 11:57:15 UTC