News and Announcements
BIG Signs International Sales Distribution Licence in US
- Published December 02, 2015 1:59PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
2nd December 2015, ASX Announcement
Highlights:
- Big Unlimited signs first international sales distribution license with leading US International Insights Organisation, DNA Behaviour International Resources (DNA)
- Exclusive agreement with DNA provides Big Review TV with access to a wide distribution network of SMEs within the U.S
- Agreement to accelerate membership growth within the U.S, following earlier establishment of initial beachhead operations in New York and San Francisco
- DNA to pay BRTV AU$500,000 for the licence fee and a revenue share agreement based on successful sales and revenue KPIs
- Sales distribution licensing model proven to be successful in Australia; revenues grew 50% last quarter
- Licensing partnerships expected to become a significant revenue stream in 2016 as the Company progresses a strong pipeline of further licensing opportunities internationally
Big Un Limited (ASX:BIG, ‘BRTV’ or ‘the Company’) is pleased to announce it has signed its first sales distribution lisence with a leading US firm, DNA Behaviour International Resources (DNA).
To read the full announcement, please click here.
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