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EVR Holdings PLC (EVRH)

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Thursday 04 July, 2019

EVR Holdings PLC

MelodyVR licenses content to Facebook

RNS Number : 4966E
EVR Holdings PLC
04 July 2019
 

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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