Completion of Base79 Limited Acquisition

RNS Number : 0537O

Rightster Group PLC

01 August 2014

 



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: [phone]
Max Hartley (Nomad) / Julian Morse (Sales)
Newgate Threadneedle	Tel: [phone]
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. 

 

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