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Blue Star's Oak inks licence agreement with RHF

By BFN News | 08:43 AM | Thursday 24 April, 2014


Blue Star's Oak Media has signed a licence agreement with RHF Productions Ltd for the marketing and promotion of Oak's white label casino products across RHF's UK TV channel inventory. The service will be launched in the second quarter across RHF's 10 subscription TV channels on the Sky, Virgin & Freeview platforms. It will also enable Oak to actively market casino services to an existing 250,000 subscriber database. Blue Star says that further to its announcement on 24 December and following the signing of this agreement, its shareholding in Oak has been reduced from 75% to 65%. Oak's management can increase their shareholding to a maximum of 50% conditional upon Oak becoming profitable. At 8:43am: (LON:BLU) Blue Star Capital PLC share price was +0.05p at 0.65p Story provided by StockMarketWire.com

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