Contract win RNS Number : 3996AMedia Corporation PLC
20 March 2013
20 March 2013
Media Corporation Plc
(Media Corp or the Company)
Contract win
Media Corp to provide betting platform for Channel of Champions BoxNation
The Board of Media Corp, the AIM quoted online gaming group, is delighted to announce that it has entered into an exclusive Agreement (Agreement) with Boxing Channel Media Limited to supply betting services to its TV channel, BoxNation. This is the Companys first white label contract win - enabling Media Corp to capitalise on its Intabet software platform on a revenue sharing basis.
The Agreement will be for a minimum initial period of three years subject to an initial feasibility assessment period of three months commencing now. Under the terms of the Agreement Media Corp is to provide, inter alia, the platform for an internet sportsbook and casino to be integrated with the BoxNation website (www.boxnation.com) which will offer a full range of sports betting and casino games, but with a particular emphasis on boxing. The service provided by Media Corp will allow boxing fans to place bets via the proposed BoxNation betting platform.
Phil Jackson, Chairman of Media Corp plc said:
This represents the first application of our white label service. We are delighted to win the contract to deliver betting and, over time, casino products to the only dedicated boxing channel in the world.
BoxNation has a large and growing subscriber base and we believe boxing and betting go hand in hand and we are looking forward to developing a profitable and long term relationship with BoxNation as they grow into a leading sports channel around the world.
Richard Brooke, Chairman of BoxNation said:
This is a major step forward for BoxNation as Media Corp have a strong casino and sportsbook platform and we are pleased to be part of this enterprise. We believe this is something our customers will enjoy and it can grow to be a significant part of our offering.
For more information on BoxNation please see below and for the Company visit www.mediacorpplc..com
--END--
Media Corporation Plc
Phil Jackson - Chairman
Tel: 44 207 618 9000
Northland Capital Partners Limited
Luke Cairns / Lauren Kettle (Nominated Adviser)
Tel: 44 207 796 8800
XCAP Securities
Jon Belliss (Joint Broker)
Tel: 44 207 101 7070
Bishopsgate Communications
Tel: 44 207 562 3350
Nick Rome
BoxNation
Claire Grew (PR Executive, Bird PR) Tel: 44 161 839 4846
About BoxNation:
BoxNation, the Channel of Champions and proud partner of Rainham Steel, is the UKs first dedicated subscription boxing channel. For £10 a month and no minimum term customers can enjoy great value live and exclusive fights, classic match footage, magazine shows and interviews with current and former fighters. Previous highlights have included Klitschko v Chisora; Mayweather v Cotto; Haye v Chisora and Freddie Flintoffs live boxing debut.
The channel is available on Sky (ch 437), Virgin (ch 546), online at Livesport.tv and via iPhone or iPad.
For more information visit www.boxnation.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTEAFDNFSLDEAF
RNS Number : 3996A Media Corporation PLC 20 March 2013 20 March 2013 Media Corporation Plc(Media Corp or the Company) Contract win Media Corp to provide betting platform for Channel of Champions BoxNationThe Board of Media Corp, the AIM quo...
