Brave Bison Group PLC AGM Statement (6827C)
June 19 2019 - 1:00AM
UK Regulatory
TIDMBBSN
RNS Number : 6827C
Brave Bison Group PLC
19 June 2019
Brave Bison Group plc ("Brave Bison" or "the Group")
AGM Statement
Brave Bison (AIM: BBSN), the social video company, will hold its
Annual General Meeting ('AGM') today. At the AGM Kate Burns, Chief
Executive Officer, will make the following statement, highlighting
the progress made so far in 2019 and the objectives for Brave Bison
in the upcoming 6 months.
"It's been almost 12 months since I joined Brave Bison and three
months since I was appointed as CEO. During this time, I have been
assessing who and what Brave Bison is, the key assets held by Brave
Bison and the challenges and opportunities we face.
My aim is to make positive changes which will strengthen our
business - then focus and grow. Building a business which is backed
by data will be critical to driving the future of Brave Bison. This
will ensure that we create and license content of the best quality
which can be viewed by millions of people across all platforms. On
the back of my evaluation, I have set the following objectives for
the rest of 2019, and I look forward to providing updates in
respect to the progress being made against each of these:
-- For original and exclusive content to be a majority across our key channels;
-- To diversify revenue streams to ensure Brave Bison is not too dependent on one platform; and
-- To increase the territorial reach of the APAC team.
Trading highlights so far in 2019 include growth in Youtube,
Snapchat and the APAC region. YouTube views are up year on year for
the first time in a number of years driven by a combination of our
largest existing clients such as PGA Tour, Tennis Australia and Lev
Group Media and new clients such as European Tour and World Chase
Tag. We continue to experiment with Snapchat - VTRND had 16.1m
unique viewers and 305m topsnap views in only two months since
launch.
We are rebranding our four biggest Facebook pages; Super Crafty,
VTRND, Blunt Kommunity and Daily Viral Stories in order to give the
pages their own identities. We will concentrate on delivering
content which exudes originality and exclusivity to resonate with
the needs of their followers. The carefully selected imagery and
colouring will allow the pages to stand out in a crowded and
competitive space. As a business, we are adapting to the changing
Facebook requirements and landscape to ensure the pages continue to
grow and prosper. These are our biggest pages in terms of
followers, so deserve our effort and attention. As part of our
strategy to deliver sustainable and solid revenue streams we will
be publishing more content on alternative platforms to Facebook
such as Instagram, Snapchat and Youtube.
In APAC, we've won new business from SK-II, LEGO, Jaguar
Landrover and British American Tobacco. We are continuing to
investigate new territories in the APAC region and expand our
revenue streams. Key territories we are targeting include Japan,
which is hosting the Olympics in 2020. The APAC team continues to
grow with a number of key hires and new roles created.
I am excited to deliver our plan to diversify Brave Bison's
revenue streams both in terms of the social platforms we work with
and the geographies we operate in. I would like to thank the Brave
Bison team, shareholders and customers for their support and look
forward to providing updates on the progress we are making towards
achieving our objectives in the coming months.
-Ends-
For further information please contact:
Brave Bison Group plc
Catherine Woodward, Investor Relations Email: investors@bravebison.io
Allenby Capital Limited - AIM Nominated
Adviser and Broker
Jeremy Porter / Asha Chotai Tel: 020 3328 5656
Newgate Communications Email: bravebison@newgatecomms.com
Elisabeth Cowell / Fiona Norman Tel: 020 3757 6880
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
AGMCKFDKDBKBFAD
(END) Dow Jones Newswires
June 19, 2019 02:00 ET (06:00 GMT)
Brave Bison (LSE:BBSN)
Historical Stock Chart
From Apr 2024 to May 2024
Brave Bison (LSE:BBSN)
Historical Stock Chart
From May 2023 to May 2024