1 Comment

Summary:

Live Current Media, the OTCBB-traded domainer and acquirer of Auctomatic , has reported Q2 revenue of $1.93 million, up 27 percent year over…

imageLive Current Media, the OTCBB-traded domainer and acquirer of Auctomatic , has reported Q2 revenue of $1.93 million, up 27 percent year over year. Almost all of the company’s revenue comes from Perfume.com, the domain-driven e-commerce site. Net losses grew to over $2 million, from about $200,000, due to a major spike in management fees and employee salaries — basically, the company is trying to scale into a business and investing now. The Canadian company recently did a deal in India for the popular sport of Cricket: it bagged the portal rights of the Indian Premier League for 10 years for $50 million

Release

You’re subscribed! If you like, you can update your settings

  1. Not sure how the deal with IPL will help them unless they do something which can involve Indian crowd.

Comments have been disabled for this post