Corporate News     02-Feb-23
Brightcom Group forms JV with Consumable Inc.
To offer comprehensive audio advertising platform
Brightcom Group and Consumable, Inc. have formed a 51/49 joint venture named Brightcom Audio US, LLC. The partnership combines the strengths of both companies to offer a comprehensive audio advertising platform.

The joint venture aims to revolutionize the $30 billion Out-of-Home (OOH) Audio Advertising industry by introducing innovative solutions that utilize cutting-edge technology and offer unique user experiences. With the use of proprietary technology, the joint venture plans to offer solutions that differentiate themselves from those currently available in the market. The focus will be on improving the overall experience for users and disrupting the status quo in the OOH Audio Advertising industry. With the rise of digital OOH advertising, the JV aims to offer advertisers an innovative way to reach audiences through high-quality audio experiences in public spaces. The partnership with Brightcom will help the JV scale its offerings and expand its reach, providing advertisers with a new way to engage with consumers and deliver their messages effectively.

The partnership will leverage Consumable's expertise and resources to deliver innovative and engaging audio experiences to audiences across the United States. This joint venture is expected to bring significant business growth to both companies, with projected profitability within its first year of operations. The cutting-edge technology platforms and highly-engaged audience with zero-friction experience will contribute to this growth.

Previous News
  Brightcom Group consolidated net profit rises 162.66% in the June 2022 quarter
 ( Results - Announcements 14-Aug-22   16:02 )
  Brightcom Group Ltd Spikes 5.51%, S&P BSE IT Sector index Rises 2.29%
 ( Hot Pursuit - 14-Oct-22   09:30 )
  Hindustan Oil Exploration Company Ltd leads gainers in 'A' group
 ( Hot Pursuit - 14-Oct-22   12:00 )
  Brightcom Group Ltd Spurts 4.99%
 ( Hot Pursuit - 11-May-23   09:30 )
  Brightcom Group consolidated net profit rises 4.11% in the June 2021 quarter
 ( Results - Announcements 14-Aug-21   10:39 )
  Brightcom Group drops after SEBI bars chairman, CFO from board positions
 ( Hot Pursuit - 23-Aug-23   10:46 )
  Brightcom Group to discuss results
 ( Corporate News - 02-Aug-22   19:01 )
  Board of Brightcom Group approves change in directorate
 ( Corporate News - 12-Aug-24   09:20 )
  Brightcom Group appoints director
 ( Corporate News - 22-Sep-23   13:51 )
  Brightcom Group to convene board meeting
 ( Corporate News - 06-Dec-21   09:59 )
  Brightcom Group Ltd Spikes 9.98%
 ( Hot Pursuit - 09-Jun-21   09:30 )
Other Stories
  GAIL (India) signs MoU with AM Green
  04-Oct-24   19:27
  EaseMyTrip.com resumes bookings to the Maldives
  04-Oct-24   19:25
  BLS completes acquisition of Dubai-based Citizenship Invest
  04-Oct-24   19:23
  Insecticides India launches new maize herbicide 'Torry Super'
  04-Oct-24   19:21
  Landmark Cars receives LoI from Mercedes-Benz India
  04-Oct-24   19:19
  Astra Microwave Products receives affirmation in credit ratings from CRISIL
  04-Oct-24   19:16
  Supreme Petrochem receives affirmation in credit ratings
  04-Oct-24   19:10
  Astec LifeSciences director resigns
  04-Oct-24   19:08
  Board of Gravita India approves change in directorate
  04-Oct-24   19:05
  Board of Gravita India approves fund raising up to Rs 1,000 cr
  04-Oct-24   19:03
Back Top