Brief: capAI Enters Non-Binding Heads Of Terms With R42 For Movie42
Aug 5 (Reuters) - capAI PLC CPAI.L: CAPAI PLC - ENTERS NON-BINDING HEADS OF TERMS WITH R42 FOR MOVIE42 CAPAI PLC - GRANTED EXCLUSIVE WORLDWIDE LICENCE FOR A 12-MONTH PERIOD TO OPERATE MOVIE42 PLATFORM CAPAI PLC - CAPAI SHALL RETAIN FULL COMMERCIAL AND OPERATIONAL CONTROL AND SHALL BE ENTITLED TO 100% OF REVENUE GENERATED UNDER LICENCE Source text: ID:nRSE0154Ua Further company coverage: CPAI.L ((( Reuters.Briefs@thomsonreuters.com );))