Brief: Micromobility.Com Inc Exits Streaming Business To Focus On Core Competencies
29/06/2023 13:17
June 29 (Reuters) - micromobility.com Inc MCOM.O :
* MICROMOBILITY.COM INC - EXITS STREAMING BUSINESS TO FOCUS
ON
CORE COMPETENCIES
* MICROMOBILITY.COM - TERMINATED STREAMING CONTRACTS AND
WILL
DISCONTINUE STREAMING 3RD SEASON 2023-2024 OF LEAGUE SERIE B IN
ITALY AND INTERNATIONALLY
* MICROMOBILITY.COM - STRATEGIC DECISION IS EXPECTED TO
YIELD
SUBSTANTIAL COST SAVINGS OF OVER EUR 14 MILLION, BOLSTERING
FINANCIAL OUTLOOK
Source text for Eikon: ID:nBw39M3fla
Further company coverage: MCOM.O
((Reuters.Briefs@thomsonreuters.com;))
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