Rightster Group expects rise in full-year revenue

4th Feb 2014 14:47

Video distribution company Rightser Group said full-year revenues rose following a strong second half.The company expects to report revenue of £1.97m in the year through December 31st 2013, up from £0.23m the prior year.The second half of 2013 delivered growth in video views with average monthly views in the six months to December increasing 55% to 249.5m per month from 160.7m per month in the first half.During the period the company took on Agence France-Presse (AFP) as one of its clients. Rightster will be distributing AFP's content in over seven languages. This year kicked off with an acceleration of growth in video views. "This trend along with expected increases in ad funded revenues gives the board confidence for the forthcoming year," the firm said.RD