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BRIEF-Newzulu signs third major Australian media company

Published 03/08/2015, 09:54 am
Updated 03/08/2015, 09:56 am
© Reuters.  BRIEF-Newzulu signs third major Australian media company
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Aug 3 (Reuters) - Newzulu Ltd NWZ.AX :

* Newzulu signs third major Australian media company NWZ.AX

* Agreement is subject to further negotiation and agreement on specific commercial terms

* Agreement will enable broadcaster to deploy customised crowd-sourced news platform which their viewers will be encouraged to engage in

* Agreement extends up to two (2) years, subject to an initial twelve (12) week trial period

* Agreement includes initial licensing of Newzulu live reporter kits for three hundred (300) reporters

* Client will initially provide up to three hundred (300) of its staff reporters with the Newzulu live reporter kits apps on their Mobile devices

* Says "agreeement expected to be accretive and commencing in 12 weeks"

* Source text for Eikon ID:nASX9G33C5

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