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NEULION, INC. T.NLN

"NeuLion Inc is a technology product and service provider that offers digital video broadcasting, distribution and monetization of live and on-demand content to Internet-enabled devices."


TSX:NLN - Post by User

Comment by Cowtownskieron Feb 16, 2016 1:58pm
140 Views
Post# 24562637

RE:RE:NHL

RE:RE:NHLThey are likely allowed to still have the NHL logo with their transition agreement.
On December 30, 2015, NeuLion, Inc. (the “Company”) entered into an amendment to its agreement with NHL Interactive CyberEnterprises, LLC (“NHL”) to provide transition services and support for the NHL’s digital properties, including NHL GameCenter LIVE™, for the 2015-16 NHL season. The value for the 2015-16 NHL season under the amendment is in excess of $11 million. The amendment also provides that the Company will render consulting services to the NHL regarding digital media and technology issues for five years beginning on October 1, 2015. The value of the consulting services for the five years under the amendment is $4 million. The effective date of the amendment is as of October 20, 2015. A copy of the amendment is filed as Exhibit 10.1 to this Form 8-K and is incorporated by reference herein.
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