NEULION, INC. T.NLN

news out

[Jaytrading]

PLAINVIEW, NY --(Marketwired - August 05, 2015) - NeuLion, Inc. (TSX: NLN), a leading technology product and service provider specializing in the broadcasting, distribution and monetization of live and on-demand digital video content to Internet-enabled devices, addresses the NHL announcement. The National Hockey League (NHL) yesterday announced the sale of its digital media rights to Major League Baseball Advanced Media (MLBAM). With that transaction, MLBAM will be responsible for the delivery of the NHL's digital content. NeuLion is committed to work with the NHL and MLBAM during the transition period to ensure that NHL fans will continue to have access to the best hockey in the world. We believe that an explanation of this transition and its effect will assist the market in evaluating NeuLion's prospects going forward. NeuLion and the NHL are currently negotiating the terms of a transition agreement, to follow our existing agreement, which is set to expire on September 30, 2015. While we cannot predict the final outcome of those negotiations, we do not anticipate any material effect on 2015 revenues. As NeuLion has been diversifying its customer base, it has become less reliant on its revenue from the NHL. In 2013 and 2014, the NHL represented 20% and 18% of NeuLion's revenues, respectively. For the six months ended June 30, 2015, the NHL represented 12% of revenues. Further, our overall growth has significantly outpaced the growth in our NHL business. NeuLion's revenue growth in 2014 was 18%, while revenue from the NHL grew only 3%. For the six months ended June 30, 2015, NeuLion's revenue growth was 69%, while revenue from the NHL grew only 4%. We believe our prospects remain strong, and that the sale of the NHL's digital media rights are a demonstration of the value that the NeuLion Digital Platform helps create for its customers. About NeuLion NeuLion, Inc. (TSX: NLN) offers solutions that power the highest quality digital experiences for live and on-demand content up to 4K on any device. Through its end-to-end technology platform, NeuLion enables digital content management, distribution and monetization for content owners worldwide. With the recent acquisition of DivX, LLC, the company also operates a robust consumer electronics licensing business that has enabled over 1 billion devices worldwide with secure, high-quality video playback, and delivers a DivX consumer software offering that has been downloaded over 1 billion times. NeuLion's customers include major sports, entertainment and global content companies as well as major consumer electronics manufacturers and software companies. NeuLion is headquartered in Plainview, NY. For more information about NeuLion, visit www.NeuLion.com.

[voile]

NHL only 12% of revenues this year. Stock has been way oversold...

[retiredcf]

Finally. Better late than never and it sums things up nicely. Very pleased that they used the time to get this out before we re-open. Now cooler heads should prevail as we head back upwards. GLTA

[lscfa]

The boneheads did not clarify if NLN will still power Rogers NHL in Canada. Canada was excluded from NHL-MLB rights deal.