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Mirriad Advertising ( (GB:MIRI) ) has issued an update.
Mirriad Advertising has entered into a two-year services agreement with MBC Media Solutions, a leading advertising sales house in the Middle East, to provide virtual product placement solutions for MBC’s SVOD and linear content. This partnership, which includes minimum purchase commitments, is expected to generate approximately USD 370,000 in annual revenue for Mirriad and reinforces the company’s position in the Middle East market. Additionally, Mirriad’s trading update for the first half of 2025 shows revenue of approximately £0.2m and a successful reduction in monthly run rate costs.
More about Mirriad Advertising
Mirriad Advertising is a leader in virtual product placement and in-content advertising, offering a multi-patented platform that inserts products and brands into various content types such as Television, SVOD/AVOD, Music, and Influencer content. The company operates in EMEA, the US, and India, creating new revenue opportunities for content owners and enhancing the viewing experience.
Average Trading Volume: 1,364,998,976
Technical Sentiment Signal: Strong Sell
Current Market Cap: £2.08M
See more data about MIRI stock on TipRanks’ Stock Analysis page.