QMM develops Midas touch
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WA-BASED Q Multimedium has signed a contract with UK-based Midas Interactive Entertainment BV to develop a range of Q Sport mini CD-ROMs for the international market.
Under the terms of the exclusive contract, QMM will develop and produce master mini CD-ROM player profiles of fifty English FA national soccer team players and twenty-five UK Super League Rugby team players.
QMM online services director Raphe Patmore said, in the international market, Midas Interactive Entertainment would be responsible for the distribution and marketing of the mini CD-ROMs.
“The contract provides for advance payments and royalties from Midas to QMM, plus QMM will receive revenues from advertising and sponsorship endorsement derived from the mini CD-ROMs,” Mr Patmore said.
“The potential revenue from the package is substantial and there will be early cash flow as the first delivery of the product from QMM to Midas commences on 30 March,” he said.