Proactive Investors - Run By Investors For Investors

EVR Holdings shares surge as it confirms live-streamed Liam Payne show

The event, featuring Liam Payne, of One Direction fame, will be broadcast live in virtual reality from a secret London location
liam payne
Payne is reportedly worth almost £50mln

Virtual reality content creator EVR Holdings PLC (LON:EVRH) on Friday said its first live-streamed event on MelodyVR would take place on 19 December, 2018, sending its shares rocketing.

The event, featuring Liam Payne, of One Direction fame, will be broadcast live in virtual reality from a secret London location, exclusively via the MelodyVR platform, the company said in a statement on Friday.

READ: EVR Holdings partners up with Ibiza Rocks hotel and entertainment group

The event will use the MelodyVR's proprietary technology to deliver a simultaneous, real-time VR broadcast of the performance, to all territories across-the-globe where the MelodyVR platform is currently available, EVR said.

"This is a hugely exciting moment for MelodyVR. We truly believe that virtual reality has the power to connect artists with fans like never before,” EVR’s executive chairman said in a statement.

“It is a pleasure to work with Liam and we're thrilled to be broadcasting his headline performance in London, exclusively to fans around the world in virtual reality. It's a pleasure to invite fans both in London and across the globe to experience this amazing event, with a whole lot more to come,” he added.

EVR also announced the appointment of Andy Brown as chief financial officer of the company.

Sebastian Theron, who has served as chief financial officer of EVR since May 2016, will remain with the company during a transitionary period and will step-down on 15 January, 2019, EVR said.

Shares in EVR were 40% up at 6p in early afternoon trade.

View full EVRH profile View Profile

EVR Holdings Timeline

Related Articles

Bloomsbury Publishing
March 19 2019
Peel Hunt expects “superior returns" from the firm’s investment in digital capacity
Students in a class
August 27 2018
The company is gaining traction in Asia where people are looking to take language courses to work or study internationally
March 04 2019
At the Completion Contract business there have been lower volumes and the average budget per film has reduced

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use