Sony Pictures Extends Ghostbusters Lottery Rights with Brightstar for Five Years
BRSL is trading near its 52-week low of $10.416 (4.8% above the low).
Summary
Brightstar Lottery secured a five-year extension for exclusive global omnichannel lottery licensing rights to the Ghostbusters franchise from Sony Pictures. This follows a series of other contract extensions for the company in recent months, including with Lottotech and the Oregon Lottery. The Ghostbusters franchise has been a proven revenue driver for Brightstar since 2015, having launched over 25 games globally. This extension secures a valuable and popular content asset for the company for another five years, reinforcing its global lottery offerings.
At the time of this announcement, BRSL was trading at $10.92 on NYSE in the Trade & Services sector, with a market capitalization of approximately $2B. The 52-week trading range was $10.42 to $18.57. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.