Newzulu Limited
(ASX:NWZ) has announced it has entered into a strategic partnership and content syndication agreement with Agencia EFE, a Spanish international news agency.
EFE is the fourth largest news and multimedia wire service after Associated Press, Reuters and Agence France-Presse.
Newzulu’s crowd-sourced news images, video and archive will be featured in EFE’s collection for sale to publishers, broadcasters and brands.
The company expects the agreement to deliver an increase in revenues for Newzulu, but the specific commercial terms of the agreement will remain confidential.
NewZulu reported a net loss of $28.31 million at 30 June 2015.
