AudioValley: heavy drop in prices

Evolution. The evolution of Audiovalley’s prices is very disappointing with a fall of half since the beginning of the year… This tumble reflects the net loss of 6.4 ME recorded last year even if it is largely linked to non-recurring items. It is also possible that outflows from funds dedicated to small caps are in question. Forced to free up cash, specialized managers are taking out small files whose model is not yet sufficiently established. AudioValley operates in two areas with the advertising monetization of digital radios and the management of artists’ rights. In this last area, the offer competes with that of Sacem to help musicians make a living from their profession…