Core Insights - Bango PLC has formed a strategic partnership with KT, a leading telecommunications provider in South Korea, to deliver subscription services to KT's 13.5 million customers, marking Bango's first major DVM agreement in Korea [1][2] - The partnership aims to integrate a variety of third-party services, including AI and language subscriptions, into KT's subscription hub, addressing the growing consumer demand for advanced digital experiences [2][3] - KT is at the forefront of AI solution development in South Korea and is expanding its offerings to include innovative AI services that enhance productivity and creativity through Bango's Digital Vending Machine (DVM) [3][4] Company and Industry Developments - The Bango DVM simplifies subscription bundling, transforming a complex operational challenge into a scalable business model, allowing KT to quickly deploy new offers and gain insights for personalized service [4][5] - KT's collaboration with Bango is seen as a pivotal moment for its subscription platform, enabling it to evolve into a global subscription service hub and meet the changing needs of users [5] - Bango's technology is trusted by major content providers like Amazon, Google, and Microsoft, positioning it as a key player in the rapidly growing subscription economy [6]

New data shows nearly half of subscription brands now see digital advertising as a "black hole," and look to shift spend elsewhere CAMBRIDGE, United Kingdom, June 10, 2025 (GLOBE NEWSWIRE) -- Subscription brands are pulling away from digital advertising. According to a new industry-wide study from Bango (AIM: BGO), 48% of subscription leaders report diminishing returns from traditional direct acquisition methods like paid search and paid social media. A further 53% warn that direct marketing is becoming "un ...

CAMBRIDGE, United Kingdom, June 06, 2025 (GLOBE NEWSWIRE) -- Bango (AIM: BGO), today announces its full year results for the 12 months ended 31 December 2024 and provides an update on current trading and outlook for 2025. FY24 Financial Overview: Results for the 12 months ended 31 December 2024 FY24FY23YoY Change Transactional Revenue1$36.2M$32.7M+11%DVM & One Off Revenue2$17.2M$13.4M+28% Total Revenue$53.4M$46.1M<td colspan="2" style="padding-right: 0 ; text-align: left ; vertical-align: middle; vert ...

Eligible customers can now access a new bundled streaming offer for six months on Optimum, the first of many the company plans to provide through the DVM™ CAMBRIDGE, United Kingdom, May 20, 2025 (GLOBE NEWSWIRE) -- Bango (AIM: BGO), the leader in subscription bundling, today announces a new licensing agreement with Optimum, a leading U.S. telecommunications provider, operated by Altice USA. Through this collaboration, Optimum customers can access compelling subscription bundles, powered by the Digital Vendi ...