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FreeCast Inc. (NASDAQ:CAST) shares are trending on Thursday night.
CAST shares jumped 87.50% to $3.15 after hours Thursday after the company signed a national distribution agreement with bulk streaming solution provider DIRECTV Multifamily.
A New Revenue Lane
Under the deal, FreeCast becomes a licensed distributor of DIRECTV streaming services covering apartments, condominiums, HOAs, student housing, and senior living communities. The agreement gives DIRECTV expanded reach through an established distribution partner while diversifying FreeCast’s revenue base.
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