Viggle President: User Base Climbing, Cord-Cutting Not a Problem
Viggle shares have rallied in the past month because of user growth and rising investor confidence, said Greg Consiglio, President and COO of Viggle.
Viggle shares have rallied in the past month because the company has been attracting users and investors that have gained confidence in its strategy, said Greg Consiglio, President and COO of Viggle. Consiglio added that Viggle's recent deal with HGTV will reward loyal viewers and people are still watching TV despite a wave of reports that people are ‘cutting the cord’. He said the company will increase its marketing efforts in 2015 and is looking to be cash flow break even by year end. Finally, Consiglio said media mogul Robert Sillerman is actively involved with the company’s push to extend its reach.
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