LUXEMBOURG — LiveJasmin parent company Byborg Enterprises SA has signed a joint venture agreement with Cherry.tv.
Cherry.tv’s founders will remain at the forefront of the brand, continue to manage operations and “remain fully committed to achieving their goals, growth and excellence while still retaining their independence,” a rep explained.
This new strategic partnership, the rep noted, “will further strengthen Cherry.tv and scale its services to a new level by benefiting from the technological knowledge and expertise of Byborg Enterprises SA and LiveJasmin in many areas.”
The rep added that the agreement “will pave the way for both companies to build the best freemium cam site on the market by combining it with gaming and social elements.”
Cherry.tv’s VP of Business Development Paul Ashworth said, “We’re incredibly excited to be partnering with Byborg Enterprises SA and LiveJasmin to supercharge Cherry.tv’s growth. LiveJasmin is one of the most respected adult cam site platforms on the market with over two decades in the business. With the help of LiveJasmin’s resources and industry knowledge, we’re confident we will be able to better accomplish our mission of providing the best experience possible to our users and models alike.”
Byborg Enterprises SA’s director, Karoly Papp, added, “With this joint venture, we aim to create powerful synergies between our companies' cultures and knowledge. We're confident that this collaboration will open up new international opportunities for us both.”
Cherry.tv is a Platinum sponsor of this year's XBIZ Miami conference, set for May 15-18. During the event, the company will unveil its latest major platform upgrades.
For more updates on Cherry.tv, follow the platform on Twitter.
Interested affiliates can promote Cherry.tv through CherryCash, and interested models can join via CherryModels.tv.