FreeCast Shares Jump on Deal to Add Broadband Connectivity to Portfolio

Dow Jones

06/18

By Connor Hart

Shares of FreeCast more than doubled after the company said it entered into a reseller agreement for Starlink Business services, adding broadband access to its portfolio.

The stock jumped 160%, to $13.41, in premarket trading Thursday. Shares began publicly trading in March.

The technology company said the reseller agreement will allow it to offer enterprise-grade satellite broadband connectivity alongside its portfolio of media, television, advertising and digital-engagement solutions.

"Connectivity and content have historically been delivered separately," Chief Executive William Mobley said, noting the combined offering will create a more comprehensive portfolio.

Broadband connectivity increasingly serves as the foundation for digital-media consumption, local communications and consumer engagement, the company said.

The combined offering may also enable organizations to pursue multiple monetization strategies through a single deployment, FreeCast added.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

June 18, 2026 06:30 ET (10:30 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Shares began publicly trading in March. \n</p>\n<p>\n  The technology company said the reseller agreement will allow it to offer enterprise-grade satellite broadband connectivity alongside its portfolio of media, television, advertising and digital-engagement solutions. \n</p>\n<p>\n  \"Connectivity and content have historically been delivered separately,\" Chief Executive William Mobley said, noting the combined offering will create a more comprehensive portfolio. \n</p>\n<p>\n  Broadband connectivity increasingly serves as the foundation for digital-media consumption, local communications and consumer engagement, the company said. \n</p>\n<p>\n  The combined offering may also enable organizations to pursue multiple monetization strategies through a single deployment, FreeCast added. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 18, 2026 06:30 ET (10:30 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAST","symbol_name":"FreeCast","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2644702449","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2644702449","pubTimestamp":1781778600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of FreeCast more than doubled after the company said it entered into a reseller agreement for Starlink Business services, adding broadband access to its portfolio.The stock jumped 160%, to $13.41, in premarket trading Thursday. 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Shares began publicly trading in March. \n\n\n  The technology company said the reseller agreement will allow it to offer enterprise-grade satellite broadband connectivity alongside its portfolio of media, television, advertising and digital-engagement solutions. \n\n\n  \"Connectivity and content have historically been delivered separately,\" Chief Executive William Mobley said, noting the combined offering will create a more comprehensive portfolio. \n\n\n  Broadband connectivity increasingly serves as the foundation for digital-media consumption, local communications and consumer engagement, the company said. \n\n\n  The combined offering may also enable organizations to pursue multiple monetization strategies through a single deployment, FreeCast added. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 18, 2026 06:30 ET (10:30 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}