LONDON (Alliance News) - Motive Television PLC, a television software and services company, said Monday that it had renewed its contract with Mediaset for another year following the success and growth of Mediaset Premium Play in Italy. Under the contract Motive Television's software powers Mediaset's on-demand broadcast service.
The company said this agreement is renewable annually going forward.
Shares in Motive Television were trading up 3.7% at 0.0223 pence Monday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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