EDL.L Regulatory News (EDL)

10 Mar 2005 07:00

TV Commerce Holdings PLC10 March 2005 TV Commerce secures contract with Stream Group TV Commerce Holdings Plc (TVC) is pleased to announce a new Agreement withStream Group Plc (SEA) whereby Stream will, with immediate effect, providePremium Rate Telephony services to Your Destiny TV on SKY 694, the UK's firstLIVE Psychic TV channel . Excess calls which are derived from the channel willbe answered by Stream's Psychic Circle Readers, and revenues generated will bedivided between Stream and TV Commerce. As well as Premium Rate Telephone readings, Stream will also be able to offer "Your Destiny" viewers psychic readings paid for via credit cards which were notpreviously offered. Other benefits include the ability to provide to callers anaudio CD of the caller's reading and a PIN system which allows repeat callers togo directly to their preferred reader. Commenting on the deal, TV Commerce CEO Vince Stanzione said: "We are delightedto partner with Stream, who are the market leaders in providing live servicesand are well equipped to handle the increasingly high call volumes we areexperiencing." Mike Spencer, CEO at Stream said: "Stream is pleased to add Your Destiny TV toits client list and we look forward to working with a broadcast client alongsideour print media partners.' For more information please contact Vince StanzioneCEOTV Commerce LimitedBroadcast Media CentrePlane Tree CrescentFELTHAM, Middlesex, TW13 7HF Tel: 020 8484 0815 Stream Group plc:Michael Spencer, Managing Director, Tel: 020 7725 0300 This information is provided by RNS The company news service from the London Stock Exchange