The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMotive Television Plc Regulatory News (MTV)

  • There is currently no data for MTV

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

General Business Update

1 Mar 2013 07:00

RNS Number : 9610Y
Motive Television PLC
01 March 2013
 



1 March 2013

MOTIVE TELEVISION PLC

("Motive" or the "Group")

 

General Business Update

 

Motive Television PLC ("Motive" or the "Company") announces a general business update.

 

The Company has evolved from its original single product, single client business to a software platform provider that provides its customers with the ability to manage the delivery of content across any network. Major recent developments include:

 

·; Motive is currently in negotiation with Digiturk, the largest satellite broadcaster in Turkey relating to further contracts for support and maintenance and additional features which are related to the commercial launch of a service using Motive's software. We understand from Digiturk that the service, which has been soft-launched will begin rollout during 2013;

·; Motive is working with terrestrial broadcast group CME to implement its Television Anytime Anywhere platform in CME's flagship market, the Czech Republic, utilizing the new DVB-T2 transmission standard rather than the existing DVB-T standard. Once implemented the CME service from Prague is expected to be one of Europe's most advanced platforms. CME has requested a number of extensions and additions to the platform that are expected to create additional revenues for Motive in 2013 and 2014;

·; Motive has developed plans for implementing a fully functional and operational "alpha" technology for its Tablet TV joint venture with Granite Broadcasting. In 3-4 months Tablet TV is planning to exhibit viewing and recording of free-to-air television and receive data-cast movies and short form content over a live Granite television signal;

·; Motive has unveiled its Proof of Concept (POC) for its Mocast software solution, which enables 4G LTE Mobile Operators to efficiently manage guaranteed scheduled downloading of video content to their OTT video subscribers, to a number of 4G/LTE mobile operators. The POC was shown to attendees at the Mobile World Congress in Barcelona earlier this week;

·; Earlier in February 2013, Motive announced its first contract with Siyaya, a new start-up broadcaster based in Johannesburg, South Africa. This first contract provides for Motive to advise Siyaya in the technical and product planning of their new service on the basis of monthly consulting fees, and assist Siyaya in its strategy to win a broadcast licence in South Africa. The licence process has been delayed in the past but our understanding is that a decision is now expected in June 2013.

·; The Company expects to release its results for the year ended 31 December 2012 in June 2013. These results are expected to show turnover of approximately £1,000,000 for 2012.

 

Further details:

 

Motive currently has three products derived from a common base of patented software and in the Board's opinion each one represents an exciting opportunity for rapid growth.

 

A. Broadcast Television: Providing value-added capabilities to digital terrestrial satellite broadcasters and cable companies that enable their offering video-on-demand, catch-up television, virtual channels, and other features to their pay television subscribers. Motive's technology has been in use by broadcasters since December 2009 and continues to be implemented in additional markets.

 

Motive currently has four contracted clients for the Television Anytime Anywhere® technology:

a. Mediaset, Italy's largest terrestrial broadcaster

b. Digiturk, Turkey's largest satellite pay television platform

c. CME, Central Europe's largest terrestrial broadcaster

d. Siyaya, a new broadcaster seeking a licence in South Africa

 

 

B. Tablet TV: By porting Motive's existing TV Anytime Anywhere software to an app for iPad, Android, and Microsoft tablets, and integrating our software with an antenna-tuner device, Motive has been able to develop the capability for tablet users to watch and record free digital television on their tablets just as they would on a television with a PVR-similar to the UK Freeview experience in the home. In addition, enabled tablets are able to receive optional "top-up" packages of movies, classic television series, sports, factual programs, etc. This product is being implemented first in the United States in partnership with Granite Broadcasting.

 

C. Mocast: Motive provides a software solution that enables 4G/LTE Mobile Operators to efficiently manage guaranteed scheduled downloading of video content to their OTT video subscribers. This enables the mobile operators to better manage and reduce peak congestion on their networks, thereby reducing distribution investment and costs, access otherwise lost revenues and increase ARPU.

 

Mocast was initially developed in Autumn 2012 in response to a request from a major 4G/LTE mobile operator and a multi-national consumer electronics company. Motive developed a Proof-of-Concept (POC) for Mocast in response to this request that was highly regarded by both of those organisations and anticipates this will lead to a field trial and subsequent implementation. Motive is discussing Mocast with additional mobile operators at the Mobile World Congress this week.

 

 

 

 

Contacts:

Motive Television plc

Michael Pilsworth, Chairman

Leonard M. Fertig, CEO

T: +44 20 7025 8425

Merchant Securities (Nominated Adviser)

Simon Clements / Virginia Bull

T: +44 20 7628 2200

XCAP Securities (Joint Broker)

Jon Belliss 

T: +44 20 7101 7070

Newgate Communications (Financial PR)

Jason Nissé

T: +44 20 7680 6559

 

Brainerd Communicators

Chris Plunkett / Mike Smargiassi

T: +1 212 986 6667

Media PR

Gerry Buckland

T: +44 7774 860 011

 

 

Notes to Editors:

Motive Television provides software and services to the global television industry, enabling Television Anytime Anywhere. Motive's patented and proprietary technology platform responds to the heightened viewer demand for watching what they want, when they want, on whatever device they want; and is driven by the mandatory switchover from analogue to digital broadcasting as mandated by the International Telecommunication Union.

Motive Television provides broadcasters and pay television operators with enabling technology that provides opportunities to deliver highly-valued services to viewers that generate additional income and retain existing subscribers, comprising:

Television Anytime. A technology platform that enables digital broadcasters and pay television operators to offer enhanced broadcasting services with or without the need for an Internet connection. These services, include, among others, Video-on-Demand, Catch-Up TV, Virtual Channels, Sneak Preview TV, and Targeted Advertising. Television Anytime is currently in commercial operation in Europe both in digital terrestrial (DTT) and soon in satellite (DTH) environments. Patented in Spain and patent pending in the EU.

Television Anywhere. An advanced multi-screen multi-channel technology that allows a viewer to control and watch all the content received by or recorded in their main home television equipment on any computer, mobile phone, iPad or any other Internet connected device. Television Anywhere is software-based and can be updated via software upgrades on existing STB. US patent pending.

Motive's content division is:

Motive Television Limited, a Dublin-based award-winning independent production company that produces factual programmes for Irish broadcasters. It specializes in live sports production and sports documentaries and also produces factual and entertainment series.

Motive Television was founded in London in 2005 and its shares are quoted on the London Stock Exchange (AIM).

http://www.motivetelevision.co.uk/ir/mtv/ir.jsp?page=home

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCTPMRTMBITBPJ
Date   Source Headline
17th Dec 20147:00 amRNSTabletTV US launches in the United States
11th Dec 20147:00 amRNSHolding(s) in Company
9th Dec 20144:24 pmRNSCorrection: Total Voting Rights
8th Dec 20147:00 amRNSLaunch of Tablet TV UK
2nd Dec 20149:37 amRNSHolding(s) in Company
1st Dec 201410:58 amRNSTotal Voting Rights
27th Nov 201410:59 amRNSHolding(s) in Company
27th Nov 20147:00 amRNSIssue of Equity & Alteration of Bergen deed
26th Nov 20147:00 amRNSAcquisition Agreement and Issue of Equity
24th Nov 20143:55 pmRNSStmnt re Share Price Movement
19th Nov 201412:55 pmRNSSiyaya Notified of Award of Television Licence
31st Oct 20144:36 pmRNSTotal Voting Rights
23rd Oct 201411:53 amRNSIssue of Equity
23rd Oct 20147:00 amRNSFurther re: Convertible Security Funding
15th Oct 20147:00 amRNSMarketing for Tablet Television Launch in US
3rd Oct 20146:06 pmRNSHolding(s) in Company
29th Sep 20143:23 pmRNSGrant of Warrants to Directors
24th Sep 20147:00 amRNSHalf-yearly results
18th Sep 20147:00 amRNSTablet TV Update
17th Sep 20147:00 amRNSHolding(s) in Company
16th Sep 20147:00 amRNSContract wins
9th Sep 20147:00 amRNSFurther re: Convertible Security Funding
5th Sep 20147:00 amRNSMotive and Mediaset Renew Support Contract
4th Sep 20147:00 amRNSDrew Kaza to lead Tablet TV launch in the US
2nd Sep 20147:00 amRNSHolding(s) in Company
29th Aug 20142:43 pmRNSTotal Voting Rights
27th Aug 20147:00 amRNSMotive Signs Contract with Twin Peak S. A.
26th Aug 20147:00 amRNSTablet Television Research
5th Aug 20144:09 pmRNSHolding(s) in Company
1st Aug 20144:15 pmRNSIssue of Equity
23rd Jul 20142:08 pmRNSResult of AGM
21st Jul 20147:00 amRNSDirector's share purchase
18th Jul 20144:51 pmRNSDirector's share purchase
18th Jul 20143:05 pmRNSGrant of Warrants to Directors
16th Jul 20147:00 amRNSAgreement with icube Corporation
19th Jun 20147:00 amRNSFinal results for the year ended 31 December 2013
30th May 20144:30 pmRNSTotal Voting Rights
30th May 20147:00 amRNSReport on Progress of Tablet TV Freeview UK
14th May 20147:00 amRNSProgress on Patent Applications
13th May 20147:00 amRNSMotive secures up to £2.98m investment
12th May 20147:00 amRNSLeading US TV Executive Joins Motive
1st May 20147:00 amRNSSiyaya Awarded Pay Television Licence
17th Apr 20147:23 amRNSSkyworth Contract Signed
10th Apr 20147:00 amRNSUpdate on Tablet TV UK
7th Apr 20142:00 pmRNSTablet Television Moves Toward Commercial Launch
27th Mar 20147:00 amRNSUpdate on Siyaya Project in South Africa
20th Mar 20147:00 amRNSChange in Chairman's role
17th Mar 20147:00 amRNSStatement re. Press Comment
28th Feb 20147:01 amRNSTotal Voting Rights
19th Feb 20147:00 amRNSIssue of Equity

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.