19 Dec 2012 07:00
Granite Broadcasting Increases Support for Tablet TV
London 19 December 2012: Motive Television PLC (AIM: MTV.LN), the London-based television software and services company, announced today that Granite Broadcasting Corporation ("Granite") has provided additional investment into Tablet Television LLC, a joint venture with Motive as the project moves toward market testing and launch in 2013. Motive and Granite are 50/50 partners in Tablet Television LLC ("Tablet TV") which is based in New York City.
The investment by Granite will provide additional development and working capital for Tablet TV which is expected to launch its beta test and services in Granite markets in early 2013 and then roll out across the United States after the successful completion of the prototype development phase.
In the coming months, Motive anticipates commercialising the Tablet TV product for the ATSC standard in the United States and launching it in a first Granite Television market early in 2013, making it possible for users of iPads, Android tablets, and other portable devices to watch and record television programs directly from broadcast TV in any location. Tablet TV plans to roll out to all major markets and cities in the US, shortly thereafter.
Tablet TV is a joint venture of Motive Television and Granite Broadcasting Corporation that was formed in May 2012 to make it possible to broadcast live television to the rapidly growing population of tablets in the United States. Recently it completed the development of a prototype demonstration that has been exhibited at Granite HQ in New York City.
Peter Markham, Chairman of Granite Broadcasting Corporation, said
"Tablet Television is a potentially enormous opportunity for broadcasters, content owners, and pay television businesses as it opens up a significant new opportunity for the existing digital broadcast distribution system. We are fully committed to support this initiative and confident it will have a very valuable place in the US television industry in the future. Tablet TV has demonstrated that it works well in multiple configurations and we look forward to launching in a Granite market."
Leonard M Fertig, CEO of Motive, added,
"We believe there is nothing anywhere in the world like Tablet TV in terms of the simplicity of the consumer offer, value for the viewer, quality of the picture, and efficiency for the broadcaster. We believe that once our devices are introduced in the first Granite market in 2013 the service should "go viral'. Unlike other alternatives, Tablet TV provides a simple solution, like Freeview in the UK, where a viewer will be able to receive all locally-available digital broadcast TV stations in high definition, record what he wants for later viewing, and optionally subscribe for video-on-demand movie, sports, and entertainment packages. And it will work everywhere in the United States on any tablet with our app. Granite's partnership in terms of industry endorsement, hosting our first markets, and providing financial resources is a valuable asset."
Enquiries:
Motive Television plc Michael Pilsworth, Chairman Leonard M Fertig, CEO
Motive Television Inc. David Woodman, MD The Americas
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Merchant Securities (Nominated Adviser) Simon Clements / Virginia Bull
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XCAP Securities (Joint Broker) Jon Belliss
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Media PR Europe Gerry Buckland
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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