The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen 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

Granite Increases Support for Tablet TV

19 Dec 2012 07:00

RNS Number : 7312T
Motive Television PLC
19 December 2012
 

 

 

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

 

T: +44 20 7025 8425

 

 

 

T: +1 617 733 7191

 

 

Merchant Securities (Nominated Adviser)

Simon Clements / Virginia Bull

 

 

T: +44 20 7628 2200

XCAP Securities (Joint Broker)

Jon Belliss

 

T: +44 20 7101 7070

Media PR Europe

Gerry Buckland

 

Brainerd Communicators

Chris Plunkett / Mike Smargiassi

 

T: +44 7774 860011

 

 

 

T: +1 212 986 6667

 

 

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 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRABLBDDRDBBGDR
Date   Source Headline
17th Aug 20107:00 amRNSPilot agreement with Antenna Hungaria
4th Aug 201012:03 pmRNSResult of AGM
2nd Aug 20107:00 amRNSLaunch of TV Nova pilot
12th Jul 20107:00 amRNSAdviser - change of name
30th Jun 20107:00 amRNSFinal Results
29th Jun 20104:02 pmRNSDisposal
21st Apr 20105:34 pmRNSStatement re Press Speculation
26th Feb 20107:00 amRNSTotal Voting Rights
16th Feb 20108:21 amRNSHolding(s) in Company - Replacement
16th Feb 20108:11 amRNSHolding(s) in Company
12th Feb 20107:00 amRNSRestoration - Motive Television plc
9th Feb 20107:00 amRNSIssue of Equity
8th Feb 201010:30 amRNSClarification of Option, Warrant & Contract Terms
2nd Feb 201012:57 pmRNSAppointment of Administrator to Subsidiary
4th Jan 20107:00 amRNSSuspension - Motive Television plc
23rd Dec 20097:01 amRNSTrading Update / De-registration of Nomad
17th Dec 200910:47 amRNSChange of Adviser
13th Nov 200910:16 amRNSContract Win
27th Oct 200911:37 amRNSContract Win
22nd Oct 20092:30 pmRNSResult of General Meeting
25th Sep 20097:00 amRNSContract Win and General Meeting
24th Sep 20094:36 pmRNSChange of Adviser
12th Aug 20097:00 amRNSHalf Yearly Report
6th Aug 200911:15 amRNSGrant of Warrants
30th Jul 20098:00 amRNSDistribution Rights Agreement
29th Jul 200911:57 amRNSGrant of Options
23rd Jul 20097:00 amRNSResult of AGM
7th Jul 200912:22 pmRNSDirectorate Change
1st Jul 20097:00 amPRNDirectorate Change
25th Jun 20099:16 amRNSPosting of Accounts
18th Jun 20097:00 amRNSFinal Results
20th May 200912:29 pmRNSDirectorate Change
16th Jan 20097:00 amRNSNew Channel 4 Commission
11th Nov 20087:00 amRNSNew Order
7th Nov 20087:00 amRNSHolding(s) in Company
6th Nov 200812:16 pmRNSHolding(s) in Company
28th Oct 20084:20 pmRNSDirector/PDMR Shareholding
30th Sep 200812:00 pmRNSTotal Voting Rights
23rd Sep 20084:08 pmRNSHolding(s) in Company
17th Sep 200811:48 amRNSIssue of Equity
17th Sep 20087:00 amRNSFor the 6 months ended 30 June 2008
24th Jul 20081:07 pmPRNAppointment of a Director
17th Jun 20087:00 amRNSHolding(s) in Company
4th Jun 20089:47 amRNSHolding(s) in Company
30th May 20084:36 pmRNSTotal Voting Rights
30th May 200810:29 amRNSHolding(s) in Company
27th May 200811:22 amRNSHolding(s) in Company
22nd May 20089:18 amPRNHolding(s) in Company
21st May 20085:06 pmPRNResult of AGM
20th May 20087:00 amRNSNew Contract

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.