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Re Contract

26 May 2011 07:02

RNS Number : 3116H
Motive Television PLC
26 May 2011
 



26 May 2011

 

MOTIVE TELEVISION PLC

 

("Motive" or the "Group")

 

Contract Win

 

Motive Television PLC, the television software, services and solutions provider, announces that its 100 per cent-owned Dublin-based production company, Motive Television Limited ("Motive Dublin"), has won a contract worth approximately €675,000 with Irish commercial broadcaster TV3.

 

The contract, which is a co-production with Asgard Media Ltd ("Asgard"), is for the production of ten live Gaelic Athletic Association ("GAA") matches during the summer of 2011.

 

Michael Pilsworth, Executive Chairman of Motive, said: "We are very pleased to be continuing our long association with TV3 for the production of live sport. Together with other new commissions for documentary programmes this contract win means that Motive Dublin has achieved its budgeted turnover for the year. We hope to be able to announce further production contracts in the coming months."

 

Ciaran O'Hara, Managing Director of Asgard, said: "Having enjoyed a very successful relationship to date with TV3 and Motive in Producing live GAA and European Football, we're very excited about this contract renewal. It illustrates TV3's commitment to the Irish Independent sector and their commitment to broadcasting Ireland's National Games to the highest technical and editorial standards."

 

Pat Kiely, Commercial Director at TV3, added: "I am pleased to announce the renewal of our contract with Motive Television and Asgard Media for Gaelic Athletic Association coverage. We have enjoyed working with the team at Motive Television on previous productions and have been impressed with their offering and professionalism which we are confident will make this year's screening a continued success."

 

Contacts:

 

Motive Television plc

Michael Pilsworth, Executive Chairman

T: +44 20 7025 8425

Merchant Securities (Nominated Adviser)

Simon Clements/Virginia Bull

 

T: +44 20 7628 2200

XCAP Securities (Broker)

Jon Bellis / John Grant

 

T: +44 20 7101 7070

Media PR

Gerry Buckland

T: +44 7774 860011

 

 

Financial PR

Cubitt Consulting

Chris Lane / Alice Coubrough

 

T: +44 20 7367 5100

 

 

Brainerd Communicators

Chris Plunkett / Mike Smargiassi

T: +1 212 986 6667

ABOUT MOTIVE TELEVISION

Motive Television provides digital television technology and services globally, enabling Television Anytime Anywhere. The market is driven by heightened consumer demand coupled with the mandatory switchover from analogue to digital broadcasting that, as mandated by the International Telecommunication Union, will come into full effect by 2015.

Motive Television provides broadcasters and platform operators with new sources of income and business models via its technologies:

Television Anytime is a technology that permits and enables broadcasters and platform operators to offer enhanced broadcasting services without the need for the Internet. Broadcasters can earn additional income through these services, including Catch-Up TV, Virtual Channels, Video-on-Demand and Targeted Advertising. Television Anytime is currently in commercial operation in Italy and successful tests have been carried out in the Czech Republic and Hungary.

Television Anywhere is an advanced place-changing television technology that allows a viewer to interact, control and watch their Internet-connected home television from a computer, mobile phone, iPad or any other Internet connected device. Television Anywhere is software orientated, does not require an additional box, and can be updated via software upgrades. 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
 
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