1 May 2014 07:00
Motive Television PLC
("Motive" or the "Company")
Siyaya Awarded Pay Television Licence
SA Regulator Icasa awards provisional licenses to five new pay TV operators
London 1 May 2014: Motive Television plc announces that its 100 per cent owned subsidiary, Motive Television Services Limited ("Motive"), has today been informed by Siyaya Free To Air TV (PTY) Ltd. of Johannesburg, South Africa ("Siyaya") that it has received one of five provisional licenses to operate a pay television service in South Africa.
Each licence is subject to the fulfillment of certain conditions. Siyaya has been required to submit more research from other provinces, not only Gauteng where Siyaya has been running a trial, as its intended service is national in scope.
On 27 March 2014 the Company announced that it has begun installing Motive's Content Express™ platform in South Africa in anticipation of commercial operations beginning in autumn 2014. The provisional licence award is in response to application and hearings held in July 2013. Motive executives attended the hearings in support of Motive's client Siyaya.
Siyaya intends offering South African and African content, along with football, for a monthly subscription fee starting at ZAR70 (approx. £4) per month, targeting black South Africans with an average age of 30 and a monthly household income of between ZAR4,000 and ZAR10,000.
On 30 December Motive announced the signing of a five-year contract to install, integrate, and operate Siyaya's Video-on-Demand ("VOD") platform in conjunction with the expected launch of Siyaya's television services on the Sentech Freevision DTH satellite service. Motive's income from the contract includes upfront and operating fees and a share of VOD revenues. The contract will provide Motive a guaranteed minimum equivalent to £1.07 million (at current conversion rates) over the next five years, however, as stated in the announcement dated 16 September 2013; the Company estimates the probable value of this project to be approximately £2 million.
Leonard M Fertig, CEO of Motive Television plc, commented, "The award of the provisional licence is another important step toward the launch of Siyaya's business, and as a participant in the upside Motive is delighted with this news."
Enquiries:
Motive Television plc Michael Pilsworth, Chairman Leonard M Fertig, CEO
| T: +44 20 7025 8425
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Sanlam Securities UK (Nominated Adviser) Simon Clements / Virginia Bull
| T: +44 20 7628 2200
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Hume Capital (Broker) Jon Belliss
| T: +44 20 7101 7070 |
Newgate Communications Jason Nisse/Stephanie Dobbs
Media PR Europe Gerry Buckland
Brainerd Communicators Chris Plunkett / Mike Smargiassi
| T: +44 20 7680 6559
T: +44 7774 860011
T: +1 212 986 6667
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Notes to Editors
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:
Content Express™
Today's television viewers are demanding the ability to watch whatever they want when they want it on any screen, and Motive's Content Express™ makes that possible without having to build new networks. Content Express™ software provides secure delivery and management of non-linear digital content across any type of broadcast network to any consumer-facing screen or device. Motive has deployed it in both single and hybrid distribution systems that combine broadband access with traditional distribution for an optimal solution.
Motive's Content Express™ solutions platform provides a one-stop shop for digital terrestrial broadcasters, satellite, DTT cable pay television platforms, and Internet OTT content providers to offer new services including: Video on Demand (VOD and SVOD), Catch-up television, Tablet Television, Targeted advertising for VOD, Mocast for 4G LTE, Virtual channels and Video2Go.
Tablet TV
With a proprietary app and T-Pod antenna-tuner, tablet owners around the globe can watch and record all the programming currently broadcast over digital terrestrial channels. Additionally, Tablet TV subscribers have the ability to download a selection of video-on-demand movies and programmes without the need for Internet access and, when they are connected, use integrated social networking and access anything available over the Internet.
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