5th Nov 2013 10:58
LONDON (Alliance News) - Motive Television PLC said Tuesday that its wholly-owned subsidiary, Motive Television Services Limited, had signed two new contracts with Turkish satellite pay television platform, Digiturk.
The two contracts are both for an initial term for one year. Under one contract, Digiturk will use Motive Television's software development kit to produce their own derivative software that interacts with Motive's software. It cannot license this to any other party, and it will be solely for its own use in Turkey. Under the second contract Motive will provide support and maintenance services to Digiturk.
No financial details of the two agreements were provided.
Motive Television provides software and services for television broadcasters. Its shares were trading down 4.3% at 0.0225 pence Tuesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright © 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
Motive Television Plc