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Amendment to Sagemcom Software License Agreement

31st Jul 2015 07:00

RNS Number : 6096U
Motive Television PLC
31 July 2015
 

 

31 July 2015

 

Motive Television PLC

("Motive" or the "Company")

 

Amendment to Sagemcom Software License Agreement

 

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Motive Television PLC (AIM: MTV), announces today that Motive Television Services Ltd, its fully owned subsidiary, has amended the Service Level Agreement ("SLA") with Sagemcom Broadband SAS of Rueil-Malmaison France entered into on 27 June 2012.

 

As described in the RNS announced on 24 July 2015, the change to the SLA is to amend and replace the definition of the NLS Library to include Motive software needed for the 4K UHD capabilities in Sagemcom devices for Digiturk.

 

Specific terms of the SLA and licensing agreement are confidential, however, the Company receives a license royalty from Sagemcom based on the number of devices manufactured using Motive technology.

 

 

Enquiries:

 

 

Motive Television plc

Michael Pilsworth, Chairman

Leonard M Fertig, CEO

 

T: +44 20 7025 8425

 

Sanlam Securities UK (Nominated Adviser)

Simon Clements / James Thomas

 

T: +44 20 7628 2200

 

 

Beaufort Securities

Jon Belliss

T: +44  20 7382 8300

Newgate Communications

Jason Nisse/Andre Hamlyn

 

T: +44 20 7680 6559

 

 

Media PR Europe

Gerry Buckland

 

T: +44 7774 860011

 

 

Brainerd Communicators

Chris Plunkett / Mike Smargiassi

 

T: +1 212 986 6667

 

 

 

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.

 

BYOD TV

 

Motive's BYOD TV solution provides passengers and crew in maritime environments with access to video-on-demand movies and television without needing direct access to the Internet or broadcast signals. Markets for the platform include operators of passenger ferries, cruise lines, commercial ships, and oil platforms among others. In addition, BYOD TV has application for additional markets including passenger airlines, trains, waiting lounges, etc.

 

 

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
 
 
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