Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Launch of TV Nova pilot

2nd Aug 2010 07:00

RNS Number : 3191Q
Motive Television PLC
02 August 2010
 



2 August 2010

Motive Television PLC (AIM: MTV.L)

("Motive" or the "Company")

 

 

TV NOVA PILOT SUCCESSFULLY LAUNCHED AS TALKS WITH GLOBAL BROADCASTERS CONTINUE

 

Consumers are responding favourably to low-cost Pay TV

 

Motive, the broadcast television technology and solutions provider, is pleased to announce that it has successfully launched a pilot scheme using the BesTV® technology, for TV Nova, the Prague (Czech Republic) TV station owned by Central European Media Enterprises Limited. Motive is currently in negotiations with a number of broadcasters in both Europe and in the USA and hopes to make further announcements on new pilot schemes shortly.

 

Motive would also like to highlight the success of Italian commercial broadcaster, Mediaset's pay-as-you-go digital terrestrial television ("DTT") package, powered by BesTV® software which achieved a breakeven result at an operational level in its second financial quarter ended 30 June 2010. Motive distributes BesTV® globally outside Spain and Italy and will not benefit directly from this achievement. However, the directors believe that the commercial success of the BesTV-powered over-the-air pay TV service in Italy demonstrates that video-on-demand and pay-tv services using the software can generate a strong consumer response.

 

Motive Chief Executive Officer, Leonard M. Fertig, said:

 

"With the TV Nova pilot successfully launched and negotiations underway with a number of broadcasters, we hope to implement the BesTV technology in a number of TV markets in the coming months.

 

"The BesTV technology enables digital terrestrial broadcasters worldwide to offer video on demand, catch-up, +1 channels and pay-tv without the need for a return path data transfer.

 

"We believe that Mediaset's success in launching and building its pay TV platform on over-the-air television demonstrates that consumers respond favourably to low-cost pay tv when it is available."

 

END

Contact:

Motive Television plc

T:020 3086 9430

Mick Pilsworth

Bishopsgate Communications

T: 020 7562 3350

Gemma O'Hara/Siobhra Murphy

 

Notes to Editors

 

Motive Television (www.motivetelevision.co.uk) is a leading media investment company, specialising in digital television technology providers and television rights owners. Based in London, it is listed on the AIM and is led by television industry experts Mick Pilsworth and Len Fertig. 

 

Motive's first transaction in the DTT sector was the agreement of worldwide distribution rights, outside of Spain and Italy, for a DTT solution called BesTV®. BesTV®, powered by Adecq Digital S.L., is patented middleware that allows DTT broadcasters to offer hybrid DTT and internet set-top box solutions, providing VOD, pay-per-view ("PPV"), catch-up TV, +1 channelsand live pause using their DTT bandwidth. Already in use in Spain and Italy, BesTV® is now well-placed to be rolled out globally by Motive, leveraging the extensive global contacts of the new management team.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAPBMLTMBTMBAM

Related Shares:

Motive Television Plc
FTSE 100 Latest
Value8,837.91
Change26.87