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Motive Signs Licensing Agreement with TSE

6th Nov 2013 07:00

RNS Number : 2882S
Motive Television PLC
06 November 2013
 



 

 

Motive Television PLC ("Motive")

 

Motive Television Signs Licensing Agreement with TELE System Electronic S.r.l.

 

Additional Set-Top Box Licensing for Mediaset Premium Play

 

 

London 6 November 2013: Motive Television PLC (AIM: MTV.LN) ("Motive"), the London-based provider of technology-based solutions that create new income for the television industry, announces that its Spanish subsidiary, Motive Television S.L. ("Motive S.L.") has signed a software licensing agreement with TELE System Electronic S.r.l. ("TSE").

 

Under this agreement Motive S.L. will provide TSE with a limited, non-transferable and non-exclusive licence to use Motive's technology in the set-top boxes (STB's) sold by TSE to Mediaset in exchange for a licence royalty per unit. TSE will report quarterly on these sales and pay royalties based on this information.

 

The new agreement covers licences for approximately 50,000 units that have been distributed to Mediaset for new customers of its Premium Play on-demand broadcast service which is enabled by Motive's Television's Anytime Anywhere (TVAA) technology. Since launching in late 2009, Mediaset has used Motive's TVAA to provide popular films in standard definition, high definition, and 3D on an on-demand basis to hundreds of thousands of subscribers in Italy.

 

The agreement between Motive S.L. and TSE will continue to cover additional deliveries of STB's to Mediaset until 31 December 2014. 

 

On 7 October 2013 Motive announced a renewal of its annual support and maintenance agreement with Mediaset for the TVAA technology.

 

Leonard M Fertig, Chief Executive Officer of Motive, commented, "Over the past four years, the growth, reliability, and success of the Mediaset Premium Play on-demand platform has been one of the largest and most successful deployments of its kind. We look forward to a lasting relationship with TSE and the continued success of Mediaset Premium Play on-demand."

 

 

 

 

Enquiries:

 

Motive Television plc

Michael Pilsworth, Chairman

Leonard M Fertig, CEO

 

T: +44 20 7025 8425

 

Sanlam Securities UK Limited (Nominated Adviser)

Simon Clements / Virginia Bull

 

T: +44 20 7628 2200

XCAP Securities (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

 

 

 

Notes to Editors

 

Motive Television provides software and services to the global television industry, enabling Television Anytime Anywhere™. Motive's patented and proprietary technology platform responds to the heightened viewer demand for watching what they want, when they want, on whatever device they want; and is driven by the mandatory switchover from analogue to digital broadcasting as mandated by the International Telecommunication Union.

 

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:

 

Television Anytime. A technology platform that enables digital broadcasters and pay television operators to offer enhanced broadcasting services with or without the need for an Internet connection. These services include, among others, Video-on-Demand, Catch-Up TV, Virtual Channels, Sneak Preview TV, and Targeted Advertising. Television Anytime is currently in commercial operation in Europe both in digital terrestrial (DTT) and soon in satellite (DTH) environments. Patented in Spain and patent pending in the EU.

 

Television Anywhere. An advanced multi-screen multi-channel technology that allows a viewer to control and watch all the content received by or recorded in their main home television equipment on any computer, mobile phone, iPad or any other Internet connected device. Television Anywhere is software-based and can be updated via software upgrades on existing STB. 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 

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