Motive Television PLC Motive Signs Extension to Digiturk Contract (9465T)
July 24 2015 - 2:00AM
UK Regulatory
TIDMMTV
RNS Number : 9465T
Motive Television PLC
24 July 2015
24 July 2015
Motive Television PLC
("Motive" or the "Company")
Motive Signs Extension to Digiturk Contract
To Upgrade Content Express(TM) Platform to 4K UHD
Motive Television PLC (AIM: MTV), announces today that Motive
Television Services Ltd, its fully-owned subsidiary, has amended
the Service Level Agreement ("SLA") with long-standing customer
Digiturk (Krea Icerik Hizmetleri Ve Produksiyon Anonim Sirketi) to
upgrade and extend the Content Express(TM) platform. The platform
will be used by Digiturk to support the delivery of ultra-high
definition content, often referred to as '4K UHD', for Digiturk
subscribers that own UHD televisions.
Digiturk, the largest satellite broadcaster in Turkey with over
2.5 million subscribers, commercially launched their Motive
technology enabled, on-demand services in January 2013 and has been
operating the services since then.
The 4K UHD upgrade of Content Express(TM) requires increasing
the speed of datacasting of programme content to a target of
15mbps, while continuing to deliver standard definition, and high
definition content formats for the majority of Digiturk users. The
upgrade will also deliver 4K posters and promotional material.
As a result of this addition, Motive's SLA with Digiturk will be
extended through to the end of 2016. Under the SLA, the Company
receives engineering development and support fees. Additionally,
the licensing agreement with set-top box maker Sagemcom will be
extended to incorporate royalties on set-top boxes containing
Motive's 4K UHD software. Specific terms of the SLA and licensing
agreement are confidential, however, the Company estimates a value
to Motive of more than GBP150,000 due to the 4K UHD addition from
engineering fees and licensing royalties.
Based on recently reported figures, more than 190,000 set-top
boxes containing Motive's licensed technology have been shipped for
use by Digiturk subscribers.
Leonard M Fertig, CEO of Motive commented, "Motive is pleased to
take on the challenge of upgrading Content Express(TM) to the
latest standard in home entertainment in cooperation with Digiturk,
a mainstay client. Content Express(TM) first launched commercially
in 2009 and the Company has continually added new features and
additional patents for our datacasting technology to keep at the
leading edge of the industry in the delivery of video-on-demand and
added services."
Enquiries:
Motive Television plc T: +44 20 7025 8425
Michael Pilsworth, Chairman
Leonard M Fertig, CEO
Sanlam Securities UK (Nominated T: +44 20 7628 2200
Adviser)
Simon Clements / James Thomas
Beaufort Securities T: +44 20 7382 8300
Jon Belliss
Newgate Communications T: +44 20 7680 6559
Jason Nisse/Andre Hamlyn
Media PR Europe T: +44 7774 860011
Gerry Buckland
Brainerd Communicators T: +1 212 986 6667
Chris Plunkett / Mike Smargiassi
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(TM)
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(TM) makes that possible without having to build new
networks. Content Express(TM) 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(TM) 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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