(MTV) Motive Television
Summary
Trade long or short on this share now through an Interactive Investor Spread Bet or CFD
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RNS Number : 9951E Motive Television PLC 17 May 2013
This information is provided by RNS The company news service from the London Stock Exchange More |
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RNS Number : 9419E Motive Television PLC 16 May 2013
This information is provided by RNS The company news service from the London Stock Exchange More |
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RNS Number : 7244E Motive Television PLC 15 May 2013 15 May 2013
Motive Television plc
("Motive Television" or the "Company")
Issue of equity
Motive Television is pleased to announce that, following interest from institutional investors in the Company's announcement yesterday relating to the Company's development of its Tablet TV technology for the UK Freeview platform, it has raised £500,000 through the issue of 3,333,333,333 new ordinary shares of 0.01p each at 0.015p per share ("Placing Shares"). The proceeds will be used to fund an accelerated programme of development for this product and for general working capital purposes. The board has considered the Company's overall medium-term funding needs very carefully and, given the high level of interest in this development in the UK market and its anticipated value in terms of future sales and profits, it has decided that this fundraising is in the best interests of increasing shareholder value. Application will be made for the Placing Shares to be admitted to trading on AIM. Admission is expected to become effective and dealings are expected to commence on AIM on 21 May, 2013. Following the issue of the shares, the Company will have 13,976,225,847 ordinary shares in issue.
Contacts:
Motive Television plc T: +44 20 7025 8425 Michael Pilsworth, Chairman Leonard M. Fertig, CEO
Sanlam Securities UK (Nominated Adviser) T: +44 20 7628 2200 Simon Clements / Virginia Bull
XCAP Securities T: +44 20 7101 7070 Jon Belliss
Newgate Communications (Financial PR) T: +44 20 7680 6559 Jason Nissé
Brainerd Communicators T: +1 212 986 6667 Chris Plunkett / Mike Smargiassi
Media PR T: +44 7774 860 011 Gerry Buckland
Notes to Editors:
Motive Television is the developer and integrator of innovative patented software solutions for the television industry that enable our clients to offer on-demand content over any network to any device. We have the knowhow and ability to customize our software to work with existing networks, saving our clients substantial expenditures. Our customers are broadcasters, satellite platforms, cable operators, and telecoms.
Motive's patented and proprietary solutions include:
Television Anytime Anywhere: Video-on-demand and place shifting for the broadcasting and pay television industry
Tablet TV: Viewing and being able to record digital terrestrial TV directly to tablets and smartphones
Mocast: Enabling managed downloads of IP delivered content in 4G LTE wireless systems
This information is provided by RNS The company news service from the London Stock Exchange More |
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RNS Number : 6116E Motive Television PLC 14 May 2013
Motive Television To Develop Tablet TV for the UK
Company begins development of Tablet Television for Freeview viewing Allows users to watch and record live TV on a tablet
London 14 May 2013: Motive Television ("Motive" or "Company") announces it will be developing its Tablet Television technology to enable Freeview users in Britain to watch and record television programmes directly onto tablets - without the need to connect to the internet. This represents a strategic entry for the Company into the UK market.
With Motive's app and an antenna-tuner containing Motive's technology, tablet users will be able to watch all the programming currently available on the Freeview platform. Motive plans to license its technology to third party consumer electronics companies who will make the antenna-tuners widely available.
Tablet TV lets the user watch any broadcast TV channel anywhere, without needing a hotspot or fast Internet signal. Like Freeview to the home, there are no subscriptions needed and no interruptions due to buffering or network congestion. Further, with Motive's built in Tablet PVR, viewers can record any programmes and watch them later when they want, where they want for their own private use.
Video viewing on tablets is rapidly increasing, with recent figures from the BBC showing that tablets have moved ahead of smartphones for its catch-up iPlayer service with 41 million requests in March 2013. According to recent predictions from CCS Insight, 1 billion tablets will be in use worldwide by 2017, and according to research firm Gartner sales of tablets are expected to grow 70% to about 200 million this year.
Searching for content on tablets over the internet is currently a fragmented experience, using a variety of internet based (or OTT) services, such as iPlayer, ITV player etc. There is an increasing opportunity to provide easy-to-use live TV on tablets using the existing broadcast distribution network.
Based on discussions underway with Freeview, Motive expects that its Freeview-compatible Tablet TV will:
- receive all the Freeview channels available in the broadcast area; - offer a full 7-day 24 hour EPG with the Freeview look and feel; - have the ability to record directly onto the tablet (DVR); - enable features such as series recording; - optionally have social media integration (with an internet connection)
Motive will seek approval for Tablet TV from the Digital Television Group and be D-Book compliant ("DTG", which publishes and maintains the technical specifications for Freeview in the UK), as well as Freeview branding for its new product. Motive expects to demonstrate Tablet TV for Freeview later this year.
Leonard M Fertig, CEO of Motive commented, "Motive's experience in developing Tablet TV for the United States makes the extension to the highly successful Freeview platform to tablets in the UK a natural next step. We look forward to working with Freeview and its partners to complete the development of Tablet TV for the UK so tablet owners can enjoy Freeview whenever and wherever they want."
Motive Television PLC is also pleased to announce that its Chairman, Michael Pilsworth, will be providing an update on the Company at the Proactive Investors One2One Investor Forum to be held at The Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, London W1J 5EB at 6 pm on Thursday 16th May 2013.
Enquiries:
Notes to Editors
Motive Television is the developer and integrator of innovative patented software solutions for the television industry that enable our clients to offer on-demand content over any network to any device. We have the knowhow and ability to customize our software to work with existing networks, saving our clients substantial expenditures. Our customers are broadcasters, satellite platforms, cable operators, and telecoms.
Motive's patented and proprietary solutions include:
Television Anytime Anywhere: Video-on-demand and place shifting for the broadcasting and pay television industry
Tablet TV: Viewing and being able to record digital terrestrial TV directly to tablets and smartphones
Mocast: Enabling managed downloads of IP delivered content in 4G LTE wireless systems
This information is provided by RNS The company news service from the London Stock Exchange More |
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Now you'd think that for a sales pitch the CEO would had brought his Tablet with the dongle pluged in but he decided to miss the opportunity? Something to hide perhaps :-)
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Thought you might need a bit of luck,a bit of spare change might help (might)
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Motive Television makes 'big move' in its home market
Len Fertig, CEO of Motive Television (LON:MTV), tells Proactiveinvestors that the recent news with Freeview gives the company an opportunity to compliment the existing offerings. Len also discusses where he sees the company spending the £500,000 that was recently raised. http://www.proactiveinvestors.co.uk/companies/stocktube/1996/motive-television-makes-big-move-in-its-home-market--1996.html |
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They have not been approved or issued by Interactive Investor Trading Limited.

