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yoomedia share for the future (YOO)     

mactavish - 10 Sep 2004 22:20

Company Profile

YooMedia plc is one of the fastest growing interactive entertainment companies in the UK.
Since 1997 we have been developing and launching leading B2C consumer brands in the gaming and community sectors. We also work in a B2B capacity with leading brand owners, agencies, content developers and broadcasters to design and develop their interactive content strategies.

Led by Executive Chairman Dr. Michael Sinclair and Group Managing Director Neil MacDonald, YooMedia has assembled a highly experienced management team that possesses a unique blend of skills and experience in the areas of Digital TV, Internet and mobile phone services and technology.

With main office locations in London, Exeter and Maidstone, YooMedia manages core assets including:

Over 30 office locations throughout the UK alone

State-of-the-art studio, production and post-production facilities at our Wapping location.

UK broadcast return path & bandwidth owner

Fully fledged UK Bookmaker License

Database with over 350K UK singles

SMS Engine access with international reach

Fully staffed 50 seat Customer Contact Centre in Maidstone, Kent

YooMedia Dating & Chat - Our dating subsidiary company manages the oldest and largest UK-owned dating brands including Dateline, Club Sirius and Avenues. YooMedia Dating has over 20 office locations throughout the UK and also manages YooChat, our world-leading interactive chat service found on UK digital cable on the Telewest platform (platform extensions planned for 2005).

YooMedia Gambling & Games - Combining the brands of Avago and Channel 425 (in partnership with William Hill) YooMedia is on the leading-edge of interactive fixed odds, casino and poker gambling services for digital TV, the web and 3G mobile phones. Our gaming business also manages YooPlay, the only interactive just for fun games channel found on all four Digital TV platforms in the United Kingdom.

YooMedia Enhanced Solutions (YES) - YES works with brand owners, agencies, content owners and broadcasters to clarify the options, define the strategies and deliver the interactive content that enhances consumer and audience experiences. YES customers include the BBC, Nestle, Celador, William Hill, Channel 4, ZipTV, The Cartoon Network and HR Owen.

moneyplus - 12 Nov 2005 12:15 - 2911 of 3776

ipublic glad to see you're still around-keep the faith and the good news will steadily come in! This is my largest holding too and I hope it will be my retirement pot!!

iPublic - 12 Nov 2005 17:41 - 2912 of 3776

Yes, still here and holding for the next few years.

Onwards and upwards!

mactavish - 13 Nov 2005 12:22 - 2913 of 3776

Thanks to Axe79.


Yoo initially approached with a buy out offer last month illustrates the
growing trend of American companies to capitalise on the developing
services on the 3G mobile internet.
3G has now got to the point where you can have a telephone with a colour
screen, a good Opera browser and a high speed connection. It is now much more like a PC-like experience.

Most older american venture funds have moved away from investing in early start ups and are instead looking to buyout mature developing businesses.
The European market is going to be developing strongly over the next few
years and money from the USA is eager to invest into it.
The 3G Agreement announced on the 04/11/05 with ICTV is a major turning point for Yoo Media, is it a surprise that an good offer was tabled prior to this announcement?

Thankfully the board of Yoo support the thoughts of the majority of its
shareholders and wish to grow the company to the stage where it reflects
a much higher value. Several shareholders behind the scenes have made
those feelings known. As the shareholders register is made up mainly of
private shareholders the voice of the quality posts on these BB is noted.

However it is likely in the future that the company will be swallowed up
by a much larger entity, but hopefully not before the SP is into the
pounds rather than still in the pence. Speaking with Mike Sinclair that
certainly appears to be his current thinking. Remember the man is in his
late 50's and Yoo might be his last major play before he retires. (unless
he wants to work on forever) I must ask him that! As he is a major
shareholder as well himself his actions has proved he is not interested in
making a decision that was not in the greater interest of us all.

Cannot think of a better board running the company than the one that is.

Regards

mactavish - 13 Nov 2005 12:25 - 2914 of 3776

In any war, always back the companies who supply the bullets!!

In the Media/Telco convergence war - YOOMEDIA are one of the leading armaments companies - they have no allegiances (being platform neutral) and are selling to all sides!


http://news.ft.com/cms/s/a656769a-5228-11da-9ca0-0000779e2340.html

Convergence: the dirty buzzword from the nineties is back with a vengeance
By Mark Odell and Andrew Edgecliffe-Johnston
Published: November 10 2005 20:43 | Last updated: November 10 2005 20:43

On December 8, analysts and investors will get a vision of the future, with a presentation ranging from a new video-on-demand system to online gaming and a service that will allow homeowners to monitor their property remotely while on holiday.


This will not be a presentation from a broadcaster or a security company with a new product. Instead, the vision will be laid out by BT, a company once known for running a large fleet of vans and employing engineers to fiddle with bunches of multi-coloured spaghetti on street corners.

Welcome to BTs vision of convergence the dirty buzzword associated with all the hype of the late 1990s.

It is back with a vengeance in the telecommunications, technology and media industries. But this time, the talk is backed up by technology that works and by real money.

In recent months, Ebay, the US auction site, has spent $2.3bn (1.3bn) on Skype, one of the leaders in the emerging voice-over internet protocol industry, and ITV, the terrestrial broadcaster, has emerged as the most likely buyer for Friends Reunited, the online communities company that could command a valuation of 170m.

British Sky Broadcasting has spent 211m buying Easynet to expand into the broadband internet market and joined the list of broadcasters partnering with mobile phone companies by unveiling a mobile television alliance with Vodafone.

The deals are examples of media companies search for new distribution platforms and ways to keep viewers attention as audiences begin to drift away from television screens towards mobile phones, computers and devices such as Apples new video i-Pod.

They also reflect telecoms operators attempts to find new areas of revenue growth as their traditional voice market comes under attack from new market entrants, such as Skype, and their need to embrace broadband, where a flat-rate charging structure is undermining the per-minute charging model of old.

One core offering of BTs version of television will allow broadband customers with the right set-top box to download films from a back-catalogue on demand via their phone-line and to watch and rewind the movie as they please for a certain amount of time. The same set-top box will have a digital signal decoder built in, so customers can watch the free-to-air digital terrestrial offering enjoyed by Freeview subscribers.

BT insists it has no plans to become a broadcaster but nevertheless it is attacking Skys market place. Many analysts believe Sky is encroaching on BTs market.

Not so, says Ben Verwaayen, BTs chief executive. He claims Skys decision to buy Easynet is an attack on NTL and Telewest, the cable operators that are in the process of merging.

While it is true that Sky is targeting the cable operators, which can offer telephone, internet and television programming in one, analysts pour scorn on the suggestion that BT is not a target too. One says: BT customers will get video-on-demand and Freeview channels. What BT is doing is aimed directly at Sky, so wouldnt Sky fight back?

Mr Verwaayen is relying on many of the services that BT plans to offer over broadband to replace BTs diminishing traditional revenues as more and more rivals plan to take control of the access to customers telephone lines in the local exchange. Over time, value-added services will be much more important to the business than access by itself, he says.

Traditional media companies, in turn, have long been aware of the disruption being caused to their industries by the internet. Many have already begun to make money from convergence strategies, such as encouraging viewers to send premium-rate text messages during shows such as Big Brother or X-Factor.

Now, however, they are spending more serious money on convergence.

One driver for diversifying away from their traditional core activities is that these are suffering from the incursions of new online rivals.

Advertising spending, for example, is shifting away from mass-market channels such as ITV1 to the more targeted environment offered by the internet.

Another big reason for the renewed interest in new media, five years after the bursting of the dotcom bubble, is that these [online] businesses are cash flow positive, according to one banker who has advised several media companies.

That change is a result of the third factor driving convergence the explosion of broadband and mobile access in the UK in recent years. This has created a new mass audience and prompted changes in consumer behaviour that traditional media companies can now follow rather than try to predict.

One reason why media and telecoms companies lost so much money in the first round of convergence attempts five years ago was that they misjudged how quickly consumers would adopt the new technology on offer. Products such as the iPod, the Sky+ personal video recorder or video- enabled mobile phones have since then shown the strength of consumers appetites for the new technology.

However, Tony Cooper, head of the telecoms practice in Deloitte & Touches consulting practice, says companies that are so carried away by new technology that they lose sight of the markets readiness for it still risk being the losers in the race to converge. He says: Media and telecommunications companies realise that, in a converged world, they cant do it all themselves.

Having realised this, however, companies will have to decide whether to achieve their ambitions through acquisitions or through partnerships. Both strategies carry risks.

The initial reaction to ITVs pursuit of Friends Reunited has shown the level of scepticism among analysts and investors about a traditional media companys ability to value, understand and manage a company operating in such a different environment from its core business. Similarly, the history of joint ventures is littered with tales of partners falling out.

The final, and perhaps the biggest, dilemma as companies eye each other across the telecoms/media divide is how they will divide up the spoils. Mr Cooper says: The media companies come from the position that content is what holds value. The telecoms companies are saying we can give you tremendous access to customers and that has got value.

It may take longer for those disparate positions to converge

mactavish - 14 Nov 2005 22:44 - 2915 of 3776

In any war, always back the companies who supply the bullets!!

In the Media/Telco convergence war - YOOMEDIA are one of the leading armaments companies - they have no allegiances (being platform neutral) and are selling to all sides!


http://news.ft.com/cms/s/a656769a-5228-11da-9ca0-0000779e2340.html

Convergence: the dirty buzzword from the nineties is back with a vengeance
By Mark Odell and Andrew Edgecliffe-Johnston
Published: November 10 2005 20:43 | Last updated: November 10 2005 20:43

On December 8, analysts and investors will get a vision of the future, with a presentation ranging from a new video-on-demand system to online gaming and a service that will allow homeowners to monitor their property remotely while on holiday.


This will not be a presentation from a broadcaster or a security company with a new product. Instead, the vision will be laid out by BT, a company once known for running a large fleet of vans and employing engineers to fiddle with bunches of multi-coloured spaghetti on street corners.

Welcome to BTs vision of convergence the dirty buzzword associated with all the hype of the late 1990s.

It is back with a vengeance in the telecommunications, technology and media industries. But this time, the talk is backed up by technology that works and by real money.

In recent months, Ebay, the US auction site, has spent $2.3bn (1.3bn) on Skype, one of the leaders in the emerging voice-over internet protocol industry, and ITV, the terrestrial broadcaster, has emerged as the most likely buyer for Friends Reunited, the online communities company that could command a valuation of 170m.

British Sky Broadcasting has spent 211m buying Easynet to expand into the broadband internet market and joined the list of broadcasters partnering with mobile phone companies by unveiling a mobile television alliance with Vodafone.

The deals are examples of media companies search for new distribution platforms and ways to keep viewers attention as audiences begin to drift away from television screens towards mobile phones, computers and devices such as Apples new video i-Pod.

They also reflect telecoms operators attempts to find new areas of revenue growth as their traditional voice market comes under attack from new market entrants, such as Skype, and their need to embrace broadband, where a flat-rate charging structure is undermining the per-minute charging model of old.

One core offering of BTs version of television will allow broadband customers with the right set-top box to download films from a back-catalogue on demand via their phone-line and to watch and rewind the movie as they please for a certain amount of time. The same set-top box will have a digital signal decoder built in, so customers can watch the free-to-air digital terrestrial offering enjoyed by Freeview subscribers.

BT insists it has no plans to become a broadcaster but nevertheless it is attacking Skys market place. Many analysts believe Sky is encroaching on BTs market.

Not so, says Ben Verwaayen, BTs chief executive. He claims Skys decision to buy Easynet is an attack on NTL and Telewest, the cable operators that are in the process of merging.

While it is true that Sky is targeting the cable operators, which can offer telephone, internet and television programming in one, analysts pour scorn on the suggestion that BT is not a target too. One says: BT customers will get video-on-demand and Freeview channels. What BT is doing is aimed directly at Sky, so wouldnt Sky fight back?

Mr Verwaayen is relying on many of the services that BT plans to offer over broadband to replace BTs diminishing traditional revenues as more and more rivals plan to take control of the access to customers telephone lines in the local exchange. Over time, value-added services will be much more important to the business than access by itself, he says.

Traditional media companies, in turn, have long been aware of the disruption being caused to their industries by the internet. Many have already begun to make money from convergence strategies, such as encouraging viewers to send premium-rate text messages during shows such as Big Brother or X-Factor.

Now, however, they are spending more serious money on convergence.

One driver for diversifying away from their traditional core activities is that these are suffering from the incursions of new online rivals.

Advertising spending, for example, is shifting away from mass-market channels such as ITV1 to the more targeted environment offered by the internet.

Another big reason for the renewed interest in new media, five years after the bursting of the dotcom bubble, is that these [online] businesses are cash flow positive, according to one banker who has advised several media companies.

That change is a result of the third factor driving convergence the explosion of broadband and mobile access in the UK in recent years. This has created a new mass audience and prompted changes in consumer behaviour that traditional media companies can now follow rather than try to predict.

One reason why media and telecoms companies lost so much money in the first round of convergence attempts five years ago was that they misjudged how quickly consumers would adopt the new technology on offer. Products such as the iPod, the Sky+ personal video recorder or video- enabled mobile phones have since then shown the strength of consumers appetites for the new technology.

However, Tony Cooper, head of the telecoms practice in Deloitte & Touches consulting practice, says companies that are so carried away by new technology that they lose sight of the markets readiness for it still risk being the losers in the race to converge. He says: Media and telecommunications companies realise that, in a converged world, they cant do it all themselves.

Having realised this, however, companies will have to decide whether to achieve their ambitions through acquisitions or through partnerships. Both strategies carry risks.

The initial reaction to ITVs pursuit of Friends Reunited has shown the level of scepticism among analysts and investors about a traditional media companys ability to value, understand and manage a company operating in such a different environment from its core business. Similarly, the history of joint ventures is littered with tales of partners falling out.

The final, and perhaps the biggest, dilemma as companies eye each other across the telecoms/media divide is how they will divide up the spoils. Mr Cooper says: The media companies come from the position that content is what holds value. The telecoms companies are saying we can give you tremendous access to customers and that has got value.

It may take longer for those disparate positions to converge

iPublic - 14 Nov 2005 22:56 - 2916 of 3776

Where is our friend Dil? Has he passed away? Shame!

mactavish - 14 Nov 2005 23:57 - 2917 of 3776

He is in hospital caught something of a sheep.

bhunt1910 - 15 Nov 2005 08:03 - 2918 of 3776

One should never crow too early - you could catch a cold

Baza

hewittalan6 - 15 Nov 2005 08:06 - 2919 of 3776

Baza,
You know I was chatting last night to explosive about ones I've called wrongly...........................

bhunt1910 - 15 Nov 2005 08:09 - 2920 of 3776

........Oh I dont think you have called this wrongly - cos it will recover - just got your timing wrong - as did I as I bought back in last week - albeit only a small amount - cos I thought the time was right and the future looked bright.

Dil and others did warn about cash burn - but I think this is only a temporary set back.

At least the management tean have got off their bums, recognised the problem and managed it.

hewittalan6 - 15 Nov 2005 08:11 - 2921 of 3776

It is also comforting that Wiliiam Hill have sufficient belief in the future to renogotiate the contract.

bhunt1910 - 15 Nov 2005 08:20 - 2922 of 3776

WellI have just bought some more at 7.90 - so fingers crossed

hewittalan6 - 15 Nov 2005 08:22 - 2923 of 3776

Brave man, Baza.
I sincerely hope its your best ever call!!
Alan

Scripophilist - 15 Nov 2005 08:45 - 2924 of 3776

Lets face facts guys, they keep saying they will be cash flow positive by XXX, yet they NEVER deliver. Yet again this morning we see YOO for what it is, nothing but hot air and hope. They completely fail to deliver. Will you please wake up and smell the coffee. The statement this morning means they will have to raise cash.

"Such alternatives are expected to provide both increased marketing opportunities for the division and strengthen the Company's balance sheet."

In corporate speak, in case you are unable to hear it, that means, we are short on opportunities to raise cash and we are looking to sell off the silverware.

Never fall in love with a position because it wont love you back.

Scripophilist - 15 Nov 2005 08:46 - 2925 of 3776

"To date the Company has managed the impact of these delays on cash flow
within its banking facilities, and is currently exploring a number of available
options for strengthening its balance sheet."

Be very worried....

Treblewide - 15 Nov 2005 09:06 - 2926 of 3776

looks like Dil was correct.......

Fundamentalist - 15 Nov 2005 11:10 - 2927 of 3776

Scrip

our conversation on Friday has come true scarily quickly :-)

Dil - 15 Nov 2005 11:27 - 2928 of 3776

lol what a suprise !!!

Jam tomorrow .... after big rights issue.

Its still a pile of sh*te iPublic and always will be imo.

Have a nice day.

moneyplus - 15 Nov 2005 12:14 - 2929 of 3776

oh dear Dil-lend us a quid will you and buy me a drink for Christmas to drown my sorrows!!

Scripophilist - 15 Nov 2005 13:51 - 2930 of 3776

"our conversation on Friday has come true scarily quickly :-) "

The sad thing is it was so obvious but try and warn people and you get grief. Honestly.....
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