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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.

EWRobson - 20 Feb 2005 20:46 - 681 of 3776

mac

A fascinating post and thanks for it. It appears to have been a think tank for ideas rather than more formal bidding for a contract. Good to see YOO leading a prestigious looking team. The money in the Public sector looks good too. I wonder where you, and iPublic, expect YOO to be at the end of the year: primarily in terms of development of services; we should get the EVO view on the finances before too long, hopefully.

Eric

mactavish - 20 Feb 2005 22:33 - 682 of 3776

News from BSKYB - actively promoting Sky Active interactive TV as an alternative to normal TV - also interesting to note that Sky Active is available free of any subscription - another good case of Yoomedia services being plugged by a third party = lower marketing cost for Yoomedia, with the potentail to reach over 7 million households, read on:-

from:- http://www.dmeurope.com/default.asp?ArticleID=4484

UK satellite broadcaster BSkyB has today unveiled a re-design of its interactive services portal, Sky Active. The new format makes greater use of video and original editorial content in order to create a magazine-style channel that offers on-demand entertainment and information as an alternative to conventional television.

Sky Active is available without subscription to around 7.4m digital satellite households and, together with games channel Sky Gamestar, has a weekly reach of around 1m individuals. By creating greater visual appeal and improved usability, Sky aims to encourage more frequent visits and greater usage of Sky Active's existing range of services.

The principal enhancements to Sky Active include the introduction of a video-based "front page" with an schedule of short programmes produced by a new, dedicated editorial team.

Content will be updated daily and changed over the course of the day to appeal to the differing audiences for daytime and evening television.
Other changes include the introduction of a "contents page" in the form of a 16-screen video mosaic, which is intended to provide faster access to Sky Active's different services as well as links to new features pages, dedicated to topics such as "Health and Lifestyle", "Puzzles & Jackpots" and "Friends, Dating and Chat". Each of the new sections will feature original editorial content created by the Sky Active editorial team and popular columnists.

The magazine-style concept of the new Sky Active is a product of extensive customer research into why consumers choose to interact with the television. The result is intended to be an editorially-led interactive destination that is designed around the needs of the different audiences that use interactive services, particularly during the peak usage periods of daytime and the late evening.

End of story

Excellent news for Yoomedia, especially as it has even more presence on Sky Active with the recent DITG takeover

Regards

mactavish - 21 Feb 2005 00:07 - 683 of 3776

More digital switchover dates announced in other European Countries

http://www.dmeurope.com/default.asp?ArticleID=5204

More potential Yoomedia partners and end users

Regards

mactavish - 21 Feb 2005 08:03 - 684 of 3776

More mobile phone technology, you could see an interactive version of You Have Been Framed happening here - ie, send in your mobile video during the show, and the best video wins a prize - something I am sure Yoomedia's timestamping technology would allow:-

from:- http://www.dmeurope.com/default.asp?ArticleID=5373

Norwegian television viewers can now send in video clips from their mobile phones and have them shown on national TV via TV programme Svisj, an entertainment show aimed at youngsters on the Norwegian Broadcasting Corporation (NRK) network - the first broadcaster in Europe to provide such a service.

NRK is considering employing the technology in other programme formats in various categories such as entertainment, sports and news. When newsworthy events occur, any phone with a built-in camcorder can provide video coverage to the broadcaster.

"This means that we have thousands of latent video reporters all over the world," said Gunnar Garfors, director of mobile services at NRK Division of Developments, "and Norwegians take up new technology very early, so mobile videos will be commonplace on TV in a few years' time."

NRK charges 2.50 for each video that is sent to Svisj, which airs on NRK2. At present, there are 350,000 phones on the Norwegian market capable of providing video clips. NRK worked with telco Teletopia on the technical solution for the service.

End

More proof that in time, TV and Mobile are going to work hand in hand for a true interactive experience - and Yoomedia are well and truly placed to take advantage of these new broadcast mediums - also notice, that more and more European Countries are now experiencing interactive services

Regards

chad - 21 Feb 2005 08:42 - 685 of 3776

Today opens with a wave of sells. Are they mad, or are we? I just cant understand why anyone would want to sell at this price, other than that you'd been in for a while and just had enough, but even then I would be averaging down rather than ditching them.

Dynamite - 21 Feb 2005 08:47 - 686 of 3776

Snap Chad...the potential of Yoo is huge I think they are mad to sell!
Di

poes - 21 Feb 2005 09:49 - 687 of 3776

A lot of people have been mislead based on what has been posted on these boards and it is there own fault for not doing their own research. Lets explain the downside for those who have chosen to turn a blind eye:

1) A rumor was started about 2 weeks ago about the overhang being cleared, this was a rumour and was incorrect, the over hanging stock exceeds 80m shares.
2) The competition to all of yoomedias companies is huge, there are 100s of online gaming, dating, intereactive tv, etc companies that provide the same services what this means is that yoo are not the only company providing these services.
3) The many aquisitions and expanded overheads have been massively costly & I predict this company to show some massive losses, these will be reported in good time.
4) The ordinary share holder is treated with the utmost disrespect that has ever been witnessed.

People you need to realise there is a team of rampers who are work together across some of the bulletin boards & attacking any people who have questions or opinions that this team believe could expose yoomedias potential weeknesses - it is tantamount to extortion.

I am telling you to do your own research and keep in mind how this company treats its ordinary share holders.

Good luck.

poes

The Gull - 21 Feb 2005 10:00 - 688 of 3776

poes

There do certainly appear to be some posters here with lots of egg on their faces. LOL

NickB - 21 Feb 2005 11:17 - 689 of 3776

'A lot of people have been mislead based on what has been posted on these boards and it is there own fault for not doing their own research.'

Well my research is that i work in this industry and i am buying .

Dynamite - 21 Feb 2005 12:53 - 690 of 3776

Good for you Nick B, plus if you work in the industry tell these idiots what is what.
Poes and Gull I expect you to eat your words when YOO comes good and it will. 100's of competitors Poe...what rubbish much of the stuff Yoo has cannot be achieved by others, plus they have fingers in many pies and contacts in all the right places. You both must have a hidden agenda to talk such rubbish.
If this share is not 1 in 1 year I will eat my hat!
Di

poes - 21 Feb 2005 13:12 - 691 of 3776

Buy Dynamite Buy!

ptkenny - 21 Feb 2005 13:25 - 692 of 3776

Gull,

Some may say you speak Gull-Shit!!!!!

iPublic - 21 Feb 2005 13:32 - 693 of 3776

Gull/poes

A friend of mine has performed a 'trace' on you and your details are identicle. Why do you bother?

Why post using muliple identities? In my opinion, this brings into question your intellect and maturity. Do you really believe people don't know?

I am aware of all the user names you have used.

I think The Gull suits you best, so perhaps stick with the one identity?

The Gull - 21 Feb 2005 13:41 - 694 of 3776

iPublic
Your friend has missinformed you.
Thought you would appreciate some discount? And who knows you may even get more discount?

iPublic - 21 Feb 2005 14:04 - 695 of 3776

Whatever.....

mactavish - 21 Feb 2005 14:11 - 696 of 3776

The Gull must be a complete moron, 2 indentities what a sad case, so everyone on here just ignore his gibberish would be the best plan.

The Gull - 21 Feb 2005 14:16 - 697 of 3776

Talk about the pot calling the kettle black? iPublic/Trigger

Secondly it is the 2 of you who have now started a personal insult slanging match talk about childish???

mactavish - 21 Feb 2005 14:26 - 698 of 3776

Another avenue of revenue open to Yoomedia, now they have their own red button technology:-

from:- http://www.dmeurope.com/default.asp?ArticleID=5526

The Chemical Brothers, the electronic music superstars, are offering five tracks from their upcoming album via a free 'interactive jukebox' available on stations from UK digital television provider BSkyB, the Guardian newspaper has reported.

Sky subscribers can push the red button on their remote controls as part of an advertising campaign for the album from record label EMI, and listen to five entire tracks from the album due to be released on Monday. The jukebox marks the first time a record label has offered an 'interactive music advert', claims the music duo's website.

The ad campaign, which is to play on Sky Sports, Sky One, Channel 4 and E4, also offers live footage and interviews of the Chemical Brothers, as well as their current single, 'Galvanise'.

End of story

Music downloads are expected anytime now to exceed actual shop purchases, and it would appear, that with broadband TV on the horizon, together with the DITG red button return path, Yoomobile are placed for a slice of this action too

Regards

mactavish - 21 Feb 2005 14:28 - 699 of 3776

Just had another read through the merger document, and picked out the following key points:-

TGC's betting formats are also available through four other channels: GameIn TV,Get Lucky, Nation 217, and the Teletext service on Channel 4. The Enlarged Group Board also anticipates finalising agreements with two other broadcasters within three months from Admission.

The Enlarged Group Board has identified the following as key objectives:-

1) achieve positive cashflow for the Enlarged Group by 31 March 2005. The
Enlarged Group Directors have targeted this period based on anticipated revenue
growth and margin improvements within the Enlarged Group. The Enlarged Group
Directors have prepared a detailed integration plan which they intend to
implement immediately following Completion;

2) cement its position and become one of the largest broadcasters of gambling
channels and interactive services in the UK. A key element of this strategy will be the continued promotion of Channel 425 by working closely with William Hill to develop the channel and expand the service to cable;

3) launch of new broadcasting channels to expand the Group's dating and games
brands using DITG's existing technology, infrastructure and other resources;

4) expand the business into new international territories following the growth of digital television, particularly in the US where the Enlarged Group Board
believes digital television will continue to grow ( would suggest BB readers take a look at this link, and remember, that Turner Broadcasting, one of the largest USA broadcasters is already a client of Yoomedia via its Cartoon network channel - http://www.dtg.org.uk/news/news.php?id=653 )

5) develop and expand its portfolio of mobile and text to TV services both for
broadcasters looking to increase interactivity and for retailers looking to
increase consumer awareness of their brands ( during the news blackout period, we have already learn't of the high profile Nestle Kit Kash promotion that Yoomedia are involved with )

Current Trading and Prospects

Current Trading of YooMedia

1)Since the announcement of the interim results for the six months ended 30 June 2004 YooMedia has continued to trade in line with the Existing Directors'
expectations.

2) The Dating and Chat division has shown steady growth in revenue since it was
acquired in June 2004. Cost cutting measures have been implemented and the
division is currently operating at a breakeven level. The Existing Directors
expect that revenue will increase as the experienced management team from Jiles
Limited continues to improve the performance of Dateline and Club Sirius. The
division recorded turnover of approximately 400,000 in October 2004 at an
average margin of approximately 65 per cent. Yoo Chat has significantly reduced
the churn of subscribers and the subscriber base has increased by approximately
17 per cent. since the beginning of the year.

3) Both the YooMedia Mobile and iPublic divisions continue to make progress and
create opportunities for the Group with monthly losses reducing as revenues
continue to pick up. ( since this announcement - we have learn't of the Walkaway game on Celador's WWTMAM - piloted in the UK - an now rolling out in over 100 countries )

Current Trading and Prospects of the Enlarged Group

1)The Enlarged Group Directors estimate that, on an annualised basis, the revenues (with gambling revenues recorded net) of the Enlarged Group have grown by approximately 48 per cent. in the 10 months to 31 October 2004.

2) The Enlarged Group Directors estimate that the Enlarged Group will have pro
forma fixed costs of approximately 1.7 million per month (post implementation
of synergy savings). In October 2004, the Enlarged Group Directors estimate that on a pro forma basis the Enlarged Group would have recorded revenue of
approximately 1.8 million (with gambling revenues recorded net) with an
approximate contribution of 67 per cent. of this amount.

3) The Enlarged Group Board is confident that the Enlarged Group will achieve
positive cash flow by 31 March 2005. This is based on expected financial cost
savings (further described in the section headed 'Financial Effects of the
Proposals' in this announcement) and the revenue growth anticipated by the
Enlarged Group Board from the provision of services in the iTV market and
pursuant to the William Hill agreement.

4) Given the current trading and market positioning of the Enlarged Group, the
Enlarged Group Directors view the financial prospects of the Enlarged Group with confidence.

Competition

1) The Enlarged Group Board believes that successful entertainment companies, in the rapidly growing iTV sector, will be those that have the capability to
operate on all digital platforms and create unified brands across television,
internet and mobile. The Enlarged Group Board believes that the Enlarged Group
will benefit from this, as it will become the only independent operation,
following Completion, to have this offering. ( basically confirms we have little or no competition )

2) The relationship with Sky will continue to be important to the Enlarged Group.Over previous years YooMedia, DITG and TGC have all fostered close working relationships with Sky despite offering apparently competitive services, such as YooPlay on the Interactive Main Menu and the broadcast of competing channels.However, it should be noted that these products and services all generate additional incremental revenue for Sky. Furthermore, YooMedia has a number of revenue sharing arrangements in place with Sky, including Dateline and Fancy a Flutter; and Sky has chosen to broadcast these services through its own interactive portal, Sky Active. ( now take a look at the last results of BSKYB - great to be working with them.they need us as much as we need them )

3) The broadcast regulator, Ofcom, regulates the Sky platform which ensures that the Enlarged Group should be able to broadcast its TV and interactive channels on Sky. The Enlarged Group Board intends to continue to develop its already strong working relationship with Sky.( So - like BT has to let others compete with them - the same applies to SKY - they can't just dump Yoomedia - ofcom will ensure fair competition )

Financial Effects of the Proposals

1) The successful integration and consolidation of YooMedia, DITG and TGC is key to the future prospects of the Enlarged Group. On the basis of aggregating the financial results of the ongoing operations of YooMedia, DITG and TGC from the most recent financial years (being December 2003 and March 2004 respectively)the Enlarged Group would have had illustrative aggregate turnover of 61.27 million (gross of intra-group sales) and an operating loss of 13.45 million. These figures have been prepared for illustrative purposes only and no account has been taken of the amortisation of goodwill which arises on completion of the Acquisitions. It is emphasised that the illustrative figures do not relate to a statutory reporting entity and do not constitute a forecast of future performance.

2)The Enlarged Group Board expects to be able to implement minimum cost savings of approximately 2 million for the Enlarged Group per annum. Principally this will be through the removal of duplicated fixed costs and the increase in purchasing power. The Existing Directors are confident of the Enlarged Group's ability to consolidate the businesses principally into one entity as, during 2004, a number of businesses were consolidated into the YooMedia Group, thus allowing the Enlarged Group to benefit from the experience of the management team and the existing infrastructure available to reduce cost centres and centralise various back office activities. The Enlarged Group Board has indicated that it is its intention following implementation of the Proposals to safeguard the existing employment rights, including pensions rights, of the employees of the Enlarged Group.

3)The Enlarged Group Board expects the Enlarged Group to achieve positive monthly operating cashflow by 31 March 2005. Further to this, when the Enlarged Group achieves profitability it will utilise its accumulated tax losses, which are estimated to be approximately 29 million.( my own text added - great news - no tax to pay this financial year )

Directors

1)Dr. Michael Sinclair, Executive Chairman, Age 61 Dr. Michael Sinclair holds numerous directorships in both the UK and USA. Michael is Chairman of Sinclair Montrose Trust Ltd and AIM traded Totally plc as well as being a director of Magnet Films. In 1986 he founded Lifetime Corporation, a NYSE listed company which was sold in 1993 for over US$600 million. ( my own text added here - very important to note the ability and financial credibility of our Chairman )

Lock-in arrangements

1)In accordance with the Placing Agreement and the Acquisition Agreements, each of the Existing Directors, the Proposed Directors, Peter Wilkinson, Neil MacDonald and certain of the remaining Vendors, who, individually on Admission, will hold more than 1 per cent. of the Enlarged Issued Ordinary Share Capital have agreed,subject to certain exceptions, that they will not dispose of any of their shareholdings in the Company held by or on behalf of that Director or Proposed Director or Shareholder at the date of Admission until the earlier of 31 March 2006 and the publication of the audited results of the Company for the year ended 31 December 2005 without the prior written consent of Evolution Securities. They have also agreed to orderly market provisions for the 12 months thereafter. In aggregate, the lock-in arrangements referred to in this paragraph are in respect of 127,143,000 Ordinary Shares, representing 28.26 per cent. of the Enlarged Issued Ordinary Share Capital.( my text added here - what confidence they must have to lock themselves in like this )

End

Sorry to bore those on this board that already know this document inside out - but for the benefit of new readers here, I think the above summarises a lot of what we will see in the trading update soon - and when confirmed that the integration has been sucessful - backed up by confirmation of profits after March 2005 - watch the SP closely.

Yoomedia smells of growth - look at their past record - pre merger, and look at it now - we have a company that has gone from a turnover of a little over 300 K two financial years ago - to the potential of 100 million + during 2005 - amazing and a credit to the management.

Regards

moneyplus - 21 Feb 2005 14:56 - 700 of 3776

All exciting reading -great potential for holders to make money so I'm holding long term to see if my gut instinct is correct. Plenty of time to accumulate which I hope to do as the SP reacts to figures and it might be a while before the results of all the corporate activity pay off. Once they start using the accumulated losses I expect the SP to rocket. IMHO thanks for the regular postings Mac. cheers MP
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