Motive television (MTV:L) have signed a deal with a major north american broadcaster for its BesTV technology, this is the first landmark deal for motive and we believe they are also close to another major deal in central europe.

London round-up issue 237119 - February 18th 2010

extract

http://uk.finance.yahoo.com/news/Motive-Television-Half-Yearly-afxcnf-3924138129.html?x=0&.v=1

Business locations


During the period under review, Motive established a Delaware-incorporated US subsidiary, Motive Television Inc., to address its growing business in the United States. The new subsidiary will be headquartered in New York (Xetra: A0DKRK - news) , with operational activities at various client locations.


Motive also has offices in London (headquarters and sales), Barcelona (Television Anytime set-top box engineering), Casablanca (Server-side engineering), Dublin (TV production) and Edinburgh (Television Anywhere technical development).


Sales progress: existing clients


Motive has continued to supply services and innovative solutions to help its first commercial client, the major European DTT broadcaster Mediaset (Dusseldorf: MDS.DU - news) spa, offer a growing array of features to its market. The successful Mediaset Premium On Demand platform has grown substantially in the past six months to provide services to hundreds of thousands of homes and a new package of features, which incorporates Motive's technology, has been launched this summer. Motive participates in the growth and success of the Mediaset platform through royalties on a per STB basis, as well as income for continuing engineering development on Mediaset's behalf. The Company anticipates a growing and deepening relationship with Mediaset in terms of innovation and engineering support, with additional new projects beginning in autumn 2011.


The second major client of the Company, a DTH pay platform in a large fast-growth market, which is served by Motive through a relationship with its middleware provider, is scheduled to launch its new services to consumers in autumn 2011. The Company has undertaken a year-long project to develop new solutions applicable to DTH push Video-on-Demand for this customer, which is nearing completion. Motive has achieved all its milestone commitments to the project and has been receiving progress payments as specified in the contract. The Company has, and will continue to receive, income from engineering development and integration work, plus has upside royalties to share in the success of its platform on a per STB basis.


Sales progress: Europe


During the period, Motive's wholly owned subsidiary, Motive Television Services Limited ("MTS"), entered into a Memorandum of Understanding ("MOU") with CME Media Services Ltd., a subsidiary of Central European Media Enterprises Ltd. ("CME"). The MOU outlines the next phase in CME's evaluation of Motive's Television Anytime Anywhere technologies as both partners work towards a commercial deployment.


The Company is in discussions with some of the largest cable operators in Europe with regard to its Television Anywhere and Video to Go products. Motive is also participating in a consortium that is bidding on a major contract with a national European broadcast transmission supplier. In addition, the Company is in active discussions with DTT broadcasters and pay television operators in many European nations.


Sales progress: USA


Motive Television Inc. reached an agreement with Granite Broadcasting Corporation for a pilot programme at KOFY-TV (KOFY), Granite (Tel Aviv: GRNT.TA - news) 's television station serving the San Francisco-Oakland-San Jose area of the Californian television market. Under the agreement, Motive will test the Advanced Television Systems Committee (ATSC) version of its Television Anytime Anywhere technology in San Francisco during 2011, in order to identify the most attractive features of the multi-faceted Motive platform for all of Granite's U.S. markets.


San Francisco is one of the most diverse and technologically sophisticated television markets in the United States. As one of the most innovative operators, Granite and its station, KOFY-TV, represent ideal partners for testing Motive's Television Anytime Anywhere technology in the U.S. market.


Additionally, the San Francisco Bay Area is home to Silicon Valley, meaning the pilot program will be showcased in the home of major technology corporations and investors. The Board believes this provides Motive with an opportunity to get its story heard and appear on the radar.


The Company is in conversations with additional US broadcasters that it believes may lead to significant business in 2012 and beyond. In addition, the Company is in discussions with major US cable operators regarding the use of its Television Anywhere and Video to Go technology.


Sales progress: Latin America


The Company reached agreement with Media Networks Latin America S.A.C. (Media Networks), a wholly owned subsidiary of Telefonica Internacional, for a commercial pilot at its operational headquarters in Lima, Peru and the potential rollout among Media Networks clients in Latin America.


Media Networks presently provides turnkey satellite distribution and technical operations services to seven self-owned and third party DTH and Cable pay television operators across five countries in South and Central America.



Research and development


In January 2011 the Company announced that it had successfully enabled the broadcasting of 3D television content to a set-top box using its Television Anytime software datacasting over the digital terrestrial television ("DTT") transmission system, in what the Directors believe to be one of the first in the world. This technology is now being used by our client Mediaset, Italy's largest commercial television broadcaster, which offers one 3D movie per month to Premium Video on Demand households.


The service, called "3VOD" by Motive, demonstrates the versatility and utility of the Television Anytime software for DTT broadcasters. While the number of 3D-enabled televisions is relatively small, this development positions Motive as an industry leader in this growing market.


The Company recently filed a new patent that further enhances its Television Anytime technology. The proposed patent, entitled "Ad Insertion Solution in a Push Environment" was filed on 11 February 2011 in Spain and will be extended across the European Union. This new technology permits broadcasters to introduce targeted advertising related directly to on-demand content viewed, thus increasing the efficiency of advertising spend while providing a new method for advertisers to reach viewers.


During the period the Company also developed Video to Go, a major advancement in its Television Anytime Anywhere platform, enabling the seamless loading of recorded movies and other pre-recorded material to laptops, iPads and other tablet and mobile devices. The advancement allows viewers to transfer a recorded file from their set-top box to a second screen, or mobile device, to watch anytime, anywhere without the need for an internet signal. For example, viewers can pre-load an iPad with content from a home set-top box for later viewing on an aeroplane, viewing in the back of a car, or commuting on a train.


This new technology brings together Motive's two patented capabilities, Television Anytime and Television Anywhere (US patent pending), into one product that allows a viewer to simply sideload content to any mobile device. It also provides opportunities for the hospitality industry, airport lounges and coffee houses to offer Video to Go to their customers.


Motive will be launching this product this autumn, enabling operators and broadcasters to provide:


The sideloading of VOD content for viewing anytime and anywhere on any iPad, tablet or mobile platform.

The provision of a branded device user interface with social networking interactivity.


Senior Management changes


During the period there were several senior management changes:


Graham Loader was appointed Chief Financial Officer, Group Finance Director and Company Secretary;


Anthony Combe was appointed Chief Technical Officer;


Dr. Glenn Craib was appointed Managing Director NXV Limited; and


The board of Adecq Digital S.L. terminated the employments of Andre Vanyi-Robin and of Giuseppe Flores
d'Arcais on 29 June 2011. Their positions have been filled by internal promotions.


Financial analysis


In the six months ended 30 June 2011, revenues were 1,094,563 (H1 2010: 370,818). This represents a 195 per cent. increase on the same period in 2010.


Loss from continuing operations for the six month period was 1,704,950 (H1 2010: 535,894).


Loss per share was 0.12p (H1 2010: 0.10p).


Shareholder Funds at 30 June 2011 were 2,585,733 (H1 2010: 11,350), this included cash balances of 996,020 (H1 2010: 152,422).



Summary


During the period under review, Motive has restructured and integrated two entrepreneurial businesses to create a highly motivated team of 27 engineers, marketers, and managers spread over five offices.


The Company has taken two separately developed technologies and combined them into an industry-leading platform, Television Anytime Anywhere, which has valuable features for terrestrial broadcasters and pay television operators.


We have maintained and grown the Company's strong relationship with its first client, Mediaset, one of the world's largest terrestrial broadcasters. In addition, the Board is hopeful that in a few months the Company will see the launch of services with our second client and first major DTH platform.


The Company announced its potential expansion into Central and Eastern Europe through a contract for planning possible services with CME; into the USA with Granite Broadcasting; and in Latin America with Telefonica (Other OTC: TEFOF.PK - news) 's Media Networks South America.


The Company is in serious discussions with a number of other broadcasters and pay television platforms on several continents and the Board is confident that these discussions will result in significant continued growth in future years.


We are continuing to develop additional features and capabilities of our platform, in conjunction with our existing and new clients.


Finally, I would like to take this opportunity to thank my fellow Directors, our managers, our staff and our advisers for their support and hard work on your behalf during the period.



Michael Pilsworth

Chairman

i do expect further cash calls here though

thanks for all that gibby. might accumulate more at this level.. will look out for the key date announcements....

gl skyhigh - i have now allocated some funds to buy mtv - but i am hoping for a little lower - will be keeping an even closer eye here for oppotunity - even at this level should not go far wrong when it exceeds 1p again!! most likely 2012 but lots going on right now so could literally be anytime!! cheers

heading for sub 2 - that is my new target - next news due early 2012 - but could be anytime!!!

Well Gibby I have tried Mining, Banking, Hedge funds, lets try T.V it cannot be any worse?? Can you believe I just said that?? Have bought in at .23p er indoors watches a lot of telly so I am investing in her future!! Lol

hi bb - can you give me advance warning again of which other sector you'll be trying lol!!? at least 'er indoors may be a bit more sympathetic as its tv this time?!

sorry to read you bought in at .23 on today's news - the ray of hope is that this should be the last placing till break even

but to be honest according to their broker we should not expect any sp moving news till q1 - but it could be anytime - just a pity you did not get in lower for more bang for your buck as it were

the guys here have a good history - rome wasnt built in a day - i would hang on
best of luck

nice director buying - pilsworth is no mug - clever guy - excellent business savvy

I'm staying in...good story developing...just need a bit of patience! (imho)

skyhigh - as i said q1 2012 - it is worth staying in but keep in mind # of shares

i wouldnt buy anymore on today's rns - it is good news towards the longer goal but at this stage not revenue generating - sp will slip again probably by this afternoon - gl

Sorry guys, but I still don't understand what it is they do...and why no-one else can achieve the same, by another means.
Read their website today and it's full of gobbledygook - which makes me fear others will be similarly put-off. Obviously when there is income streams that is easier to understand (even if the Tech isn't).
It appears to be Good News (RNS today), but as gibby says, not yet revenue-generating.

I hold a few, but am out of touch with the Techy.

I'm not to sure I want my TV viewing with additional "targeted" advertising - we have too many ads as it is and I think Advertisers' view of relevant advertising is no-where near mine. If I'm watching "The eagle has landed" - or "Mary Poppins for the umteenth time.... just what targeted advertising do I need?