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.
mactavish
- 02 Apr 2005 18:33
- 954 of 3776
TIME TO GAMBLE ON BETTING FIRMS?
Gamcare, a charity that works with problem gamblers, said the average debt of
clients rose 9% to 20,642 in 2003.
Fixed odds betting terminals caused considerable problems for 14% of its clients
having been "nowhere" in 2002.
It added that 5% of clients now said the internet was their main means of
gambling, but betting using INTERACTIVE TELEVISION featured for the first time,
the charity said.
Looks like its building up nicely...imo..
cavman
- 03 Apr 2005 17:49
- 955 of 3776
hi,
usually this share drops like a stone when there are sells...friday was the most sells i have ever seen (have only been watching about 2 months) and the price rises?
i dont get it. does anyone?
iPublic
- 03 Apr 2005 19:36
- 956 of 3776
April will be an extremely interesting month.
My position, 550k long.
016622
- 03 Apr 2005 22:53
- 957 of 3776
cavman, most "sells" were actually buys if you study the mid price / price / time movements. Also "big" buys are offered "discount" prices.
Eric, EVO move this share price around like i've never seen before! (well...not every day) they lower their bid to 3p below highest offer and then take their offer to the top of the tree.
Can't blame them for doing this, you would have to keep interest in this share if you owned that many!
Steve.
accord
- 04 Apr 2005 07:26
- 958 of 3776
accord
- 04 Apr 2005 07:30
- 959 of 3776
Aquisition of Viavision
Yoomedia PLC
04 April 2005
Embargoed until 07:00
4 April 2005
YooMedia plc ('YooMedia' or the 'Company')
YooMedia plc Acquires ViaVision Ltd
YooMedia plc, the UK's biggest independent interactive media company,
specialising in gaming, dating and the public sector, today announces the
acquisition of ViaVision Ltd ('ViaVision'), an independent broadcaster and
production company focused on the digital broadcast market.
YooMedia acquired 15 per cent of the issued share capital of ViaVision with the
acquisition of DITG in December 2004. The agreement is for the acquisition of
the balance of the issued share capital of ViaVision, currently held privately
by a number of shareholders. The shares have been purchased for a total
consideration of 8,500,000 ordinary shares of 1 pence each in the Company
('Ordinary Shares'). Of this total consideration 6,800,000 Ordinary Shares are
to be paid immediately, with the remaining 1,700,000 Ordinary Shares to be paid
as deferred consideration subject to the net current assets of ViaVision on
completion.
ViaVision manages five satellite television channels on the BSkyB platform, five
interactive television applications, four supporting websites and multiple
production projects. The company operates broadcast studios in the City of
London. Its range of entertainment and specialist TV channels includes Exchange
and Mart and Game-In.
Game-In TV, shortly to be rebranded as PokerZone TV, provides red-button gaming
to over 12,000 regular players, ranging from fixed-odds gaming formats to
traditional pub games and racing, on the Sky platform. A poker night featuring
documentaries and tournaments from around the world is broadcast every Monday,
Wednesday and Saturday.
The acquisition is expected to be immediately earnings-enhancing. ViaVision
reported a pre-tax loss of 331,000 on revenues of 1.3m in the year to 31
December 2004. Application has been made for 6,800,000 Ordinary Shares, which
will rank pari passu with the existing Ordinary Shares, to be admitted to
trading on AIM and it is expected that admission will occur on 8 April 2005.
Dr Michael Sinclair, chairman of YooMedia plc, said: 'This acquisition
consolidates our position in gaming and through Via Vision's work with Game-In
TV we gain crucial exposure to the poker market. It enables us to apply our
interactive media and mobile skills to poker, which is one of the fastest
growing content plays in our industry.'
For further information, please contact:
YooMedia Plc
David Docherty, chief executive 020 7462 0870
Powerscourt
John Murray 020 7236 5630
Kirsty Black 020 7236 5631
This information is provided by RNS
The company news service from the London Stock Exchange
hlyeo98
- 04 Apr 2005 08:26
- 961 of 3776
YOOMEDIA fails to break even...today
YooMedia looks to break even
MoneyAM
Independent interactive media company, Yoomedia, said it is on target for operating break-even by the end of March.
Current monthly revenues are around 8m, the group added.
YooMedia also announced today that it is to buy the remaining 85% of ViaVision Ltd, an independent broadcaster and production company focused on the digital broadcast market.
YooMedia will pay the vendors 8.5 million ordinary shares in the company, 6.8 million immediately and the remaining 1.7 million subject to the net current assets of ViaVision on completion.
ViaVision manages five satellite television channels on the BSkyB platform, five interactive television applications, four supporting websites and multiple production projects.
The acquisition is expected to be immediately earnings-enhancing.
Yoomedia's pretax loss in the year under review was 24m, up from a loss of 5.4m, after operating exceptionals of 5.9m, and depreciation, amortisation and impairment charges of 11m.
The group's turnover for the year rose to 21.3m from 700,000.
Chairman, Michael Sinclair, said each of the business units has performed well during the year and all of them are strongly poised for growth.
A Ruthies Fund
- 04 Apr 2005 08:43
- 962 of 3776
Di & iPublic
The potential is fabulous but the buyers seem to be waiting to see the cashflow before getting on board...similar to SEO I think...revenues of 8M per month ought to get this going don't you feel?
Ruthie
iPublic
- 04 Apr 2005 08:50
- 963 of 3776
It's pleasing to remove the uncertainty.
The Chairman's statement is the most bullish I've ever read and I'm still obsorbing the news. So much to discuss.
Estimated cost savings for the merger, as stated in the aquisition letter, 2m.
Actual cost savings, after merger 4.5m.
"The merger has lived up to our expectations and the two businesses are
already integrated, resulting in benefits in terms of scale and synergy. We look
forward with relish to the opportunities ahead."
iPublic
- 04 Apr 2005 08:52
- 964 of 3776
Get ready for huge volume today, as broker note is published mid morning.
http://www.evbgresearch.com/
mactavish
- 04 Apr 2005 09:49
- 966 of 3776
Acquisitions boost YooMedia
Published: 08:39 Monday 04 April 2005 < PREV | 1 | 2 | NEXT > TOTAL PAGES: 2
By: Algernon Craig Hall, Secret Buying Correspondent Printable Version
Following a year of busy acquisition activity interactive TV group YooMedia reports burgeoning top-line growth and a deal to secure control of Pokerzone TV.
YooMedia (YOO) today announced that turnover during 2004 had rocketed from 700,000 to 21.3 million. The group is now bringing in revenues in excess of 8 million a month and believes it is on target to achieve monthly operating breakeven from the end of March. The shares rose 0.5p or 3% to 16.75p.
The group reported an operating loss for 2004 of 21.3 million compared with 5.4 million last time. This year's loss included a 5.9 million exceptional charge and 11 million of depreciation and goodwill related charges.
The company, which operates the Avago TV gambling channels and the Dateline internet site, achieved impressive organic growth as well as its expansion through acquisition.
The two big deals last year were the acquisitions of Digital Interactive Television Group and Gaming Channel, which the company says have bedded down well. The acquisitions have given YooMedia the enviable position of being the only interactive TV group providing services across all four digital platforms Freeview, Sky, NTL and Telewest.
YooMedia currently runs three TV gaming channels and news today that it will purchase the remaining 85% of ViaVision, valuing the company at 4.3 million, will see it take control of Pokerzone TV. The group also operates a major satellite gaming portal that supports ten TV channels. Like for like growth for the division during the year was 50% and margins showed a big improvements.
The group's dating business, the UK's biggest, also did well during the year and plans are afoot to launch a TV dating service this year.
Following its busy 2004 YooMedia can also boast the accolade of being the biggest independent interactive solutions provider for digital TV. It currently provides technology and software services for 33 channels.
The company looks well positioned following the frenetic period of deal making and management is optimistic about prospects this year.
chad
- 04 Apr 2005 10:39
- 967 of 3776
Todays news just shows what a lot of rubbish YOOs detractors were spouting: a company thats in serious trouble doesnt snap up acquisitions like YOO has done.
mactavish
- 04 Apr 2005 12:18
- 968 of 3776
The Citywire article posted earlier has been updated !!!!
It now includes a VERY POSITIVE Citywire verdict !!!!
From citywire.co.uk
------------------------------------------------
Acquisitions boost YooMedia
Published: 08:39 Monday 04 April 2005 < PREV | 1 | 2 | NEXT > TOTAL PAGES: 2
By: Algernon Craig Hall, Secret Buying Correspondent Printable Version
Following a year of busy acquisition activity interactive TV group YooMedia reports burgeoning top-line growth and a deal to secure control of Pokerzone TV.
YooMedia (YOO) today announced that turnover during 2004 had rocketed from 700,000 to 21.3 million. The group is now bringing in revenues in excess of 8 million a month and believes it is on target to achieve monthly operating breakeven from the end of March. The shares rose 0.5p or 3% to 16.75p.
The group reported an operating loss for 2004 of 21.3 million compared with 5.4 million last time. This year's loss included a 5.9 million exceptional charge and 11 million of depreciation and goodwill related charges.
The company, which operates the Avago TV gambling channels and the Dateline internet site, achieved impressive organic growth as well as its expansion through acquisition.
The two big deals last year were the acquisitions of Digital Interactive Television Group and Gaming Channel, which the company says have bedded down well. The acquisitions have given YooMedia the enviable position of being the only interactive TV group providing services across all four digital platforms - Freeview, Sky, NTL and Telewest.
YooMedia currently runs three TV gaming channels and news today that it will purchase the remaining 85% of ViaVision, valuing the company at 4.3 million, will see it take control of Pokerzone TV. The group also operates a major satellite gaming portal that supports ten TV channels. Like for like growth for the division during the year was 50% and margins showed a big improvements.
The group's dating business, the UK's biggest, also did well during the year and plans are afoot to launch a TV dating service this year.
Following its busy 2004 YooMedia can also boast the accolade of being the biggest independent interactive solutions provider for digital TV. It currently provides technology and software services for 33 channels.
The company looks well positioned following the frenetic period of deal making and management is optimistic about prospects this year.
(Update) Following a year of busy acquisition activity interactive TV group YooMedia reports burgeoning top-line growth and a deal to secure control of Pokerzone TV.
Finance director Jonathan Apps told Citywire: 'To say we've been very busy is an understatement I wouldn't rule out any further acquisitions but I think it would be highly unlikely that we'd make an acquisition the size of BITG [Digital Interactive Television Group]'
YooMedia (YOO) today announced that turnover during 2004 had rocketed from 700,000 to 21.3 million. The group is now bringing in revenues in excess of 8 million a month and believes it is on target to achieve monthly operating break-even from the end of March. The shares rose 0.5p or 3% to 16.75p.
The group reported an operating loss for 2004 of 21.3 million compared with 5.4 million last time. This year's loss included a 5.9 million exceptional charge and 11 million of depreciation and goodwill related charges.
The company, which operates the Avago TV gambling channels and the Dateline internet site, achieved impressive organic growth as well as its expansion through acquisition.
Citywire Verdict:
The company looks well positioned and management is optimistic about prospects this year as more viewers get digital TV access and the taste for its interactive potential. Interactive content for mobile devices could also provide the company with major opportunities.
There was a research blackout while YooMedia undertook its buying spree and its house broker Evolution has held publishing forecasts ahead of today's results. At the time of writing the numbers, which will give a better idea of the shares' attractions, have still not been released. However, YooMedia's prospects do look exciting and the current monthly turnover and break-even position are encouraging.
There are also plans for further cost cutting afoot and 3.6 million of annualised cost synergies have already been implemented for 2005.
cavman
- 04 Apr 2005 12:23
- 969 of 3776
cheers '016622'
looking good then! go YOO
mactavish
- 04 Apr 2005 12:42
- 970 of 3776
I'm happy with what I see, turnover thru the roof, another acquisition to mop up a business that will immediately make money and 8,000,000 a month in the bank.
Add "WHO WANTS TO BE A MILLIONAIRE" in another 100 countries, friend recently watched it in Bulgaria, the massive addiction to online "dating" & "gambling" and YOO and I have a company that is going to make a hell of a lot of money in years to come.
Well done to ALL who stayed with it.
mactavish
- 04 Apr 2005 13:10
- 971 of 3776
The Group is by far the biggest independent interactive solutions provider for
digital television. It currently provides technology and software services for
thirty-three TV channels, some of the UK's biggest television shows ('Who Wants
to Be a Millionaire', 'Come and Have a Go If You Think You're Smart Enough'),
interactive advertisers, such as Honda, and interactive public services
television with NHS Direct Interactive and the Learning and Skills Council.
"Come and have a go...." combined with the National Lottery is set to be bigger than WWTBAM!!
http://www.waveguide.co.uk/latest/news050314.htm
Julian Clary - Lottery Show
BBC One's live interactive Saturday night quiz show, Come and Have A Go... has been re-commissioned for a second series as part of the National Lottery portfolio of shows, with new presenter Julian Clary.
The show will include the National Lottery draws, Lotto, Thunderball and Lotto Extra.
Clary said today: "I'm very excited to be part of this live groundbreaking interactive quiz show.
"I can't wait to get my hands on the general public once again, I do hope they'll be clean."
National Lottery Come and Have A Go... is a co-production between BBC Entertainment and Tailor-Made Films.
Miriam Segal, Managing Director of Tailor-Made Films, says: "National Lottery Come and Have A Go... is an incredibly exciting and truly interactive show which we are very pleased to have developed with the BBC.
"It's great to have Julian as our presenter."
National Lottery Come and Have A Go... will begin later in the spring season.
iPublic
- 04 Apr 2005 13:27
- 972 of 3776
mactavish
- 04 Apr 2005 14:03
- 973 of 3776
Via Vision has conceptually and creatively designed a range of entertainment and specialist TV channels including Game In, Exchange and Mart, Jobs and Sport TV services.
Via Vision can secure all broadcast licences, provide the necessary infrastructure and co-design initial graphics and look of each channel.
We are also able to purchase cost effective bandwidth and uplink services due to the economies of scale achieved by having multiple television channels within the group.
Via Vision can now offer a revolutionary broadband multicast product that allows companies to broadcast a live television channel over the Internet to all broadband users in the U.K. The new multicast technology allows companies to broadcast to an unlimited number of consecutive viewers 24hrs and day, 7 days per week for a fixed monthly cost.
Via Vision has a considerable studio resource with three active studios offering live and pre-record facilities in the heart of the city of London. Via Vision can also provide real and virtual sets and integrate shows with live SMS and telephony solutions.
Via Vision has considerable resource to produce professional editorial and advertising. Via Vision employs industry respected producers and directors that specialise in producing high quality results with comparatively low budgets.
Our in-house team is complemented by a wealth of freelance specialists that are utilised when demand requires.
Via Vision also has a full production and post-production capability of graphics, editing, and location filming equipment.
Via Vision has the capability to playout and uplink directly from our head office location in the city of London. Via Vision also provides a constant monitoring service and scheduling function for all channels.
Via Vision has teamed up with the leading Digital Interactive Television Group (DITG). Together we can provide 'state of the art' interactive services including shopping, voting, gaming and searchable database applications. The key to our product is that we can offer live integration with web content, thus allowing us to re-purpose existing content rather than having to create new material.