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.
iturama
- 11 Aug 2005 08:22
- 2421 of 3776
In my opinion this is more likely to go to 15p, rather than below 10p. Good support and consolidating at current levels. Once it breaks through 15p...
bhunt1910
- 11 Aug 2005 08:50
- 2422 of 3776
I hope you are right
Baza
TANKER
- 11 Aug 2005 09:39
- 2423 of 3776
yes he is correct.
TANKER
- 11 Aug 2005 09:59
- 2424 of 3776
the whole maret is false today .take no notice .big rise on way on all markets ,
bhunt1910
- 11 Aug 2005 10:08
- 2425 of 3776
Tanker - I hate it when you just come out with statements like that - but so far you have proved to be pretty accurate
Baza
mactavish
- 11 Aug 2005 10:14
- 2426 of 3776
It was a tree shake to fill 2*500k buys. Mugs fell for it lol.
mactavish
- 11 Aug 2005 15:04
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Yoomedia PLC
11 August 2005
For immediate release
11 August 2005
YooMedia launches YooPlay TV channel
YooMedia, the interactive media group, is pleased to announce the launch of a
new channel on the Sky Digital platform - YooPlay TV (channel 279) - in a joint
venture with broadcaster Five.
YooPlay TV, which started broadcasting last week, features a mix of
participation and interactive entertainment including YooMedia's Puzzle Time and
Cash Quiz formats, which were recently trialled on the Avago channel. From
Monday 15 August, the channel will also feature an extended version of Five's
daily quiz show Brainteaser for a pilot run. Produced by Endemol UK, Brainteaser
runs on Five during weekdays 13:00 to 14:00, and the extended version will be
broadcast on YooPlay TV daily between 14:00 and 18:00.
The joint venture agreement allows for Five to cross-promote the extended
version of Brainteaser on YooPlay TV from its channel. Five will be running
promotional inserts for the extended version during and after the broadcast of
Brainteaser on Five.
Neil MacDonald, group managing director of YooMedia, said: 'We are delighted by
the prospect of both developing the YooPlay brand through the launch of this
channel and the regular broadcast of our own participation TV show. The
opportunity to host an extended version of the UK's most successful format of
this type and to work with partners such as Five and Endemol is an added bonus
for YooPlay TV.'
Jonathan Lewis, Five's head of commercial development, said: 'Brainteaser has
proved to be a real interactive success story and so the logical next step was
always to extend this winning format onto other platforms. We also believe
Endemol's experience in this area will deliver the high-quality production that
Five's viewers demand of this type of programming.'
YooPlay TV is not expected to make a material contribution to YooMedia's
operating profits in the financial year to 31 December 2005. The agreement with
Five is for an initial 13-week pilot phase with an option to extend the
arrangement into 2006.
Enquiries
Neil MacDonald
Group managing director
YooMedia plc
+44 (0) 20 7462 0870
John Murray/Sorrel Beynon
Powerscourt PR
+44 (0) 20 7236 5615
This information is provided by RNS
The company news service from the London Stock Exchange
mactavish
- 11 Aug 2005 22:30
- 2428 of 3776
YOO - IMO this will now keep rising as the management have obviously taken on a more positive stance as far as PR is concerned. The company are very confident of turning August into a cash-generative month. It has started very well. Results are slightly earlier in September because of Michael Sinclair going to the USA on YOO business. I wonder who he is meeting?
I have a target of 16-20p prior to results. The positive looking statement at results should send this up to around 30p before year end.
After speaking with Michael Sinclair, funnily enough, he doesn't even view the Trading Statement as a true profits warning. The money will come, probably more than earlier anticipated, but slightly later. He is very confident for 2006. I think the market will think the same way.
paulmasterson1
- 11 Aug 2005 22:37
- 2429 of 3776
Hi All,
Re the drop back, I reckon 8p is the minimum, as that is 50% of the recent rise to 12p.
I think that the price will drift, until profitability is announced, then watch it rise and rise :)
A traders dream at the moment ....
Cheers,
PM
mactavish
- 11 Aug 2005 23:50
- 2430 of 3776
City slicker, Mr Sinclair will form the big partnerships and deals in the states.
He told Paul Smith he has good contacts over there and YOO see the American market as a tremendous opportunity for Yoomedia.
Dil
- 12 Aug 2005 01:06
- 2431 of 3776
MacbullshIt ... can you back up your statement re: August.
Pauly ... it won't reach profitability imo , all the announcements are total crap ... get the share price up to gets the rights issue away at better price as far as I can see ... no one watches any of these saddo channels so more money down the drain.
ibizamatt
- 12 Aug 2005 08:23
- 2432 of 3776
Im up 9% after two days. No complaints here. Going to hold.
mactavish
- 12 Aug 2005 09:21
- 2433 of 3776
MEETING WITH DR SINCLAIR
Dr Michael Sinclair was an extremely nice gentleman who was 100% open with the three of us. He answered most of the questions we asked without, at any point, giving out price sensitive information. He stated clearly that he has been involved with many companies in the past some of which have clearly been market leaders but never before has he been involved in a company that has the potential to be the market leader WORLDWIDE. Never before has he been as enthusiastic about a company as he is about Yoomedia.
1. Are rumours about a MBO true? The share price has been depressed for a while and certain investors are suspicious.
There is absolutely no truth in this whatsoever.
2. There seems to be a lack of communication with investors. We are hearing news from third parties eg dateline, pokechannel etc. The website communication is poor. Perhaps emailing this news to investors would keep them updated.
It is our policy only to issue an RNS when the news really is very significant for us. We are not like other companies that issue RNS every week simply for the sake of issuing them. Thats why when YOO issue an RNS, you can believe it is VERY significant. I accept that the website could be updated more regularly and these pieces of news could appear there. I will look into this as well as emailing investors. Poker channel was a great tie up and significant but probably not VERY significant. Our divisions are extremely busy and we sign hundreds of deals a year we cannot possibly release an RNS for all of them.
3. Are you disappointed with the current state of the share price?
Of course all shareholders will be disappointed with the current shareprice. I have always maintained that the aim of the company must be to generate profits the share price will the always follow. To generate profits is our aim.
4. The Trading statement about games and gambling was a surprise and a disappointment. How does the partnership with William Hill work, we do not really know much about the partnership, and the how Yoomedia derive their revenues from this partnership.
We really had to make the statement. I am of course disappointed with the reaction of the market to the Trading Statement and the resulting share price. The reason for the warning, and many astute investors have worked it out, is the contribution from William Hill. The William Hill contract was a very very significant contract. This would have made a significant contribution to Games and gambling. Unfortunately for YOO, William Hill buying Stanley leisure changed matters as Stanley Leisure were and are committed to Alphameric to the end of the year. This means that we cannot supply our services until the end of the year. However, it also means that the contract is potentially a bigger one than we originally thought as the William Hill group is now bigger. They have a 5 year commitment to us and these revenues should start coming in at the beginning of 2006.
(IMO this is very significant. They are EBIDTA positive despite no contribution from William Hill. Alphameric made a mint out of Stanley Leisure so you can imagine how much YOO will make next year once they are out of the way)
5. Why did David Docherty leave? Was it because of the underperformance of Gambling and Games?
DITG has been a massive boost to the company and the synergy with YOO has advanced YOO to a much higher level than otherwise possible. Certainly, the cost savings to the businesses has been larger than we anticipated as the two businesses complement each other well. David Docherty was a man of vision and must take a great deal of credit for where the company is today. However, the aim of the company is to generate cash. To generate cash, the most important and most fundamental aspect to a sound business is to concentrate on the core businesses. David Docherty, who is a close personal friend of Sinclair, had lots of ideas about various aspects of the business. However, when all the company divisions were analysed, it seemed that Neil McDonald who was in charge of the core divisions, was outperforming the rest and the decision was taken to make him the MD. Neil McDonald is a very driven individual and prides himself on delivering the goods.
6. How confident is he of executing the stated objectives for the rest of the year, as detailed in the trading statement, by year end. What impact might this have on 2006 EPS? Are we still going be cashflow positive by Q3?
The main aims of the group was to be EBIDTA positive by March and we have achieved that. The second aim was to continue to be EBIDTA positive and we have achieved that. That is a big turnaround from losing 800k a month in November 2004. Obviously the aim is to be cash flow positive by Q3. Interim results should be released early September.
7. What are Yoomedia's international plans?
The reason for the rapid development of digital and interactive television in the UK has simply been as a result of SKY and Rupert Murdoch. We see the USA as our biggest overseas potential market. I have contacts there and now that Rupert Murdoch has set his sights over there, we see that as a big opportunity for us. We are looking at the USA especially in view of the fact that certain aspects of gambling will be deregulated next year. I would be very surprised if YOOmedia were not a major player in exploiting the interactive market there.
8. How is the 'Broadband TV' trial with NTL/ICTV going?
The NTL Executive we initially gave the presentation to started dancing on our boardroom table when he saw our presentation. The trial started but unfortunately he has since left the company. We then had to go through the whole process again. There are trials ongoing most notably in Glasgow and feel that this is a significant opportunity for YOO in the future.
9. Will the NHS contract be rolled out on Cable and Freeview? It would appear Ipublic has disappeared from the website, no news was given about this happening, are we to assume that Ipublic has been closed ???, and if so, why were shareholders not told ??
We are working on it. iPublic is an important part of YOOs future strategy. It certainly has not disappeared. The interactive NHS Direct section accessed by the red button on SKY has been a huge success. We are responsible for the whole interactive component on SKY and is accessed by thousands of SKY viewers. We are in the stages of commercializing it and this should happen over the course of next year. We believe interactive television has a significant part to play as far as the health sector is concerned and was one of the reasons I got involved with Yoomedia.
10. How is the relationship of YOO with ITV?
We have an excellent relationship with 11 TV channels and ITV is one of them.
11.Is YOO still in Celadors plans and specifically WWTBAM? We know that Celador will be rolling out WWTBAM worldwide, will YOO be involved? Is MIG taking business away from YOO?
We have a strong relationship with Celador and I would be very surprised if Yoomedia did not figure in Celadors plans for international rollout of WWTBAM? MIG provides different technology to us. We have the patent for time-stamping technology.
12. What is happening at fancy-aflutter online, the site has been down for a while now, is it going to relaunch?
There is a limit to how many sites we are allowed to maintain. Nobody has lost any money by FAF not being online. It is being incorporated into the other fixed-odd gaming sites and will attempt to streamline this aspect of the business. The website will be updated soon. FAF was much more important to YOO for its tie up with SONY.
There were a few other questions that Paul and Graham asked but I am knackered so they can fill in the gaps. This information was worth 100 RNSs to me. I reiterate, this was a much more positive meeting than I had hoped from a very calm, open and honest chap. I am very confident in YOOs future.
moneyplus
- 12 Aug 2005 11:13
- 2434 of 3776
up again today and many of the buys yesterday were large ones--I wish I could afford to buy in those quantities!! I expect profit taking later though.
mactavish
- 12 Aug 2005 11:56
- 2435 of 3776
From Media Week
8.30am: Terrestrial broadcaster Five is making a tentative first step into the world of digital television by forming a joint venture with interactive media group YooMedia.
The pair launched YooPlayTV last week and the first Five programming an interactive four-hour extended version of its kids quiz show Brainteaser - will broadcast from Monday 15 August.
The Endemol-produced show will include high-quality quizzes and games, but will be free from advertising breaks.
The remaining 20 hours of programming on the channel, which has taken slot 279 on the Sky platform, will include other YooMedia-produced quiz and puzzle opt-in shows, such as Quiz for Cash.
It is believed the channel was well into its final development phase before discussions took place recently between YooMedia and Five to make the channel a joint venture between two pair.
Jonathan Lewis, head of commercial development at Five, said: Brainteaser has proved to be a real interactive success story and so the logical next step was always to extend this winning format on to other platforms.
We also believe Endemols experience in this area will deliver the high quality production that Fives viewers demand of this type of programming.
The launch gives Five its first presence in the multi-channel television arena and comes just weeks after German-owner RTL took full control of the company, sparking rumours that its long-awaited move to digital would finally become a reality.
Neil MacDonald, group managing director of YooMedia, said: We are delighted by the prospect of both developing the YooPlay brand through the launch of this channel and the regular broadcast of our own participation TV show.
The opportunity to host an extended version of the UK's most successful format of this type and to work with partners such as Five and Endemol is an added bonus for YooPlay TV.
The collaboration between Five and YooMedia is expected to last 13 weeks, when a review of the project will be carried out with a extension of the deal earmarked into 2006.
By Kevin May
moneyplus
- 12 Aug 2005 12:05
- 2436 of 3776
just added a few more--the buy price still up but they have dropped the sell price!
mactavish
- 12 Aug 2005 14:58
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From Broadcast magazine:-
Five ventures into multichannel world
Helen Groom
12 August 2005 11:04
Five has announced its first venture into mulitchannel TV with a joint venture with interactive media group YooMedia.
From Monday, YooPlay TV will pilot an extended version of Five's daily quiz show Brainteasers.
The pilot will run for thirteen weeks initially, with an option to extend the deal into 2006.
The extended version, which will be cross promoted on Five's terrestrial channel, will be broadcast on YooPlay TV following the normal daily show on Five. Brainteasers is produced by Endemol.
Yooplay TV, channel 279 on the sky digital platform, which launched last week, is an interactive quiz channel which includes YooMedia's Puzzle Time and Cash Quiz formats.
Five's owner RTL has been mooted as a possible buyer of Telewest's multichannel operation Flextech, which is set to be put up for sale for an expected price tag of between 800m and 1.1bn.
A Credit Suisse First Boston briefing to investors in July revealed that RTL would consider selling a stake in Five in order to fund its mulitchannel development.
Source:broadcastnow.co.uk
Regards
ibizamatt
- 12 Aug 2005 15:50
- 2438 of 3776
mactavish -
How did you set up this meeting - who are the other two who were present ?
I don't personally doubt that it took place - but perhaps you can add some info just for those that may question it ?
Many thanks from the Balearics.
iPublic
- 12 Aug 2005 16:03
- 2439 of 3776
ibizamatt
I can assure you the meeting took place two weeks ago. It signalled a big change of sentiment among retail investors. I did not go, but a friend of mine did. All genuine. I've spoken to Mr Sinclair on the phone and among other things, mentioned the meeting.
mactavish
- 12 Aug 2005 18:31
- 2440 of 3776
i was not at the meeting but it did take place. It was Paul Smith and two others. Any more info can be obtained form the ADVFN BB. i have personally spoken to Jonathan Apps on the phone and he was very upbeat about YOO. This has been confirmed by Mr. Sinclair at the meeting he had with the 3 shareholders.