Motion Network Holding (MNH) heads South.
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stock market/Media
Motion Network Holding (MNH) heads South.
MNH and TV4YOU will be partners for Southern Europe: Spain and Portugal. TV4YOU is ready to operate as MNH representative in the Iberian Peninsula. It already represents Chello media, MGM, Al Jazeera international, Vodafone, Cabovisao, Portugal telecom. Thanks to this wide experience, TV4YOU is fully operational and ready to go.
Ninety-eight percent of Spanish households have a television set, 86% have a color receiver (in contrast, 76% have a radio). On average, Spaniards watch about three and a half hours of television a day, mostly in the afternoon and late evening hours. Five national channels now serve a Spanish population of 39.4 million and a television audience of 29.2 million. Of these five, two, TVE- I and TVE-2 are state-owned, financed by subsidy and advertising. Antena -3 and Telecinco are private channels, financed by advertising ; Canal+ is private, financed by subscription. 3 million TV households were connected with 1 million subscribing to cable television in the year 2000. In the 1990s, TVE's subsidy has not helped it overcome the growing debt of the company, despite its stable position in the market. In contrast, the private firms have been profitable.
Ninety-six percent of Portuguese households have a television. In Portugal, satellite is only proposed as a substitute for cable in some rural region, thus in comparison with cable the number of subscribers is very small. In the fourth quarter of 2007 Portugal had 1.96 million subscribers to the services of subscription TV supported by cable distribution networks or satellite (DTH) - around 2% more than the number recorded in the previous quarter. As of the end of December 2007, the total number of cabled households for all operators stood at around four million, 63 thousand more households than in the previous quarter, an increase of 1.6%. For the same period the number of subscribers to the cable television services, 1.49 million subscribers, grew by around 1%, an addition of 20 thousand customers. Meanwhile, year-on-year, there was an increase of around 5%, representing the addition of around 69 thousand new subscribers. At the end of 2007, Cable television service subscribers represented around 27% of all Portuguese households. At the end of 2007, the television distribution service using Direct To Home (DTH) technology had 476 thousand subscribers, 3.9% more than in the previous quarter and 9.3% more than in the same quarter of 2006. In absolute terms, this translates to 18 thousand more subscribers during the quarter. The Telecine channels, the cinema channels produced by joint venture Premium TV, are actually packaged in Brazil and beamed to Portugal. This results often in an erratic picture quality and in the fact that subtitles are in Brazilian and not in Portuguese. There is no Portuguese cinema channel.
TV4YOU has a large experience for services both for TV operators, Mobile Phone operator, Technological companies and for TV channels. It covers the whole spectrum of the media world implementing locally what MNTV do globally. With more than 5 years of experience, TV4YOU is a specialist in negotiating TV Channels contents for NVOD, VOD and Digital TV as well as general programming such as information and entertainment.? It also provides for a global approach of the market inclunding Marketing, Communication and Advertising. It makes the link between upstream and downstream.
The partnership will combine Motion Network Holding European vision and network with a deeply rooted experience and coverage in all aspect of the domestic media and entertainment industry from TV4YOU.
About Motion Network Holding Plc ("MNH")MNH operates in the sector of communication and provides B2C and B2B services in the area of Television, IPTV, Internet, media content production and post production, software and retail. MNH operating services cover mostly Europe, Far East and the US. MNH's wholly owned Luxembourg subsidiary Motion Network TV
("MNTV") is the main group company that operates as a pan European film and
music dedicated TV channel. For further information visit
http://www.motionnetworktv.com.About TV4YOU
With more than 5 years of experience, TV4YOU is a specialist in negotiating TV Channels contents for NVOD, VOD and Digital TV as well as general programming such as information and entertainment.? It also provides for a global approach of the market inclunding Marketing, Communication and Advertising. TV4YOU has knowledge over the international content market as well as excellent relationships with Majors of the entertainment industry, thus TV4YOU is extremely competitive in this area. International partnerships already established with countries such as Spain, France, Brazil, Angola, Mozambique and Cabo Verde, guarantees the implementation of global solutions. For further information visit http://www.tv4you.pt/
end of announcement euro adhoc
Further inquiry note:
Christophe Kourdouly
Telefon: +33 1 72 100 214
E-Mail: christophe@antetimeprod.com
Branche: Media
ISIN: GB00B291K520
WKN: A0M910
Börsen: Börse Frankfurt / Open Market