MNH plc takes a minor stake in French independant IPTV
// Informations: PR
PARIS, AUGUST 1st,
2009.
Going on with its european deployment strategy, Motion Network Holding plc (MNH) strengthens its network in France by taking a 14,86% sharehold stake of Télévision Numérique Alternative sarl (TNA).
MNH will now on benefit from TNA's IPTV broadcast expertise - IPTV is widely adopted in France (1) - as well as TNA's position in French independant production. As a french TV channel, TNA will also allow MNH's production to benefit from public support funds.
MNH and TNA both undertake a partnership which will develop each others assets and allow a strong penetration of the French market for MNH's upcoming services.
MNH will thus be able to offer better programs to a larger French audience at a most reduced cost.
Going on with its european deployment strategy, Motion Network Holding plc (MNH) strengthens its network in France by taking a 14,86% sharehold stake of Télévision Numérique Alternative sarl (TNA).
MNH will now on benefit from TNA's IPTV broadcast expertise - IPTV is widely adopted in France (1) - as well as TNA's position in French independant production. As a french TV channel, TNA will also allow MNH's production to benefit from public support funds.
MNH and TNA both undertake a partnership which will develop each others assets and allow a strong penetration of the French market for MNH's upcoming services.
MNH will thus be able to offer better programs to a larger French audience at a most reduced cost.
Motion Network Holding plc takes a
minor stake in French independant IPTV.
PARIS, AUGUST 1st, 2009. Going on with its european deployment strategy, Motion Network Holding plc (MNH) strengthens its network in France by taking a 14,86% sharehold stake of Télévision Numérique Alternative sarl (TNA).
MNH will now on benefit from TNA's IPTV broadcast expertise - IPTV is widely adopted in France (1) - as well as TNA's position in French independant production. As a french TV channel, TNA will also allow MNH's production to benefit from public support funds.
MNH and TNA both undertake a partnership which will develop each others assets and allow a strong penetration of the French market for MNH's upcoming services.
MNH will thus be able to offer better programs to a larger French audience at a most reduced cost.
About Motion Network Holding Plc ("MNH") MNH operates in the media and entertainment sector providing services in the areas of Broadcast Television, IPTV, Internet and TV commerce, as well as media content production and post production. MNH's wholly owned UK subsidiary, Motion Network TV ("MNTV"), will soon operate as a pan-European TV channel dedicated to film and music. For further information visit http://www.motionnetworktv.com . The information in this press release constitutes "forward-looking information". Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise. Contact-information:Motion Network Holding Plc, Crown House – 72 Hammersmith Road – LONDON W148TH www.motionnetworktv.com Investor Relations:Connecting Markets GmbH, Große Bockenheimer Straße 50, 60313 Frankfurt Tel. + 49 (0) 69 21 65 59 10 FAX + 49 (0) 69 21 65 59 11 call free 00800 6684 6624 email: info@cmir.de
About Télévision Nunérique Alternative SARL :
Télévision Numérique Alternative sarl publishes TNA, first French television channel created for the ADSL generation. TNA is all about being diverse : TNA selects and airs independent TV production, wherever it comes from famous professionals or talented amateurs.
Available without extra charge through all four main ISP – Free, Orange, Alice and Neufbox by SFR – TNA's coverage reaches almost 7 million homes in France.
Television Numerique Alternative – 31 Avenue de Ségur 75007 PARIS
www.tna-tv.org
(1) France is IPTV leading european country as french Internet service providers (ISPs) have embedded IPTV to their services since – those "triple-play" offers quickly became standard. As a result, by 2009 first quarter, 7.2 million homes have IPTV in France. IPTV has had a sustained annual growth rate over 45% for the last 3 years.
quote : ARCEP 2009
PARIS, AUGUST 1st, 2009. Going on with its european deployment strategy, Motion Network Holding plc (MNH) strengthens its network in France by taking a 14,86% sharehold stake of Télévision Numérique Alternative sarl (TNA).
MNH will now on benefit from TNA's IPTV broadcast expertise - IPTV is widely adopted in France (1) - as well as TNA's position in French independant production. As a french TV channel, TNA will also allow MNH's production to benefit from public support funds.
MNH and TNA both undertake a partnership which will develop each others assets and allow a strong penetration of the French market for MNH's upcoming services.
MNH will thus be able to offer better programs to a larger French audience at a most reduced cost.
About Motion Network Holding Plc ("MNH") MNH operates in the media and entertainment sector providing services in the areas of Broadcast Television, IPTV, Internet and TV commerce, as well as media content production and post production. MNH's wholly owned UK subsidiary, Motion Network TV ("MNTV"), will soon operate as a pan-European TV channel dedicated to film and music. For further information visit http://www.motionnetworktv.com . The information in this press release constitutes "forward-looking information". Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise. Contact-information:Motion Network Holding Plc, Crown House – 72 Hammersmith Road – LONDON W148TH www.motionnetworktv.com Investor Relations:Connecting Markets GmbH, Große Bockenheimer Straße 50, 60313 Frankfurt Tel. + 49 (0) 69 21 65 59 10 FAX + 49 (0) 69 21 65 59 11 call free 00800 6684 6624 email: info@cmir.de
About Télévision Nunérique Alternative SARL :
Télévision Numérique Alternative sarl publishes TNA, first French television channel created for the ADSL generation. TNA is all about being diverse : TNA selects and airs independent TV production, wherever it comes from famous professionals or talented amateurs.
Available without extra charge through all four main ISP – Free, Orange, Alice and Neufbox by SFR – TNA's coverage reaches almost 7 million homes in France.
Television Numerique Alternative – 31 Avenue de Ségur 75007 PARIS
www.tna-tv.org
(1) France is IPTV leading european country as french Internet service providers (ISPs) have embedded IPTV to their services since – those "triple-play" offers quickly became standard. As a result, by 2009 first quarter, 7.2 million homes have IPTV in France. IPTV has had a sustained annual growth rate over 45% for the last 3 years.
quote : ARCEP 2009