DJ Motion Network Holding (MNH) heads South.
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ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
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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
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(END) Dow Jones Newswires
March 14, 2008 09:13 ET (13:13 GMT)
© 2008 Dow Jones News
