Motive Television licenses software to Sagemcom for Digiturk launchMonday, November 5th, 2012
Motive Television Completes Software License Agreement with Sagemcom; Licensing and Royalty Agreement in anticipation of commercial launch in Turkey
LONDON — Motive Television PLC (AIM: MTV.LN), the London-based television software and services company, announces that Motive Television Services Ltd., its fully owned subsidiary, has signed a five-year Software License Agreement with Sagemcom Broadband SAS for the use of Motive’s Television Anytime Anywhere technology in anticipation of the launch of commercial services by Digiturk in Turkey in the first quarter of 2013.
Under the new contract, Motive will receive a license fee for each set top box manufactured by Sagemcom for Digiturk in Turkey, plus time and materials as needed for technical support and training. Sagemcom can now commence the installation of Motive technology into set-top boxes for Digiturk for commercial use on a non-exclusive basis in Turkey.
On 18 October 2010, Motive announced, a contract for $1.1 million, for integrating its patented technology into Digiturk’s transmission system and Sagemcom’s set-top boxes in advance of the upcoming commercial launch. The project is currently in a soft launch and final testing status. Today’s agreement means that the Digiturk project moves from design and development and final testing to preparation for full commercial launch.
Leonard M Fertig, CEO of Motive Television (AIM: MTV.LN), said
“With 18 million television households in Turkey, and over 2.5 million Digiturk subscribers, the agreement represents a major opportunity for Motive in terms of size and potential deployment of our technology.
“It is also an important milestone, as Digiturk is the first satellite platform to use Motive’s advanced technology, and we are confident it may lead to new opportunities with other major satellite television operators.
Sagemcom is one of the world’s premier consumer electronic providers, and we look forward to this partnership creating more opportunities in the future.”