Motive Television another step closer to Tablet TV

Motive Television's (MTV) shares surged Wednesday as the company announced the next stage of development in its Tablet TV technology.

Motive Television's (MTV) shares surged Wednesday as the company announced the next stage of development in its Tablet TV technology.

The London-listed joint venture with Granite Broadcasting Corporation in the US will bring live broadcast television and video-on-demand to tablets and smartphones.

MTV said it will unveil a pilot demonstrating the full suite of the Tablet TV features at Granite's KOFY station in San Francisco in mid-2013.

It will show how the technology is broadcast directly to tablets over the standard live ATSC digital terrestrial signal.

"The demonstration pilot at KOFY in San Francisco is the next step in readying tablet television for the US market introduction," said Leonard M Fertig, Chief Executive Officer of MTV.

"Tablet TV continues to move toward its launch and becoming a significant player in delivering content to the fastest growing segment of television viewing. It will permit the television industry to see Tablet TV in action, prove Tablet TV's technical capabilities in a television broadcast environment, and make our consumer appeal apparent."

The demonstration will be followed by a market field test with tablet TV equipped T-Pods later in the year before rolling out the product.

The consumer features available on tablets will include live viewing of local broadcast stations, recording of live television with PVR functionality, datacast delivery of video-on-demand content, and integrated social media. It will be operated from Granite's KOFY station.

The product will allow tablet users to watch television from public and commercial networks in their city.

"We are working together to create a new way that American viewers can enjoy their favourite broadcast television programs on the exponentially growing number of tablet screens," said Peter Markham, Chairman of Granite.

"As a broadcaster we see Tablet TV as a source of additional viewing convenience for the public and a win-win for the industry."

RD

Recommended

The MoneyWeek Podcast: picking stocks is fun, but you need to do your homework
Investment strategy

The MoneyWeek Podcast: picking stocks is fun, but you need to do your homework

John Stepek talks to Steve Clapham, investor, analyst and author of The Smart Money Method, about the dangers in picking individual stocks and why you…
8 Apr 2021
BP looks set to return more money to shareholders as it beats expectations
Energy stocks

BP looks set to return more money to shareholders as it beats expectations

Oil major BP is to embark on a share buyback programme after significantly reducing its debts. Saloni Sardana looks at what it means for your portfoli…
6 Apr 2021
Deliveroo has hit the market – but it’s not getting the warmest welcome
UK stockmarkets

Deliveroo has hit the market – but it’s not getting the warmest welcome

Food delivery company Deliveroo made its debut on the stockmarket this morning. But with the share price sliding by 30% straight away, it’s not made t…
31 Mar 2021
Three stocks to buy now that will come back stronger after Covid-19
Share tips

Three stocks to buy now that will come back stronger after Covid-19

Professional investor Ed Wielechowski of Odyssean Capital, chooses three compelling stocks that should thrive in a post-pandemic world.
29 Mar 2021

Most Popular

The bitcoin bubble will burst: here’s how to play it
Bitcoin

The bitcoin bubble will burst: here’s how to play it

The cryptocurrency’s price has soared far beyond its fundamentals, says Matthew Partridge. Here, he looks at how to short bitcoin.
12 Apr 2021
What does the Coinbase listing mean for bitcoin and other cryptocurrencies?
Bitcoin

What does the Coinbase listing mean for bitcoin and other cryptocurrencies?

As the bitcoin price hit new highs, the world's biggest cryptocurrency exchange, Coinbase, listed on the stockmarket. John Stepek looks at what that m…
15 Apr 2021
Properties for sale for around £400,000
Houses for sale

Properties for sale for around £400,000

From a converted church in Banffshire with views towards the Cairngorms National Park, to a period property in the Georgian market town of Beverley, e…
2 Apr 2021