Motive Television enters agreement with South African TV group
TV software and services group Motive Television said Thursday that its subsidiary, Motive Television Services, has entered into an agreement with Siyaya Free To Air TV to provide advisory services to Siyaya in conjunction with Siyaya's application to the Independent Communications Authority of South Africa (ICASA) for a broadcasting services licence.
TV software and services group Motive Television said Thursday that its subsidiary, Motive Television Services, has entered into an agreement with Siyaya Free To Air TV to provide advisory services to Siyaya in conjunction with Siyaya's application to the Independent Communications Authority of South Africa (ICASA) for a broadcasting services licence.
Siyaya has been shortlisted for a television broadcasting licence and Motive's role will be to assist Siyaya in gaining a licence and subsequently implementing its plans.
Leonard Fertig, Motive's Chief Executive Officer, said: "This contract is an initial step toward Motive implementing its technology with its fourth broadcasting client and most importantly its first in South Africa, a rapidly developing leading economy.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"It reinforces the appeal of our Television Anytime Anywhere product in developing markets and has potential to open up additional opportunities for Motive in the African region. We are pleased to be working with Siyaya, helping them achieve success with their television broadcasting licence and partnering with them in a major new TV platform."
The share price rose 4.62% to 0.034p by 09:40.
NR
-
House prices are falling in London but how does it compare to the rest of the UK?
Advice The capital remains the most expensive part of the UK to buy a property, but it isn’t being as badly hit by the housing market slump. Where are London house prices heading?
By Marc Shoffman Published
-
Will a Santa Rally provide festive cheer for investors this year?
News Equities often get a seasonal boost during December - will there be a Santa Rally in 2023?
By Marc Shoffman Published