UK-based TV technology services firm Motive Television has finalised an operation and services deal with South Africa’s Siyaya Free To Air TV.
Under the agreement, Motive will install, integrate, and operate Siyaya’s planned video-on-demand (VOD) platform, which is due to launch on the Sentech Freevision DTH satellite service in the first half of 2014.
“Once Siyaya has won a television license for digital terrestrial broadcasting, and when Siyaya subsequently launches services over DTT, Motive will serve as the primary technology partner for Siyaya,” said Motive.
The firm claimed that the Siyaya deal will deliver it a guaranteed minimum equivalent to £1.07 million (€1.29 million) at today’s conversion rate over the next five years, though estimates “the probable value of this project to be approximately £2 million.”
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24 September 2021 @ 17:55:00 UTC