ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

FAL Falcon

0.75
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Falcon LSE:FAL London Ordinary Share GG00BYTLL975 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.75 0.50 1.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Falcon Media House Limited Building Intelligent Streaming with Tata

19/04/2017 7:00am

RNS Non-Regulatory


TIDMFAL

Falcon Media House Limited

19 April 2017

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

For Immediate Release

19 April 2017

Falcon Media House Limited ("Falcon", the "Group" or the "Company")

Falcon Media House

builds intelligent streaming for OTT sports

The offering addresses the underserved independent sports market and is powered by Tata Communications' media solutions and global network

Falcon Media House (LSE:FAL), the global internet broadcast media group focused on the over-the-top ('OTT') market, is pleased to announce it is working with Tata Communications, a leading provider of A New World of Communications(TM), to acquire connectivity, hosting and operational media workflow services that will power the Group's Teevee Direct-to-Consumer ('D2C') brand as related to in the Company's Prospectus dated 20 March 2017 which can be found on its website. The Teevee service will use the combination of the Group's recently acquired Quiptel Q-flow software and Tata Communications' network infrastructure to deliver seamless "buffer-free" live and on-demand sports programming across mobiles, tablets, desktops, set-top-boxes and smart televisions.

The first phase is expected to be operational in two US data centres, located in Santa Clara and New York, by 1 May 2017, followed by further support for a full Teevee service launch in the second half of 2017. Tata Communications' ability to support rapid growth provides Teevee with the ability to deliver a scalable, compelling consumer experience.

Falcon Media House Executive Chairman, Gert Rieder commented, "We are delighted to work with Tata Communications, tapping into the company's global network, sports industry and media services expertise. This is a landmark and critical relationship for Falcon Media House and through it we can make the most of our passion for the booming global OTT video market. Tata Communications' reach, scale and understanding of building dedicated video networks is unparalleled and gives us the confidence to focus on building our Teevee business without concern as we get access to a cost sensitive, on-demand scaling infrastructure. We look forward to working with Tata Communications going forward."

Brian Morris, Vice President and General Manager of Global Media and Entertainment Services business at Tata Communications, commented, "We love what Falcon Media House is seeking to do. Viewers deserve high quality access to their favourite sports, players and games irrelevant of the league. Many non-franchised sports around the world just do not get the same broadcast airtime as the top leagues, so it is a significantly underserved segment. We are proud to be enabling this innovative OTT service through our media services portfolio and our global network infrastructure."

**ENDS**

For more information visit www.falconmediahouse.com or enquire to:

 
 Falcon Media House Limited        info@falconmediahouse.com 
  Gert Rieder 
 St Brides Partners Ltd (PR) 
  Lottie Brocklehurst / Isabel     +44 (0) 20 7236 
  de Salis / Frank Buhagiar         1177 
 

About Falcon Media House

Falcon Media House (LSE:FAL) is a multi-divisional, global internet media group. We are building a new breed of media entertainment house for the way people want to consume live and on-demand video content. Our goal is to create an ecosystem where great technology meets great entertainment ideas and finds the right audience. The Group is capitalising on explosive demand for digital video, streamed "live" and "on-demand" known as the Over-The-Top (OTT) video streaming market. Falcon Media House operates three distinct and synergistic divisions:

-- Quiptel - the Technology Division: Innovative patented technology enabling "intelligent streaming" on any network to any device, dramatically reducing bandwidth consumption.

-- Teevee - the Broadcast Distribution Division: Direct to Consumer (D2C) branded OTT service, to bring unique and exclusive content to a global audience.

-- Teevee Makers - the Content Division: Specialist media and production company to produce content for own and third party broadcast distribution.

www.falconmediahouse.com

About Tata Communications

Tata Communications Limited (CIN no: L64200MH1986PLC039266) along with its subsidiaries (Tata Communications) is a leading global provider of A New World of Communications(TM). With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global network to deliver managed solutions to multi-national enterprises and communications service providers.

The Tata Communications global network includes one of the most advanced and largest submarine cable networks and a Tier-1 IP network with connectivity to more than 240 countries and territories across 400 PoPs, as well as nearly 1 million square feet of data centre and colocation space worldwide.

Tata Communications' depth and breadth of reach in emerging markets includes leadership in Indian enterprise data services and leadership in global international voice communications. Tata Communications Limited is listed on the Bombay Stock Exchange and the National Stock Exchange of India.

www.tatacommunications.com

Forward-looking and cautionary statements

Certain words and statements in this release concerning Falcon Media House and its prospects, and other statements, including those relating to Falcon Media Houses' expected financial position, business strategy, the future development of Falcon Media Houses' operations, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Falcon Media House, or industry results, to differ materially from those expressed or implied by such forward-looking statements. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, failure to increase the volume of subscribers on Falcon Media Houses' operating companies; failure to develop new products and services that meet customer demands and generate acceptable margins; failure to successfully complete commercial testing of new technology, consumer services and information systems to support new products and services. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Falcon Media Houses' control, include, but are not limited to, those risk factors discussed in Falcon Media House Limited's Annual Reports. The Annual Reports of Falcon Media House Limited are available at www.falconmediahouse.com. Falcon Media House is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements.

TATA COMMUNICATIONS and TATA are trademarks of Tata Sons Limited in certain countries.

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAGGUMACUPMGPR

(END) Dow Jones Newswires

April 19, 2017 02:00 ET (06:00 GMT)

1 Year Falcon Chart

1 Year Falcon Chart

1 Month Falcon Chart

1 Month Falcon Chart

Your Recent History

Delayed Upgrade Clock