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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Jumptv | LSE:JTV | London | Ordinary Share | CA48139P1071 | COM SHS NPV (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 35.51 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
JumpTV Inc. 10 October 2006 JumpTV Adds Its First Chinese Channels to Company's Internet Television Line-Up JumpTV Signs Exclusive Agreement With Prestigious TVB Group to Broadcast TVBS-Europe and TVB Xing He TORONTO -- (MARKET WIRE) -- October 10, 2006 -- JumpTV Inc. (AIM: JTV) (TSX: JTV) (www.jumptv.com), the world's leading broadcaster of ethnic television over the Internet, announced that it has signed a multi-year, Internet-broadcast agreement with Television Broadcasts Limited (TVB), the world's largest producer of Chinese-language television programming. Under terms of the agreement, JumpTV will stream all of TVB's television content live on the Internet. This programming will be made available on an exclusive basis through JumpTV to the millions of Chinese living in diaspora communities in Europe and the Middle East. TVB produces some of the most popular Chinese comedy, drama and entertainment television programming in the world. JumpTV will stream both TVB's European satellite station, TVBS-E (also known as The Chinese Channel), along with TVB Xing He as a bundle. This is the first agreement for JumpTV with a Chinese television broadcaster. When the channels are launched commercially subscribers will be able to watch TVB's programming live as well as by way of video-on-demand and in pay per view formats. Kaleil Isaza Tuzman, president and chief executive officer of JumpTV International said, "The Chinese diapora is one of the largest in the world and represents a massive potential market for our Internet television offering. Partnering with a quality broadcaster such as TVB is a significant strategic step for JumpTV. We are confident that the millions of Chinese living in cities such as London, Paris, Rome and Dubai will find our exclusive TVB offering compelling." Mr. Lawrence Ma, assistant general manager of TVB Satellite-Europe said, "It was very important to TVB to choose an organization with the technology and ability to reach a global audience to burnish our brand and grow our international revenue streams. We believe JumpTV is the best choice to help us build a truly global audience for TVB Satellite and increase our viewership among the worldwide Chinese community." "Increasing demand for Chinese television around the world motivated TVB Xing He to seek out a partner that would provide the technology and support to help grow the TVB Xing He brand. In connection to the partnership with JumpTV, global Chinese viewers will be able to watch the quality programming that people in the Asia Pacific region have been enjoying for years," said Mr. Sherman Lee, controller of channel operation division, of TVB Xing He Channel. TVB Xing He Channel and TVB Satellite-Europe will be priced at $38 as a bundle and will become part of a Chinese content line-up that includes other top-rated channels from the region. TVB Xing He is known for its popular shows such as "Super Idol Touch" and dramas starring some of the biggest celebrities in China. TVB Satellite-Europe showcases exciting Cantonese and Mandarin programming in over 47 European countries. JumpTV subscribers will now be able to view original programming that includes leisure and lifestyle shows "Beautiful Cooking" and "Be My Guest"; game shows like "15/16"; and drama series such as "Land Of Wealth" and "Healing Hands III." The TVB Xing He Channel and TVB Satellite-Europe contracts were signed subsequent to the Company's June 30, 2006 quarter end disclosure. JumpTV now has 225 channels under license. About JumpTV JumpTV (AIM: JTV) (TSX: JTV) is the world's leading subscription-based broadcaster of ethnic television over the Internet. With over 200 channels from 65+ countries, JumpTV delivers its subscribers full-screen news, sports and entertainment content on a real-time basis from all corners of the globe. JumpTV has subscribers from over 80 countries who view channels on the JumpTV online network via high-speed Internet connections on their home computers, laptops, Internet-enabled televisions and mobile phones. Forward-looking statement Certain statements herein may constitute forward-looking statements, including those identified by the expressions "may", "will", "should", "could", "anticipate", "believe", "plan", "estimate", "potential", "expect", "intent" and similar expressions to the extent they relate to the Company or its managements. These statements reflect the Company's current expectations and are based on information currently available to management. These forward-looking statements are subject to a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risk Factors" contained in the Company's prospectus (admission document) dated August 1, 2006. These forward-looking statements are made as of the date hereof, and the Company assumes no obligation to update or revise them to reflect new events or circumstances. Contact: Lewis Goldberg / Todd Fromer KCSA Worldwide +1-212-896-1216 / +1-212-896-1215 lgoldberg@kcsa.com / tfromer@kcsa.com This information is provided by RNS The company news service from the London Stock Exchange END NRAMLBTTMMAMTRF
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