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JTV Jumptv

35.51
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
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
0 0 N/A 0

Trading Statement

10/10/2007 8:01am

UK Regulatory


RNS Number:4504F
JumpTV Inc.
10 October 2007


JumpTV Reports 86,000 Subscribers as of September 30, 2007


TORONTO--(Marketwire - October 10, 2007) - JumpTV Inc. (AIM: JTV) (TSX: JTV), a
leader in broadcasting international television and sports over the Internet,
announced that the Company had approximately 86,000 paying subscribers as of
September 30, 2007.

Paid subscribers have increased approximately 19% compared to 72,000 paying
subscribers reported on a pro forma basis on August 9, 2007, when the Company
announced the acquisition of Cycling TV.


The third quarter ended with a record level of subscribers for both JumpTV's
International division, consisting of approximately 300 television channels from
more than 75 countries, and its JumpTV Sports division which consists of
approximately 175 sporting content partners.


In the United States, the Company offers approximately 120 of its 300 television
channels and selected content from its sports content partners on a
free-to-consumer, ad-supported basis with the balance of the content being
offered on a subscription basis.


Outside of the United States, all of JumpTV's offerings are on a subscription or
pay-per-view basis.


In 2007, JumpTV expects to stream more than 10,000 live sporting events and
provides subscriptions to viewers in more than 100 countries around the world to
its sports, news and entertainment content on a live, pay-per-view and/or
video-on-demand basis.


G. Scott Paterson, chairman and chief executive officer, said, "JumpTV ended the
third quarter with our best month ever in September on all fronts. Our strategy
to anchor our content with a sports theme, followed by news and entertainment is
taking shape.


"Importantly, we have broadened our capabilities to offer our content providers
a suite of value-added services to optimize their assets online.


"In addition to our subscriber growth, we are making important strides with
free-to-consumer, ad-supported content in the United States."


The Company notes that it may not achieve the same level of growth in
subscribers in the current period due to multiple factors including seasonality.


About JumpTV


JumpTV (AIM: JTV) (TSX: JTV) is a leading distributor of live international
television and sports over the Internet. With more than 300 television channels
from 75+ countries and more than 175 partnerships with sports teams and leagues,
JumpTV delivers full-screen sports, news and entertainment content on a
real-time basis from all corners of the globe to computers, Internet-enabled
television sets, IP set-top-boxes and cell phones with browser access. For more
information, visit www.jumptv.com.


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 JumpTV or its managements.
These statements reflect JumpTV'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
JumpTV's prospectus (admission document) dated August 1, 2006 and the matters
discussed under "Risk Factors" contained in JumpTV's final short form prospectus
dated February 19, 2007. These forward-looking statements are made as of the
date hereof, and JumpTV assumes no obligation to update or revise them to
reflect new events or circumstances.



JUMPTV PR / IR Contacts


North America:
Lewis Goldberg
KCSA Worldwide
+1-212-896-1216
lgoldberg@kcsa.com


UK:
Chris Bowman/Andrew Chubb
Canaccord Adams Limited
+44 207 050 6500



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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