DTH

Mobile content service firm Motricity gets $50 mn investment from Carl Icahn

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/dth-images/2016/04/28/MTV.jpg?itok=F1ijDgwF

MUMBAI: The US based Motricity, which provides mobile content services and solutions has announced the completion of $50 million in equity funding from Carl Icahn, through an affiliated company.

It has also appointed Brett Icahn, an investment analyst with Icahn Associates and affiliated companies, to the Motricity board of directors.

Motricity chairman and CEO Ryan Wuerch says, “Carl has proven himself as one of the leading investors of all time, with an incredible ability to identify top performing companies and drive shareholder value. This investment bolsters our balance sheet and positions us to continue to aggressively grow the business and consolidate the industry.”

Over the past year, Motricity’s business has expanded substantially, quadrupling its customer base to include some of the leading wireless operators and media and entertainment companies, including Cingular, Alltel, Sprint, Tracfone, MTV, BET, NBC, Universal Music Group, Warner Music Group, Turner and several others.

icahn says, "Motricity has an excellent management team and leading technology. They are well positioned for dominance in mobile content, a sector for which we forecast strong growth in the coming years.”

Motricity is provides mobile content services and solutions that enable consumers to receive the right content at the right time, every time. Its solutions create end user experiences and deliver mobile content offerings for partners such as MTV, BET, CBS, NBC, Turner, Cingular, Alltel, Sprint Nextel and Palm. Its mobile content delivery platform, Fuel, received the 2006 GSM Association Award for “Best Service Delivery Platform” and was also named 2005 Premium Mobile Content Platform of the Year by Frost and Sullivan.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/22/angad.jpg?itok=TQNaus1h
An Ode to Entertainment: Tata Sky’s #WorldTelevisionDay Campaign

MUMBAI: Chimp&z Inc in conjunction with Griffin Pictures rolled out a video recreating the magic of the golden era of television in sand-art. The #TumseHumareTaarJudeHai campaign video served the brand purpose of Tata Sky on the occasion of World Television Day. The video garnered a total view...

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/20/tatasky.jpg?itok=h8LCpxUu
Tata Sky unboxes #BachpanKaPitara

MUMBAI: On the occasion of Children’s Day, Tata Sky promoted their special service for kids - Tata Sky Fun Learn on its digital platforms in a nostalgic way. This feature comprised foundational learning for kids across different age groups. Tata Sky, along with their digital marketing partner,...

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/20/Prasar%20Bharati.jpg?itok=uJU-iVeB
Prasar Bharati sells DD Free Dish MPEG-2 slots to 8 channels

Prasar Bharati has announced the result of the 42nd e-auction for allotment of MPEG-2 slots of DD Free Dish on pro-rata basis for the period from 1 December 2019 to 29 February 2020. The slot has been sold to eight channels for approx Rs 18.9 crore.

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/15/airtel.jpg?itok=uE1cABe2
Airtel Digital TV revenue and profit up as Bharti Airtel reports record loss

Indian telecom major Bharti Airtel reported 17 percent y-o-y increase in revenue for its Digital TV Services for the quarter ended 30 September 2019 (Q2 2020, quarter or period under review) as compared to the corresponding year-ago quarter Q2 2019.

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/11/15/dish.jpg?itok=EfxxPP9W
Dish TV adds 42K subscribers in Q2 2020

India DTH major Dish TV India Ltd (Dish TV) reported 42,000 net subscriber additions for the quarter ended 30 September 2019 (Q2 2020, quarter or period under review), During the six-month period ended 30 September 2020 (H1 2020), the company says that it added 251,000 net subscribers.

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/10/23/Watcho.jpg?itok=mzZ6TEdK
DishTV's OTT app Watcho arrives on Amazon Fire TV

MUMBAI: With an aim to offer engaging and differentiated content catering to young audiences across the country, Dish TV India Ltd, the world’s largest single-country DTH company, has expanded distribution of its OTT app Watcho to Amazon Fire TV Stick. Effective immediately, Amazon Fire TV Stick...

DTH DTH Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/10/23/tv.jpg?itok=mSiAPVVQ
DTH operators against imposition of further regulation on platform services

Major direct-to-home (DTH) operators spoke against the imposition of any registration fee or annual fee for the platform services (PS) offered by them. Tata Sky, Dish TV, Bharti Telemedia the holding company of Airtel Digital TV are of the view that as DTH operators already pay license fee and...

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/10/11/dish.jpg?itok=FlJX55uw
Dish TV India launches an entire new range of ‘Smart Connected Devices’

MUMBAI: Strengthening its technology product portfolio, Dish TV India Ltd., world’s largest single-country DTH Company, today launched a complete range of smart devices, an internet enabled Android based HD Set Top Box and Voice enabled Alexa Built-in smart kit.

DTH DTH Operator
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/10/07/dish.jpg?itok=fANtNUAh
Dish TV India to launch hybrid set-top box with Amazon Prime Video

MUMBAI: Dish TV India Limited, the world’s largest single-country Direct-To-Home company, today announced that it has collaborated with Amazon Prime Video to offer Prime Video app to its Dish TV and d2h subscribers on its soon-to-be-launched hybrid set-top box.

DTH DTH Operator

Sign up for our Newsletter

subscribe for latest stories