The newly enlarged Motive Television has commenced trading on AIM after its reverse takeover of AdecqDigital and a £4.75 million (E5.45m) fundraising.

With the acquisition, the company is targeting an emerging technology market with a new product range. Motive aims to benefit from changing trends with a move from linear traditional real-time viewing to ‘non-linear’ TV – where viewers watch programmes at their own discretion, via web-based catch-up / on-demand TV and PVRs like Sky+ and Tivo.

“We believe that Motive Television now has a solid foundation from which to grow,” chairman Michael Pilsworth said. “The support that Motive has received has been encouraging and we are now well placed to take advantage of a market that is growing rapidly.”

Other posts by :

1. Bank: AST SpaceMobile will orbit 356 satellites by 2030
2. SpaceX launches 600th rocket
3. Starlink: 10m customers and counting
4. SES predicts end of ‘big’ Geo satellites
5. Amazon Leo gets approval for 4,504 extra satellites
6. SpaceX gets a portion of India
7. TerreStar wants to build LEO network
8. Musk: “No Starlink phone”
9. Russia accused of eavesdropping on satellites

Categories: Articles, Business, PVR