Cellcast UK Ltd - Interactive TV formats and services

A proven innovator in Interactive Media

February 4 2012

Cellcast UK Ltd is a leading provider of participatory television programming and interactive telephony technology for the fast growing cross-platform digital entertainment sector.

Our services enable broadcasters, content developers and mobile network operators to profit from the accelerating growth and economic necessity of interactive and transactional television programming.
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Cellcast News

Interim Results for the six months ended 30 June 2008

30 September 2008

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Highlights for the period

  • Revenue for the six months to 30 June 2008 was £6.7 million, up 4.8% on the same period in 2007
  • Operating profit of £615,000, including £1.2 million gain on the disposal of two of the Group's Sky channels, compared to a loss of £1.5 million in the same period in 2007
  • General and administrative expenses reduced by 30%

Post period highlights

  • The Group is following a conservative growth strategy, leveraging its extensive portfolio of interactive content and multi-platform technology assets
  • Internationally, the Group continues to work with local partners rather than directly investing in media or airtime purchases itself
  • The Group remains uncertain of the impact of OFCOM proposals to tighten the regulation of UK participation-TV services and awaits completion of the public consultation process in December 2008
  • New opportunities continue to arise from the sustained growth of 3G, IPTV, enhanced broadband, video mobile and wireless broadband services in the UK

Julian Paul, Chairman of Cellcast plc, commented:

"The Group is now a substantially UK-based business and is committed to effective management of its cost base in the current uncertain economic environment while being alert to continuing opportunities among new media services."

 

For further information:

Cellcast plc  
Andrew Wilson, CEO Tel: +44 (0) 20 7190 0300
andrew@cellcast.tv www.cellcast.tv
   
HB Corporate  
Edward Hutton Tel: +44 (0) 20 7510 8600

 

About Cellcast plc

Cellcast plc (AIM: CLTV) is a leading international provider of participation television applications and interactive mobile content in the fast-growing multi-platform digital entertainment sector. Headquartered in London, with associated operations in Paris, Beirut, Mumbai, Hong Kong and Sao Paolo, Cellcast's applications and programming are distributed on the Sky Digital and Freeview platforms in the UK, and the company is partnered with broadcasters and telecom networks in Europe, the Middle East, India, South-East Asia, China, and South America. Cellcast plc joined the AIM market of the London Stock Exchange in 2005.