TIDMFAL
Falcon Media House Limited
19 April 2017
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA
OR JAPAN.
For Immediate Release
19 April 2017
Falcon Media House Limited ("Falcon", the "Group" or the
"Company")
Falcon Media House
builds intelligent streaming for OTT sports
The offering addresses the underserved independent sports market
and is powered by Tata Communications' media solutions and global
network
Falcon Media House (LSE:FAL), the global internet broadcast
media group focused on the over-the-top ('OTT') market, is pleased
to announce it is working with Tata Communications, a leading
provider of A New World of Communications(TM), to acquire
connectivity, hosting and operational media workflow services that
will power the Group's Teevee Direct-to-Consumer ('D2C') brand as
related to in the Company's Prospectus dated 20 March 2017 which
can be found on its website. The Teevee service will use the
combination of the Group's recently acquired Quiptel Q-flow
software and Tata Communications' network infrastructure to deliver
seamless "buffer-free" live and on-demand sports programming across
mobiles, tablets, desktops, set-top-boxes and smart
televisions.
The first phase is expected to be operational in two US data
centres, located in Santa Clara and New York, by 1 May 2017,
followed by further support for a full Teevee service launch in the
second half of 2017. Tata Communications' ability to support rapid
growth provides Teevee with the ability to deliver a scalable,
compelling consumer experience.
Falcon Media House Executive Chairman, Gert Rieder commented,
"We are delighted to work with Tata Communications, tapping into
the company's global network, sports industry and media services
expertise. This is a landmark and critical relationship for Falcon
Media House and through it we can make the most of our passion for
the booming global OTT video market. Tata Communications' reach,
scale and understanding of building dedicated video networks is
unparalleled and gives us the confidence to focus on building our
Teevee business without concern as we get access to a cost
sensitive, on-demand scaling infrastructure. We look forward to
working with Tata Communications going forward."
Brian Morris, Vice President and General Manager of Global Media
and Entertainment Services business at Tata Communications,
commented, "We love what Falcon Media House is seeking to do.
Viewers deserve high quality access to their favourite sports,
players and games irrelevant of the league. Many non-franchised
sports around the world just do not get the same broadcast airtime
as the top leagues, so it is a significantly underserved segment.
We are proud to be enabling this innovative OTT service through our
media services portfolio and our global network
infrastructure."
**ENDS**
For more information visit www.falconmediahouse.com or enquire
to:
Falcon Media House Limited info@falconmediahouse.com
Gert Rieder
St Brides Partners Ltd (PR)
Lottie Brocklehurst / Isabel +44 (0) 20 7236
de Salis / Frank Buhagiar 1177
About Falcon Media House
Falcon Media House (LSE:FAL) is a multi-divisional, global
internet media group. We are building a new breed of media
entertainment house for the way people want to consume live and
on-demand video content. Our goal is to create an ecosystem where
great technology meets great entertainment ideas and finds the
right audience. The Group is capitalising on explosive demand for
digital video, streamed "live" and "on-demand" known as the
Over-The-Top (OTT) video streaming market. Falcon Media House
operates three distinct and synergistic divisions:
-- Quiptel - the Technology Division: Innovative patented
technology enabling "intelligent streaming" on any network to any
device, dramatically reducing bandwidth consumption.
-- Teevee - the Broadcast Distribution Division: Direct to
Consumer (D2C) branded OTT service, to bring unique and exclusive
content to a global audience.
-- Teevee Makers - the Content Division: Specialist media and
production company to produce content for own and third party
broadcast distribution.
www.falconmediahouse.com
About Tata Communications
Tata Communications Limited (CIN no: L64200MH1986PLC039266)
along with its subsidiaries (Tata Communications) is a leading
global provider of A New World of Communications(TM). With a
leadership position in emerging markets, Tata Communications
leverages its advanced solutions capabilities and domain expertise
across its global network to deliver managed solutions to
multi-national enterprises and communications service
providers.
The Tata Communications global network includes one of the most
advanced and largest submarine cable networks and a Tier-1 IP
network with connectivity to more than 240 countries and
territories across 400 PoPs, as well as nearly 1 million square
feet of data centre and colocation space worldwide.
Tata Communications' depth and breadth of reach in emerging
markets includes leadership in Indian enterprise data services and
leadership in global international voice communications. Tata
Communications Limited is listed on the Bombay Stock Exchange and
the National Stock Exchange of India.
www.tatacommunications.com
Forward-looking and cautionary statements
Certain words and statements in this release concerning Falcon
Media House and its prospects, and other statements, including
those relating to Falcon Media Houses' expected financial position,
business strategy, the future development of Falcon Media Houses'
operations, are forward-looking statements. Such statements involve
known and unknown risks, uncertainties and other factors, including
financial, regulatory and environmental, as well as those relating
to industry growth and trend projections, which may cause actual
results, performance or achievements of Falcon Media House, or
industry results, to differ materially from those expressed or
implied by such forward-looking statements. The important factors
that could cause actual results, performance or achievements to
differ materially from such forward-looking statements include,
among others, failure to increase the volume of subscribers on
Falcon Media Houses' operating companies; failure to develop new
products and services that meet customer demands and generate
acceptable margins; failure to successfully complete commercial
testing of new technology, consumer services and information
systems to support new products and services. Additional factors
that could cause actual results, performance or achievements to
differ materially from such forward-looking statements, many of
which are not in Falcon Media Houses' control, include, but are not
limited to, those risk factors discussed in Falcon Media House
Limited's Annual Reports. The Annual Reports of Falcon Media House
Limited are available at www.falconmediahouse.com. Falcon Media
House is under no obligation to, and expressly disclaims any
obligation to, update or alter its forward-looking statements.
TATA COMMUNICATIONS and TATA are trademarks of Tata Sons Limited
in certain countries.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAGGUMACUPMGPR
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