Interactive TV Firm GoldPocket Acquires U.K.-Based WatchPoint MediaAuthored by Mark Hefflinger on May 5, 2003 - 8:05am.
Los Angeles -- GoldPocket Interactive, a producer of two-way interactive TV programming, announced on Monday that it has acquired U.K.-based WatchPoint Media, a developer of interactive TV authoring software. Financial terms of the transaction were not disclosed. The purchase marks Los Angeles-based GoldPocket's entry into the European market, where it will have headquarters in London overseen by Matt West, WatchPoint's vice president of sales and marketing. WatchPoint's StoryTeller allows content producers to create interactive TV applications that may be easily published to multiple platforms. GoldPocket has produced and delivered more than 4,000 hours of iTV programming for major networks and media companies including CBS, PBS, Fox, Sony and The WB. http://www.goldpocket.com/corporate/interactive.aspx?pageID=20&newsID=56
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