YooMediaYooMedia to Offer Gemstar TV Program Guides for U.K.'s FreeviewAuthored by Mark Hefflinger on November 2, 2005 - 3:52am.
London - U.K.-based interactive TV developer YooMedia announced on Wednesday that it has partnered with Gemstar-TV Guide International, to offer a version of Gemstar's electronic program guide for the Freeview digital TV service in the U.K. The free guide will be included with Freeview set-top boxes, digital video recorders and digital televisions.
U.K. Interactive TV Developer YooMedia Acquires DITG for $54 MillionAuthored by Mark Hefflinger on December 6, 2004 - 3:57am.
London -- YooMedia, a U.K.-based developer of interactive TV content, announced that it has acquired the Digital Interactive Television Group (DITG), a provider of interactive TV infrastructure software, and its Gaming Channel subsidiary, for about $54 million. YooMedia also plans to raise $48.4 million through a secondary stock offering, the proceeds of which will partly go to pay for its acquisition of DITG, with the rest allocated for ongoing working capital requirements. The acquisition is YooMedia latest in a recent string of purchases that includes MMTV, Whoosh, Fancy a Flutter and GoPlayTV. YooMedia and DITG said they believe the merged company will be profitable by next March.
Interactive TV Firm YooMedia to Acquire Columbia Pictures' GoPlay TVAuthored by Mark Hefflinger on December 12, 2003 - 5:16am.
London -- YooMedia, a developer of interactive TV and wireless applications, said on Friday that it will acquire GoPlay TV, an interactive games channel, from Columbia Pictures for $11.2 million. GoPlay owns and operates an interactive games channel available on the first page of the interactive main menu on Sky Digital. The deal establishes U.K.-based YooMedia as a leading interactive content provider across all digital TV platforms in the U.K., including games, chat, dating and gaming.
Interactive TV Content Developer YooMedia Raises $4 MillionAuthored by Mark Hefflinger on October 10, 2003 - 4:33am.
London -- YooMedia, a developer of interactive TV and wireless entertainment content, announced on Friday that it has raised $4 million through the placement of 9.6 million new shares with institutional investors. The proceeds will give London-based YooMedia additional working capital to invest in emerging opportunities, including e-government and Trigger TV. YooMedia's largest shareholders are now Foresight Technology VCT, Artemis Investment Management and INVESCO Asset Management.
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