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Source:
www.mda.gov.sg |
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MDA awards first niche TV licence to VeeV
Interactive |
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The Media Development Authority of Singapore
(MDA) has issued the first Niche Subscription TV Licence to VeeV
Interactive Pte Ltd (VeeV), a wholly-owned subsidiary of Sky Media Pte
Ltd. |
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Under the 5-year Niche Subscription
TV Licence, VeeV will be able to offer a broad range of
programmes, including scheduled and on-demand TV services, over
any delivery platform for up to 100,000 subscribers in
Singapore. |
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With its niche TV licence, VeeV plans to
roll out a commercial Internet Protocol Television (IPTV) service
focusing on educational content. Using Singapore as its research and
development centre, Veev also has plans to expand its digital media
business into the region. |
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The Niche Subscription TV Licence is part of
the two-tier licence framework MDA introduced in 2007 to facilitate the
growth of IPTV services in Singapore by offering operators greater
flexibility to roll out services for different market segments. The
other licence category is the Nationwide Subscription TV Licence, which
caters to operators targeting the mass market. The first nationwide IPTV
licence was awarded to SingNet Pte Ltd in January 2007 for its mioTV
service. |
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“MDA is pleased that our pro-business
regulatory framework has helped pave the way for new IPTV service
providers to enter the market with innovative and diverse programming
content. We hope to see more IPTV service providers use Singapore as a
launch pad to regionalise their business and test-bed new IPTV
technologies and solutions,” said Ms Ling Pek Ling, Director, Media
Policy, MDA. |
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MDA does not limit the number of niche
licensees and welcomes local and overseas IPTV service providers
to come forward and establish their presence in Singapore. A
summary of the key conditions for the Niche Subscription TV
Licence can be found in
Annex A. |
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For more details on the Licence
Framework for Broadcasting IPTV Services, please visit
http://www.mda.gov.sg/television. |
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Source:
www.mda.gov.sg News Release 6
Mar 2008 |
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