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4-Traders Homepage  >  Equities  >  Oslo Bors  >  Opera Software ASA    OPERA   NO0010040611

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Opera Software ASA : Radio alive and well on TV

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03/19/2013 | 09:38am CEST
Radio alive and well on TV

Oslo, Norway, and London - March 19, 2013

Music and more hit the Opera TV Store

Opera Software today announced the first-ever radio station apps for its Opera TV Store, following a new cooperation with the app development group TV App Agency.

Absolute Radio, the largest independent radio station in the United Kingdom, and Karnaval, the biggest online radio station in Turkey, have now landed in the cloud-based app store for Smart TVs. All these radio apps and more have been developed by TV App Agency.

Absolute Radio will populate the Opera TV Store with its Player App, which incorporates the station's network of brands. Users can enjoy the Absolute Radio experience along with a combined network audience of 3.3 million listeners.

Karnaval.com serves over four million unique users monthly. The Karnaval app in the Opera TV Store features 12 radio stations, including Turkey's largest FM stations, Super FM, Metro FM, Joy Turk, Joy FM and Radio Mydonose.

As well as the new radio apps, TV App Agency's catalog on the Opera TV Store spans apps for sport, news, travel, property and video-on-demand.

Opera Software has also recently signed an agreement with Radio ENERGY (NRJ Group), the leading European radio network with stations in 14 countries, to bring their radio station app to the Opera TV Store.

"TV long ago overtook radio's central location in the home, but now radio is carving out a space of its own on the box," says Daniel Nordberg, Director of Business Development for TV & Devices at Opera Software. "Music apps are among the most popular apps in the Opera TV Store, and we are excited to bring new listening content to it, as well as providing more entertainment options for users."

The Opera TV Store is an HTML5-based application framework built on Opera's advanced browsing engine, giving users a rich selection of entertaining apps and providing one of the most advanced web development environments for developers.

The Opera TV Store is available on Sony Bravia TVs and Blu-ray Disc players, as well as devices from TCL, Humax and MediaTek. The Opera ecosystem is more than just the Opera TV Store, with Opera powering the web on tens of millions of devices, including Sony, Sharp, Loewe, Boxee, Hisense, Freesat+, Vestel and Altech.

For developers keen to build the next must-have app for TV, development is easy with the Opera TV Emulator. For content owners eager for TV apps, Opera's TV templates for video and news content are free, simple to use and will help get your app into the Opera TV Store quickly. With development partners like TV App Agency, Opera Software can help you source the right development resources. Visit dev.opera.com/tv/ to find online tools, guides and forums, or contact Daniel Nordberg to learn more about Opera Software's agency partnerships.

Meet Opera at TV Connect

Come and meet Opera Software at booth #213 at TV Connect in London, March 19-21. For commercial meetings and media meetings, contact us.

About Opera Software ASA

The worldwide World Wide Web - any device, any platform, any bandwidth, absolutely anywhere in the world. Opera Software was founded in 1994, based on the idea that access to the web should be a universal right. 300 million people (and counting) use the Opera web browsers for computers, mobile phones, TVs and other connected devices. Opera also delivers tools, distribution, engagement, monetization and market insights to developers, publishers and brands around the world. We are passionate about breaking down barriers, so everyone can share in the power of the internet. Our vision of one web for all remains at the heart of what we do, because we believe that participation changes everything. Opera Software ASA is listed on the Oslo Stock Exchange under the ticker symbol OPERA. 'Opera', 'Opera Software', 'Opera Mini' and the 'O' logo are trademarks of Opera Software ASA. All other trademarks are the property of their respective owners.www.opera.com.

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EBIT 2016 52,0 M
Net income 2016 12,3 M
Debt 2016 158 M
Yield 2016 0,77%
P/E ratio 2016 31,36
P/E ratio 2017 17,60
EV / Sales 2016 1,49x
EV / Sales 2017 1,25x
Capitalization 922 M
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