Falcon Media House : Annual Report for the 15 Month Period Ended 31 March 2017

Falcon, the international media group focused on the over-the-top ('OTT') video streaming market, announces its final results for the 15-month period ending 31 March 2017.

Overview

• Readmission to LSE after raising £4 million to acquire Orbital Multi Media Holdings Corporation and Teevee Networks Limited in line with strategy to buid an integrated business focused on the rapidly growing Over-The-Top ('OTT') market, which allows consumers to access media content they want, whenever and however they want to
  • Name changed to Falcon Media House Limited at the time of readmission
• Focused on positioning proprietary Q-Flow software as the must-have technology powering the OTT industry and building own Teevee brand
• Memorandum of Understanding (the 'MoU') signed with leading global network solutions provider Tata Communications ('Tata') with regards to embedding Q-Flow into its existing OTT video service and technology platform to deliver an industry-defining offering
• Partnership secured with Verimatrix, the world leading specialist in securing and enhancing revenue for multi-network, multi-screen digital TV services around the globe, to deliver the first secure OTT services in West Africa
• Partnership and MOU signed with Tata to acquire connectivity, hosting and operational media workflow services that power the Group's Teevee Direct-to-Consumer ('D2C') brand
• Launch of a dedicated sports OTT service with The Eastern College Athletic Conference ('ECAC') the largest US east coast collegiate athletic college conference comprising approximately 250 schools - offers sports fans, families and friends the chance to live stream more than 30 men's and women's college sports
• Expansion of global reach with MoUs signed with Media Nucleus to target Southeast Asia and Africa OTT and Broadcast Markets and with LaserNet Group to Target OTT opportunities across Africa, offering an industry leading OTT service to millions of users internationally