Janco report Feb 5th..ACTV, INC. (IATV - NASDAQ - $7 3/8 - BUY) announced this morning that it has
officially launched FUSION, HyperTV-enhanced music video programming powered
by
HyperTV with Livewire (LWIRA - NASDAQ), on MTV2 and MTV2.com. FUSION
programming will offer real-time, synchronized content, such as chat, trivia,
fun facts and e-commerce, which is directly related to what the television
viewer is watching on their TV screen. FUSION will be part of the MTV2 Box
block that airs Monday through Friday from 4:00 p.m. to 8:00 p.m. and on
weekends from 10:00 a.m. to 2:00 p.m. This agreement is one of several with
Viacom Inc. (VIA - NYSE) entertainment properties. (ACTV's HyperTV subsidiary
also provides an Enhanced TV experience for Showtime's Stargate. MTV and TV
Land.). We expect ACTV will continue to leverage its relationships with
Liberty Livewire (provider of traditional audio and video post-production,
transmission, library services, Internet hosting and audio/video distribution
services) and Viacom (whose properties include CBS, MTV, Showtime, Infinity
Broadcasting, TDI Worldwide and Infinity Outdoor, Paramount Pictures,
Television and Parks, UPN, Blockbuster and Simon & Schuster) to explore
additional, ongoing, weekly HyperTV-enhanced programming opportunities. We
continue to rate shares of ACTV as a BUY with a 12 to 18-month price target of
$36. |
