What was Al's funding announcement?

[dondada]

Al Legedly said on Thursday that there was going to be an important funding announcement 'tomorrow' (i.e. yesterday) re his TV channel.

WTF was it then? Anyone know?

[The Insider]

I'm guessing it will be "BT" related as its supposedly been on the cards for a while.

[sweetscience]

I think it's put back till Monday

Imguessing BT or maybe Goldenboy chipping in

[JimJim2009]

I've been keen to learn what this was, and as far as I can see the announcement's been put back to Monday. Thought he might have unveiled it in his newspaper column today, but he hasn't. I am guessing its a tie-up with BT and news of creating a 2nd channel in HD for the live events, with the standard "repeat" stuff remaining in non-HD format.

[milpool]

Microforce wet and dry shaver are paying more for their adverts.

[Tommy Gunn13]

Excuse my dumbness if he goes to BT,does that mean BN wont be available on Virgin?

[thatllbeme]

bt will be on virgin media in the summer as this is where the premierleague footy will be instead of espn

[ScottDetonator]

Microforce wet and dry shaver are paying more for their adverts.

DD

I'm getting brain washed in to buying one. You can even use it underwater you know...

[lefty]

Microforce wet and dry shaver are paying more for their adverts.

[Parson Cross]

I reckon short term a deal with Goldenboy UK medium term a sell out to Vision.

[chad]

BT have either bought a stake in the channel or will be buying a stake in the channel over the next 4 months. This will allow them to offer the channel as part of their new sports package from this summer. Simon Green the head of BT Sport is still a non-exec Director at allegedly. The Independant ran a story 8 weeks ago which suggested BT had an interest in the channel.

http://www.independent.co.uk/sport/g...g-8449350.html

Nothing confirmed yet however if BT have agreed a deal and include the channel as part of their sports package along with new channels BT Sports 1, BT Sports 2 and ESPN America that will make them a really big player in the UK sports TV market. BT want to push SKY and a deal with allegedly would help them achieve this. It is expected that BT, similar to how Virgin currently offer ESPN free to XL customers, will offer a free sports package come this summer to customers taking their top TV, Broadband and phone deals.

allegedly would still be available on SKY and Virgin. Only BT would be able to offer the channel free on some packages.

[leforge]

I reckon short term a deal with Goldenboy UK medium term a sell out to Vision.

More likely the contracts going to BT than a sell out.

[The Insider]

Any news yet?

[ThereByTheGrace]

Whatever was being announced has been postponed and the backers have changed their mind due to a car crash, the plane fare not being sent and a Doctor's note with a "legitimate" illness.

Allegedly has commenced proceedings and the Solicitors letters is in the post.

Deja vu DD

[bfchunk]

Microforce wet and dry shaver are paying more for their adverts.

Bring back Kick Dummy.

[chad]

http://www.hl.co.uk/shares/aim-and-s...nnel-allegedly

"Media Corp., an AIM-listed online gaming company, said Wednesday it has entered an exclusive agreement with Boxing Channel Media to supply betting services to its TV channel, allegedly.

The three-year deal marks the firm's first white label contract win - enabling it to capitalise on its Intabet software platform on a revenue sharing basis.

Media Corp. will provide the platform for an internet sportsbook and casino to be integrated with the allegedly website, offering a full range of sports betting and casino games, with an emphasis on boxing.

Through the servie users will be able to place bets through the proposed allegedly betting platform.

Phil Jackson, Chairman of Media Corp, said: "This represents the first application of our white label service. We are delighted to win the contract to deliver betting and, over time, casino products to the only dedicated boxing channel in the world.

"allegedly has a large and growing subscriber base and we believe boxing and betting go hand in hand and we are looking forward to developing a profitable and long term relationship with allegedly as they grow into a leading sports channel around the world."

The deal is subject to an initial feasibility assessment period of three months.

The share price leapt 25% to 0.15p by 08:55."

[leforge]

http://www.hl.co.uk/shares/aim-and-s...Allegedly channel

"Media Corp., an AIM-listed online gaming company, said Wednesday it has entered an exclusive agreement with Boxing Channel Media to supply betting services to its TV channel, allegedly.

The three-year deal marks the firm's first white label contract win - enabling it to capitalise on its Intabet software platform on a revenue sharing basis.

Media Corp. will provide the platform for an internet sportsbook and casino to be integrated with the allegedly website, offering a full range of sports betting and casino games, with an emphasis on boxing.

Through the servie users will be able to place bets through the proposed allegedly betting platform.

Phil Jackson, Chairman of Media Corp, said: "This represents the first application of our white label service. We are delighted to win the contract to deliver betting and, over time, casino products to the only dedicated boxing channel in the world.

"allegedly has a large and growing subscriber base and we believe boxing and betting go hand in hand and we are looking forward to developing a profitable and long term relationship with allegedly as they grow into a leading sports channel around the world."

The deal is subject to an initial feasibility assessment period of three months.

The share price leapt 25% to 0.15p by 08:55."

How much time did you spend finding that out?

[chad]

http://www.hl.co.uk/shares/aim-and-s...Allegedly channel

"Media Corp., an AIM-listed online gaming company, said Wednesday it has entered an exclusive agreement with Boxing Channel Media to supply betting services to its TV channel, allegedly.

The three-year deal marks the firm's first white label contract win - enabling it to capitalise on its Intabet software platform on a revenue sharing basis.

Media Corp. will provide the platform for an internet sportsbook and casino to be integrated with the allegedly website, offering a full range of sports betting and casino games, with an emphasis on boxing.

Through the servie users will be able to place bets through the proposed allegedly betting platform.

Phil Jackson, Chairman of Media Corp, said: "This represents the first application of our white label service. We are delighted to win the contract to deliver betting and, over time, casino products to the only dedicated boxing channel in the world.

"allegedly has a large and growing subscriber base and we believe boxing and betting go hand in hand and we are looking forward to developing a profitable and long term relationship with allegedly as they grow into a leading sports channel around the world."

The deal is subject to an initial feasibility assessment period of three months.

The share price leapt 25% to 0.15p by 08:55."

How much time did you spend finding that out?

Not too long. Just kept an eye on Twitter, Facebook and Google since Warren mentioned funding last week.

For anyone who wants more information, here is the home site for Media Corp:

http://www.mediacorpplc.com/

Richard Brooke, Chairman of allegedly said:

"This is a major step forward for allegedly as Media Corp have a strong casino and sportsbook platform and we are pleased to be part of this enterprise. We believe this is something our customers will enjoy and it can grow to be a significant part of our offering."

I am not a gambling man however I can see how this would appeal to subscribers of the channel who like a punt. I would not be surprised at all if something get integrated with the allegedly app which was recently released.

[JimJim2009]

So when can I place a bet on the next fighter to leave w.arren ?

[lefty]

So when can I place a bet on the next fighter to leave w.arren ?

[dondada]

That isn't a funding announcement.

[The Insider]

Are the gaming company paying allegedly a levy so they can exclusively utilize their wares on the channel? Sounds just a bit like advertising to me as opposed to funding.

[orbtastic]

What, like BetFair on SKY/Matchroom?

[The Insider]

What, like BetFair on SKY/Matchroom?

Not sure. It looks like they plan to intergrate the option to gamble via a "red button" type service on BN. They say they are intergrating a sports book on the BN website too so it looks a bit more hands on than just advertising.

[iamasadlittleboy]

I wonder how much they have in common after, Media Corp and Purple Lounge are like Warren and Sports Network.