TV Commerce Holdings PLC
10 March 2005
TV Commerce secures contract with Stream Group
TV Commerce Holdings Plc (TVC) is pleased to announce a new Agreement with
Stream Group Plc (SEA) whereby Stream will, with immediate effect, provide
Premium Rate Telephony services to Your Destiny TV on SKY 694, the UK's first
LIVE Psychic TV channel . Excess calls which are derived from the channel will
be answered by Stream's Psychic Circle Readers, and revenues generated will be
divided between Stream and TV Commerce.
As well as Premium Rate Telephone readings, Stream will also be able to offer '
Your Destiny' viewers psychic readings paid for via credit cards which were not
previously offered. Other benefits include the ability to provide to callers an
audio CD of the caller's reading and a PIN system which allows repeat callers to
go directly to their preferred reader.
Commenting on the deal, TV Commerce CEO Vince Stanzione said: 'We are delighted
to partner with Stream, who are the market leaders in providing live services
and are well equipped to handle the increasingly high call volumes we are
experiencing.'
Mike Spencer, CEO at Stream said: 'Stream is pleased to add Your Destiny TV to
its client list and we look forward to working with a broadcast client alongside
our print media partners.'
For more information please contact
Vince Stanzione
CEO
TV Commerce Limited
Broadcast Media Centre
Plane Tree Crescent
FELTHAM, Middlesex, TW13 7HF
Tel: 020 8484 0815
Stream Group plc:
Michael Spencer, Managing Director, Tel: 020 7725 0300
This information is provided by RNS
The company news service from the London Stock Exchange