OpenTV Corp. picked up some good news, with MIH Ltd. agreeing pay the company
$4 million to deploy its interactive-television platform on MIH's pay TV
platforms in South Africa
OpenTV said it will recognize the money as recurring revenue over a five-year
period. The company added that MIH will pay it annual fees for maintenance and
MIH's MultiChoice Africa subsidiary is expected to offer its subscribers
chat, news, weather, horoscopes and 'PlayJam' games on the OpenTV platform.
MIH also will license OpenTV's 'Advertise,' 'Publishers' and 'Account'