- Sep 8, 2003
SAN FRANCISCO & TULSA, Okla.--(BUSINESS WIRE)--Nov. 13, 2003--OpenTV (Nasdaq:OPTV - News; Euronext Amsterdam:OPTV), one of the world's leading interactive television companies, announced this morning that, after the conclusion of Wednesday's third quarter earnings call, DirecTV notified OpenTV that it would not extend its carriage agreement with OpenTV's subsidiary, Wink Communications, on the terms last offered by OpenTV. The agreement will expire by its terms on December 22, and OpenTV expects to deactivate approximately 10.4 million of its Wink-enabled set top boxes currently deployed in DirecTV's network. For the nine months ended September 30, 2003, OpenTV's revenues attributable to Wink-enabled set top boxes deployed in DirecTV's network, such as fees from advertising, programming and licensing relationships, were approximately $1.0 million, representing approximately 2% of OpenTV's revenues for that nine month period.
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