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TP Vision adds MUZU.TV to Philips TV Smart offering

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PRESS RELEASE

TP Vision launches the leading music video App on Philips 2013 Smart Televisions

London, 30 May, 2013 - TP Vision is announcing a new partnership with the premium music video platform MUZU.TV which will see the service join as part of the company's extensive Smart TV feature.

The MUZU.TV App will be rolled out to all of the Philips 2013 Smart TV range by the end of May.

MUZU.TV is the clear market leader for music videos with the largest legal online catalogue featuring over 130,000 titles from all four major record companies and all the leading independent labels.

Content includes concerts, music videos, interviews, music documentaries and more

The inclusion of MUZU.TV is a further example of TP Vision's continued and ongoing investment in the company's Smart TV service and functionality.

The partnership with Muzu.TV is also part of TP Vision's overall Smart TV policy to focus on ensuring the most relevant Apps are available to TV viewers rather than just attempting to provide the maximum number of Apps possible.

As part of that policy the company is focusing on catch-up TV plus movie and video download services, as by far the most popular features on Smart TV platforms.

Commenting on the partnership with MUZU.TV, Head of Smart TV, TP Vision Albert Mombarg said:  ‘Our focus with Smart TV is on offering the most useful and relevant Apps. MUZU.TV is the leading Music Video service and is hugely popular online and represents an important addition to our Smart TV platform.

Ciaran Bollard, CEO and Co-Founder of MUZU.TV commented ‘TP Vision and Philips Smart TVs bring exceptional picture quality and great user interface to the Smart TV market. Their platform provides the perfect environment to experience the MUZU.TV app and further extends our position as the preferred music video app of choice for consumers and manufacturers. We have experienced some amazing growth on Smart TV and gaming consoles with millions of downloads and streams per month'

About TP Vision

TP Vision is a dedicated TV player in the world of visual digital entertainment. TP Vision concentrates on developing, manufacturing and marketing Philips branded TV sets in Europe, Russia, Middle East, Brazil, Argentina, Uruguay, Paraguay and selected countries in Asia-Pacific. We do this by combining our design expertise and innovative Philips TV heritage with the operational excellence, flexibility and speed of TPV Technology. With these combined strengths, we bring high-quality TV sets to the market: smart and easy to use with sophisticated styling accentuating i.e. new materials and slim design. We believe in creating products that offer a superior TV experience for consumers. With Philips TVs, TP Vision is a global leader in the hospitality market. Based in Amsterdam, the Netherlands, TP Vision is the exclusive brand licensee of Philips TV for the above listed countries. The TV Company is 70% owned by TPV Technology, headquartered in Taiwan, and 30% by Royal Philips Electronics, headquartered in the Netherlands. TP Vision employs close to 3,300 people in several locations around the globe.

About MUZU.TV

MUZU.TV is an online music video site with the largest legal catalogue of music videos available on the web licensed by all 4 major record labels and the independent sector. Content includes concerts, music videos, interviews, music documentaries and more. The music catalogue now stands at 130,000 videos.

We also power music video solutions on gaming consoles and smart TV's along with the largest European sites including: The Guardian, Channel 4: music channels, Mail Online, Prisa Group, Libero, The Telegraph, NME, Rolling Stone, Metacafe, MTG Group.

We generate revenue through premium video advertising. Artists, labels, festivals, broadcasters and all music content owners get a 50/50 share of the advertising revenue generated from plays of their videos on and off the MUZU.TV site. Fair trade for music!