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Zip TV set to launch its TV channel after Morgan investment.(Morgan Ventures)(Brief Article)

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| July 02, 2004 | COPYRIGHT 2004 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Zip TV, the interactive advertising company, is to launch its TV channel next month after securing investment from Morgan Ventures.

Morgan, an international investment company, is backing the launch, which hopes to offer advertisers new ways to target viewers by developing interactive options.

Eleven advertisers are part of the Zip TV consortium, including Honda, COI Communications, Procter & Gamble, BT and Unilever. They are backing the launch in the hope that they can learn from new developments in the interactive area as well as negotiating pooled deals with broadcasters.

Zip TV will work as a 'virtual' channel, providing the content when viewers press the red button while viewing an interactive ad through the usual TV channels. However, Zip has yet to sign agreements with Sky and ITV that will link its service ...

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