TelVue Corporation (OTCBB: TEVE) is a digital media company that has deployed broadcast systems to a network of municipally-owned Public, Educational, and Government access (PEG) cable TV channels. In addition, TelVue provides systems and services to professional broadcast stations, colleges, universities and K-12 institutions. It currently operates under the direction of cable pioneer and philanthropist HF “Gerry” Lenfest. Mr. Lenfest is the Chairman of the Board and majority shareholder of TelVue Corporation.[1]
TelVue partners with municipalities to provide hometown news, weather, traffic, and emergency information in a format that looks like other cable networks.[2] TelVue's proprietary "Web Updating System" (WEBUS) digital signage equipment enables its clients to easily schedule their channels with television programs and other related content remotely, especially without being at the television station itself. In addition, the software helps improve the look and feel of the channel.[3][4]
TelVue is a broadcast equipment and services provider that is paid fees by channel operators.
TelVue Corporation began as a subsidiary of Science Dynamics Corporation of Cherry Hill, NJ on November 26, 1986, and was spun-off as a separate publicly traded company on December 30, 1988. Using patents developed by Science Dynamics Corporation, TelVue began providing cable companies with a method of processing their customers’ orders by telephone for individually viewed and billed Pay Per View (PPV) movies and events, without the need for a live operator or the technical requirement for a two-way interactive cable system.
In 1998, TelVue began offering cable affiliates and cable & satellite programming providers the ability to have their customers order PPV movies and events directly via the Internet, using TelVue’s patented internet ordering application.
In 2003, TelVue entered into an entirely new business; by providing comprehensive programming and technical services to municipalities, schools, and communities, to upgrade the look, feel and content of their local cable access (PEG) channels. These programming services are provided centrally from TelVue headquarters in Mt. Laurel, NJ.
In 2007, TelVue Corporation acquired Princeton Server Group, a provider of professional digital video broadcast systems.
In July 2008, TelVue launched a new corporate brand identity, consolidating the product portfolios of TelVue and Princeton Server Group. TelVue Princeton Series has been chosen as the new name for the high performance digital video server products sold by the company.[citation needed]
As of December 2009, TelVue is available to cable subscribers in over 500 municipalities in forty states, primarily New Jersey, Pennsylvania and Delaware, viewed in almost 10 million households nationally.[5] In May 2011, TelVue announced that through partnership with Roku, PEG.tv stations are now accessible on demand to anyone with a Roku box. [6]
TelVue Corporation is a public company currently trading on the Over the Counter (OTC) Market under the ticker TEVE. [7]
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