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                                                                    Exhibit 10.1

                                [OPEN TV LOGO]

FOR IMMEDIATE RELEASE

Contacts:      General Media:                    Financial/Investors:
               David Benton                      Gary J. Fuges, CFA
               Director of Public Relations      Director of Investor Relations
               650/230-8003                      650/429-5531
               dbenton@opentv.com                gfuges@opentv.com

               Ellen Leo
               Manning Selvage & Lee For OpenTV
               323/866-6034
               ellen.leo@mslpr.com


     OPENTV TO ACQUIRE LEADING iTV MEDIA AND ENTERTAINMENT COMPANY, STATIC

 .  Deal is Expected to be Accretive to OpenTV's Pro-Forma Operating
   Profitability by Fourth Quarter 2001.

 .  Static Will Provide OpenTV with Immediate Recurring Revenue Streams From its
   Interactive Television Entertainment and Games Channel, PlayJam.

 .  PlayJam is the World's Most Successful iTV Entertainment and Games Channel.

 .  Static Provides an Award-Winning Broadcast Design Team and World-Class iTV
   Application Development Expertise Across Multiple Platforms.


MOUNTAIN VIEW, CALIF., AND LONDON, ENGLAND, JUNE 14, 2001 - OpenTV (NASDAQ and
AEX: OPTV), the world's leading interactive television (iTV) and media solutions
company, today announced that it has agreed to acquire London-based Static, a
privately-held leading iTV media and entertainment company. Static provides iTV
application development expertise across multiple iTV platforms, broadcast
design services for TV networks, and owns and operates the world's most
successful iTV entertainment and games channel, PlayJam.
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Under the acquisition agreement, OpenTV will acquire all of Static's privately-
held stock in a combined stock and cash transaction. The transaction has a net
value of approximately $59 million dollars. Approximately 14% of the gross deal
value, all in ordinary shares, has been withheld subject to certain earn-out
provisions.  In aggregate, Static shareholders will receive approximately 2.8
million shares of OpenTV's Class A ordinary shares and approximately $17 million
in cash.

The acquisition of Static will provide OpenTV with immediate recurring revenue
streams through PlayJam. PlayJam currently reaches more than 9.0 million homes
across digital television networks in Europe, including BSkyB, ntl, Telewest,
TPS, and Canal Satellite. PlayJam also currently runs on several iTV platforms,
including those provided by OpenTV, Vivendi's Canal Plus Technologies (NYSE: V),
and Liberate (NASDAQ: LBRT).

"I am very excited about this acquisition, as it demonstrates OpenTV's
commitment to move up the iTV value chain," said OpenTV Chief Executive Officer
James Ackerman. "With the acquisition of Static, OpenTV gains the world's most
successful interactive entertainment and games channel, immediate recurring
revenue streams, an award-winning broadcast design team, and a world-class iTV
application development team with proven multi-platform experience."

Ackerman continued, "The iTV games category has proven to be an early `killer
app' in the interactive television arena. We expect to continue distributing
PlayJam through multiple iTV platforms while leveraging PlayJam and Static's iTV
expertise through OpenTV's experienced technology and sales teams."

Jasper Smith, Chief Executive Officer of Static, said "We are very excited to
join the worldwide leader in the iTV industry. By combining with OpenTV, we
believe our leading PlayJam iTV entertainment and games channel and our other
product and service offerings will benefit greatly from OpenTV's iTV experience
and their market-leading
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global customer base. We look forward to becoming an integral part of OpenTV's
complete iTV solution."

Static's Product and Service Offerings

Highlights of Static's PlayJam iTV entertainment and games offerings include the
following:

 .  To date, Static has developed and offered, via PlayJam, 55 iTV games across
   multiple iTV platforms.

 .  Popular iTV games include arcade-style action games, trivia, word puzzles,
   and sports-based games of skill such as golf and darts.  PlayJam is fun and
   rewards players through a variety of high-value prizes.

 .  PlayJam generates recurring revenue streams via premium-rate telephone calls
   that allow players to store their game points in order to vie for prizes,
   through advertisements placed on the games and via branded game sponsorships.

 .  PlayJam successfully attracts the 16-34 year-old TV viewing demographic
   coveted by advertisers.  During an average week, PlayJam today reaches 12% of
   the 16-34 year-olds that access the Sky Service, compared with the reach
   achieved by MTV (23%), VH-1 (24%) and UK Gold (38%). (Source: Broadcasters
   Audience Research Board)

 .  PlayJam not only attracts TV viewers in the lucrative 16-34 year-old bracket,
   but retains them as well. During the May 21st to June 10th time period, users
   spent on average 33 minutes per PlayJam session on the Sky Service, compared
   with MTV (25 minutes), VH-1 (22 minutes), and UK Gold (49 minutes). (Source:
   Broadcasters Audience Research Board)
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Static also provides broadcast design services that assist TV networks in
strengthening their brands. Broadcast design services clients include Channel
Four, The Disney Channel, FilmFour, Star TV, Sky, and Universal Studio Networks.

Other Highlights

Upon closing of the acquisition, Static will become a wholly-owned subsidiary of
OpenTV.  Static CEO Jasper Smith and Chief Creative Officer Mark Rock will
continue to head Static.  Static's Executive Director Paul Bustin will be
retained by OpenTV as a consultant.

This transaction, which has been unanimously approved by the Boards of Directors
of both companies, is subject to certain closing conditions and is expected to
close in early third quarter 2001.

A conference call for the investment community is scheduled to take place at
8:30 a.m. Pacific Daylight Time on Thursday, June 14 and will be webcast on the
Investor Relations section of OpenTV's Web site at http://www.opentv.com.

About OpenTV

OpenTV is the world's leading interactive television and media solutions
company.  OpenTV builds a complete software and infrastructure platform that
enables digital interactive television and brings on-demand content to other
digital communications devices.  OpenTV solutions are crafted to meet the needs
of all digital communications networks and include operating middleware, content
applications, content creation tools, professional services expertise, and
strategic consulting.

OpenTV software has been shipped with or installed in 16 million digital set-top
boxes worldwide and has been selected by 43 digital cable, satellite and
terrestrial communications networks in over 50 countries, including BSkyB in the
United Kingdom; TPS and Noos in France; PrimaCom in Germany; Via Digital in
Spain; Stream in Italy; DIRECTV(TM) Latin America LLC; and EchoStar's DISH
Network and USA Media in the
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U.S. In addition, 31 digital set-top box manufacturers have licensed OpenTV's
software, and more than 1,100 developers have joined the Company's OpenAdvantage
developer program.

Worldwide headquarters for OpenTV is located in Mountain View, Calif.
Information on OpenTV is available at www.opentv.com.

                                     # # #

This news release contains forward-looking statements that involve risks and
uncertainties that could cause actual results to differ materially from those
contemplated herein, including statements regarding the combination of the
businesses of OpenTV and Static and the synergies that might be achieved from
the proposed transaction.  Actual results can differ materially. Risks and
uncertainties that could cause actual results to differ include, but are not
limited to, failure of the transaction to close due to the failure to satisfy
closing conditions; the risk that the OpenTV and Static businesses will not be
integrated successfully and unanticipated costs of such integration; failure of
the combined company to retain and hire key employees; failure of the combined
company to successfully manage its changing relationships with customers,
suppliers and other business partners; whether current demand for interactive
products and services will continue; the rate at which the market for
interactive products and services will continue to expand; the timely
identification, development and deployment of interactive products and services;
customer acceptance of those products and services and the pricing thereof; the
impact of competitive products and services and the pricing of those products
and services; the impact of technological constraints and changes in technology;
and other risk factors detailed in the documents filed from time to time by
OpenTV Corp. with the Securities and Exchange Commission, including those risk
factors detailed in Item 3.D of OpenTV Corp.'s Annual Report on Form 20-F filed
with the Securities and Exchange Commission on April 18, 2001. OpenTV undertakes
no obligation to update or revise any such forward-looking statements, whether
as a result of new information, future events, or otherwise.

(C) 2001 OpenTV, Inc. All rights reserved. OpenTV, OpenAuthor, OpenTV Runtime,
OpenStreamer, and the OpenTV logo are trademarks or registered trademarks of
OpenTV, Inc. in the United States and other countries. All other trademarks are
the property of their respective owners.

All OpenTV products and services may not be available in all geographic areas.