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TVN Entertainment and Fox Cable Networks Partner on Comprehensive Industry-Wide VOD Services Deal

Posted on: Wednesday, 18 June 2008, 09:00 CDT

TVN(R) Entertainment Corp, the world's largest television on-demand company, today announced it has entered into a long-term VOD services agreement with Fox Cable Networks. The deal provides a wide-ranging framework under which Fox can quickly launch new VOD programming services, scale its VOD volume and fast turnaround needs, and extend its offerings into new platforms and formats.

Fox can now choose from TVN's full suite of on-demand services to enhance its own VOD offerings surrounding such core linear television brands as SPEED, National Geographic Channel, Big Ten Network and other popular networks. These services include TVN's Emmy-nominated asset management system ADONISS(TM); iPRI, TVN's tool that enables programmers like Fox to make real-time changes within its content offerings; and TVNow, TVN's service for time-sensitive sports, primetime programming and advertising. The new agreement also contemplates Fox and TVN's testing experimental services in the future, metadata modifications, and operator-specific or market-specific content customizations.

"We have been impressed with TVN's service and ability to quickly innovate to support our unique business requirements," said FCN Vice President Will Flannery, "As Fox's business plans evolve, we anticipate that TVN will help us enhance our many VOD distributors' market activities while also extending our core content and brands."

"Crafting customized business solutions for a leading entertainment company like Fox reflects TVN's ability to tackle the growing complexity of the rapidly emerging multi-platform video market," added Matt Cohen, senior vice president of strategy and business development for TVN Entertainment. "This is a milestone deal and a harbinger of how Networks are approaching the VOD category in 2008."

About TVN Entertainment Corporation

TVN Entertainment Corporation, the leading television on-demand company, works with every major studio, network, and telecommunications video provider in North America. TVN is the preferred provider of original on-demand programs and networks. TVN supports an open, advanced technology platform, and offers the most comprehensive, end-to-end solution for licensing, managing, distributing and marketing on-demand content to virtually any platform. For more information about TVN's products and services, please visit www.TVN.com.

Fox Cable Networks (FCN) provide much of America's most popular entertainment, sports and informative content via 33 owned-and-operated television networks, video on demand and other media platforms. Fox Cable Networks span FX, FX HD, National Geographic Channel, National Geographic Channel HD, Fox Reality Channel, Fox Movie Channel, Fuel TV, FSN and 16 regional cable sports networks, SPEED, SPEED HD, Big Ten Network, Big Ten Network HD, Fox Soccer Channel, Fox College Sports and Fox Sports en Espanol. These services collectively reach more than 550 million television homes.

 For more information, contact: Dwayna A. Haley Bob Gold & Associates 310-784-1040 Email Contact

SOURCE: TVN Entertainment

Source: MARKET WIRE

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