MARKET WIRE
TVN Entertainment today announced a multi-year deal with MTV Networks and BET Networks to provide VOD Services across MTVN's family of popular networks including MTV, VH1, CMT, Nickelodeon, Logo and Comedy Central; and for BET Networks' flagship channel BET.
TVN will supply VOD distribution and asset management services, and employ its TVNow rapid turnaround system in support of time sensitive content from MTVN and BET. TVN supports a growing network of cable MSOs, as well as wired and unwired telecommunications affiliates throughout the U.S. and Canada.
"MTV Networks' and BET's products have become a staple in the television lexicon, and this deal signals the extension of their strong brand into the growing number of VOD systems and formats being deployed today," said Jim Riley, EVP Sales & Business Development at TVN. "TVN is excited to work with MTVN and BET as VOD service partners, and we look forward to an innovative relationship in the expanding VOD category."
"TVN has positioned itself as an innovative leader in VOD distribution and we are pleased to conclude this deal that helps provide solutions for our Affiliates to launch our popular VOD packages," said Jason Witt, Vice President, National Accounts, MTVN.
About MTV
MTV Networks, a unit of Viacom, is one of the world's leading creators of programming and content across all media platforms. MTV Networks, with more than 120 channels worldwide, owns and operates the following television programming services -- MTV: MUSIC TELEVISION, MTV2, VH1, mtvU, NICKELODEON, NICK at NITE, COMEDY CENTRAL, TV LAND, SPIKE TV, CMT, NOGGIN, VH1 CLASSIC, LOGO, MTVN INTERNATIONAL and THE DIGITAL SUITE FROM MTV NETWORKS, a package of 13 digital services, all of these networks are trademarks of MTV Networks. MTV Networks connects with its audiences through its robust consumer products businesses and its more than 95 interactive properties worldwide, including online, broadband, wireless and interactive television services and also has licensing agreements, joint ventures, and syndication deals whereby all of its programming services can be seen worldwide.
About BET Networks, a subsidiary of Viacom, Inc., is the nation's leading provider of quality entertainment, music, news and public affairs television programming for the African-American audience. The primary BET channel reaches more than 80 million households according to Nielsen media research, and can be seen in the United States, Canada and the Caribbean. BET is the dominant African-American consumer brand with a diverse group of businesses extensions: BET.com, the Number 1 Internet portal for African Americans; BET Digital Networks -- BET J, BET Gospel and BET Hip Hop, attractive alternatives for cutting-edge entertainment tastes; BET Event Productions, a full-scale event management and production company; BET Home Entertainment, a collection of BET-branded offerings for the home environment including DVDs and video-on-demand; and BET Mobile, a service venture into the lucrative world of ring tones, games and video content for wireless devices.
About TVN Entertainment Corporation
TVN Entertainment, a video on demand (VOD) content solutions company, is a leading provider of on demand television programming, management and delivery services. TVN currently distributes more than 2500 hours of VOD programming monthly from over 100 content providers. In addition to comprehensive programming services, TVN Entertainment offers the only single-source management and distribution solution for VOD, including content aggregation, packaging, encoding, asset management and fully encrypted transport via satellite to all video service providers. TVN Entertainment has been chosen as the VOD solution for many leading MSOs and telecommunications companies, including Adelphia, Bresnan, Buckeye, Blue Ridge, Cablevision, Charter, Comcast, Cox, Insight, Mediacom, Qwest and Verizon. For more information visit www.TVN.com.
Contact: Eileen Eberhardt TVN Entertainment 818-295-4505 Contact via http://www.marketwire.com/mw/emailprcntct?id=03246F6479511C7E
SOURCE: TVN Entertainment
