SOURCE: Players Network

January 22, 2008 08:00 ET

Players Network Signs Agreement With TVN Entertainment

Players Network Designates TVN Entertainment as Cross-Channel VOD Distribution Partner

LAS VEGAS, NV and BURBANK, CA--(Marketwire - January 22, 2008) - Players Network (OTCBB: PNTV) and TVN Entertainment, the world's largest on demand distribution company, announced today that both companies entered into an agreement to manage and distribute Players Network's library of original content.

Players Network, the leading Digital Media Television Network dedicated to Las Vegas and Gaming Lifestyle, has television distribution deals for its Video-On-Demand (VOD) channel Vegas On Demand with multiple distributors representing over 15,000,000 homes throughout the United States. Under the deal, Players Network will be able to utilize TVN's full suite of services including encoding/transcoding, asset management and delivery, and interactive metadata management tools, all via TVN's Emmy-nominated system, ADONISS, to deliver forty-plus Players Network programs per month from the company's proprietary library of over 1,000 programs to its multiple VOD distribution partners.

TVN manages 8,000 hours of VOD programming per month for over 100 Cable, Telco and Broadband partners, and is the leading single-source management and distribution solution for VOD which includes content aggregation, packaging, asset management and transport via satellite to all video service providers. With TVN as its VOD distribution partner, Players Network has expanded its ability to deliver its Vegas On Demand channel to millions of additional homes.

"This relationship with TVN is very exciting in this unprecedented period of growth for Players Network, allowing us to continue expanding our distribution reach through TVN's widely deployed distribution footprint, while streamlining our content flow, providing both cost-saving and added efficiencies to our current operations," states Mark Bradley, CEO and President of Players Network.

"The increasingly popular Las Vegas Lifestyle and Gaming category that Players Network brings to VOD represents a huge opportunity for our affiliates to serve the needs of this large and growing segment of the population and represents a host of exciting opportunities for advertising and related revenue streams," said Matt Cohen, Senior Vice President of Strategy and Business Development for TVN Entertainment. "Once again VOD provides the perfect platform for this unique content and what has proven to be a popular channel."

Statement under the Private Securities Litigation Reform Act:

With the exception of the historical information contained in this Release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including but not limited to: the ability of the Company to increase revenues in the future due to the developing and unpredictable markets for its products, the ability to achieve a positive cash flow, the ability to obtain orders for or install its products, the ability to obtain new customers and the ability to continue to commercialize its products, which could cause actual results or revenues to differ materially from those contemplated by these statements.

Contact Information

  • Contact Information
    Players Network
    Leslie Thomas
    (702) 895-8884
    Email Contact

    For more information about TVN Entertainment, please contact:

    Bob Gold and Associates
    Dwayna A. Haley
    (310) 784-1040
    Email Contact