SOURCE: TVN Entertainment

TVN Entertainment

March 03, 2009 08:03 ET

Mag Rack Entertainment Selects TVN for Comprehensive VOD Services

Company Will Also Support Mag Rack Entertainment's Plans to Re-Brand Lifeskool

LOS ANGELES, CA--(Marketwire - March 3, 2009) - TVN® Entertainment Corp., the world's largest television on-demand company, today announced a comprehensive long-term VOD services deal with Mag Rack Entertainment, a New York-based media company focused on delivering interactive and personalized media to consumers via TV, mobile devices and the Internet.

The agreement covers the full range of VOD services offered by TVN, including metadata publishing, distribution and asset management services to support various codecs, formats, fast turnaround requirements, distribution platforms, and advertising initiatives across North America. Mag Rack will also utilize TVN's interactive web-based asset tracking and management toolset Provider Remote Interface (PRI) which allows for live updates to their VOD programs via automated metadata conversions, and provides for a broad array of services including appending, encoding/transcoding, delivery and asset management services.

The unit formerly known as Lifeskool under ownership by Rainbow Media Holdings Inc. was sold last October to long-time media, entertainment and technology entrepreneurs Joe Covey and Matthew Davidge, who are operating the business using the network's previous brand name, Mag Rack. The new entity also recently purchased ConcertTV to further expand their VOD offerings. TVN will support Mag Rack Entertainment's VOD initiatives including the re-branding of Lifeskool.

"TVN has unique expertise in VOD and we are pleased to have them delivering our quality programming for our Mag Rack and Concert TV VOD networks," said Joe Covey, CEO of Mag Rack Entertainment.

"Mag Rack Entertainment is an ideal example of a business that understands the growing consumer appetite for unique, compelling content with targeted line extensions that play across a broad range of platforms," said Matt Cohen, SVP, Strategy & Business Development for TVN Entertainment. "Our programming and distribution experience provides our new partners with the tools and information necessary to succeed in todays diverse and ever expanding entertainment business."

In addition to providing comprehensive VOD services to cable, telecommunications, and DBS providers, TVN packages, distributes and manages over 8300 hours of programming from nearly 200 content providers including every major movie studio. TVN also maintains an exclusive roster of eight unique VOD networks. Beyond content distribution, TVN also supplies comprehensive marketing support and asset management services via their Emmy-nominated system ADONISS™.

About Mag Rack Entertainment, Inc.

Mag Rack Entertainment, Inc., formed in 2008, is a New York-based media company focused on delivering interactive and personalized media to consumers via TV, mobile devices and the Internet. For further information, go to www.magrackentertainment.com.

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.

Contact Information

  • For more information, contact:

    For TVN Entertainment
    Marco Torresi
    Atomic PR
    310-689-7581
    marco@atomicpr.com

    For Mag Rack Entertainment:
    Wendy Simmons
    vendeloo.incorporated.
    www.vendeloo.com
    718-522-9873 (office)
    917-327-6188 (mobile)