SOURCE: TVN Entertainment

TVN Entertainment

February 24, 2009 08:03 ET

TVN Strikes the Right Chord With MTV Networks/BET Networks for a Comprehensive Services Deal

SHERMAN OAKS, CA--(Marketwire - February 24, 2009) - TVN® Entertainment Corp., the world's largest television on-demand company, and MTV Networks (MTVN)/BET Networks (BETN) today announced a multiyear industry-wide television VOD deal spanning the company's numerous media networks, including BET, MTV, MTV2, MTV Tr3s, VH1, VH1 Classic, Nickelodeon, Noggin, The N, COMEDY CENTRAL, CMT, Palladia, Spike, and LOGO. TVN will help support MTVN/BETN's many on-demand TV initiatives.

Under the agreement, MTVN/BETN will use TVN's full suite of on-demand services including: ADONISS™ 2 -- the Emmy® nominated asset management system; iPRI -- TVN's advanced asset management tool that allows programmers real-time changes to metadata post-pitch; TVNow fast turn services for time-sensitive high profile programming and advertising; and support for both SD and HD formats and multiple CODECs, to a wide range of VOD distributors. The deal also involves testing advanced services, metadata modifications, and ad-supported and transactional content, as well as operator, platform, and market-specific content across TVN's ubiquitous North American footprint.

"MTVN/BETN continues to be an innovator in the VOD arena by consistently creating cutting edge multi-platform programming and promotions that drive viewing and advance the category," said Matt Cohen, senior vice president of strategy and business development for TVN Entertainment. This agreement, which includes new on-demand applications, will enhance MTVN/BETN's ability to embrace new paradigms in file-based programming."

"TVN combines advanced technology solutions with a seasoned customer service focus that we feel is unmatched in the VOD services industry," said Melody Tan, Senior Vice President of Strategy & Business Operations, Content Distribution & Marketing for MTVN/BETN. "As we've expanded the volume and complexity of our VOD offering, TVN has become an integral part of our process, allowing us to serve our distribution partners' needs and provide the viewing experience our customers demand."

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.

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