SOURCE: Avail-TVN

Avail-TVN

October 05, 2011 10:23 ET

VTR, Bazuca and Avail-TVN Announce Agreement to Enhance Offer of Video on Demand and Over-the-Top Services in Latin America

Avail-TVN to Provide Managed Services for VTR and Bazuca

RESTON, VA and SANTIAGO, CHILE--(Marketwire - Oct 5, 2011) - Avail-TVN, the leading digital media services company, and Liberty Global-owned companies VTR and Bazuca announced an agreement for Avail-TVN to provide managed services for VTR's leading video on demand (VOD) platform and Bazuca's over-the-top (OTT) video service.

VTR, Chile's largest multi-channel television provider, offers video, broadband Internet, and telephony services to more than 1.1 million customers in Chile. Bazuca, Chile's largest online entertainment company, provides access to OTT video content to 360,000 customers. Under the agreement, Avail-TVN will provide encoding, asset management, metadata, content acquisition and licensing, and rights management for both VTR's VOD platform and Bazuca's OTT platform.

"Demand for movie content and for flexible access to that content across multiple viewing devices continues to grow in Chile and throughout Latin America," said Mauricio Ramos, President, Liberty Global Latin America. "Leveraging Avail-TVN's content management experience, multiplatform solution, as well as its relationships with major studios ensures we can successfully meet the increasingly sophisticated requirements of our customers. With these agreements, we will significantly enhance our offer of premium VOD and OTT video content from all major studios, giving our customers the breadth and choice they desire."

Avail-TVN recently announced AnyView™, a fully-managed multi-screen video service that uses adaptive bitrate technology (ABR) to ensure a seamless, high quality viewing experience over connected consumer electronic devices. With ABR and Avail-TVN's unique "through the (service provider) network," VTR and Bazuca will be able to deliver a consistently high level of video and audio quality to authenticated subscribers in their living rooms, and on multiple connected devices, while reducing streaming expenses.

"Avail-TVN is thrilled to be working with VTR, Bazuca and Liberty Global to provide services for the Latin American market," said Ramu Potarazu, CEO, Avail-TVN. "Our expertise in managing and delivering content securely to increasingly complex eco-systems and our long-standing studio relationships allow us to license the highest quality and most commercially desirable content. We are pleased to be working with these leading international content providers seeking cost-effective ways to enhance and expand subscriber viewing options."

About Liberty Global, Inc.
Liberty Global is the leading international cable operator offering advanced video, voice and broadband internet services to connect its customers to the world of entertainment, communications and information. As of December 31, 2010, Liberty Global operated state-of-the-art networks serving 18 million customers across 14 countries principally located in Europe, Chile, and Australia. Liberty Global's operations also include significant programming businesses such as Chellomedia in Europe.

About VTR
VTR is Chile's largest multi-channel television provider, and a leading provider of broadband internet and residential voice services. VTR provides video, broadband internet, and traditional circuit-switched & digital (VoIP) telephony services to 1.1 million customers.

About Bazuca
Bazuca is Chile's leading online movies service that offers a streaming video service that provides thousands of hours of content including new releases, TV shows, as well as contemporary and classic films in SD and HD. Users can instantly watch movies and TV shows from the Bazuca on Demand website or directly through SmartTV's and connected Blu-ray players, among other connected devices.

About Avail-TVN
Avail-TVN is the leading provider of digital media services in North America serving both content owners and multichannel video providers. The Company's advanced services deliver a comprehensive, end-to-end solution for monetizing video content, providing high-quality viewing experiences, and improving the performance, reliability and security of its customers' video programming distribution. For more information, please visit www.avail-tvn.com.