WWE Signs New PPV Contract With InDemand

 

 

Pay-Per-View Events Will Be Available in English and Spanish

BURBANK, Calif., Sep 9, 2003 /PRNewswire via COMTEX/ -- TVN Entertainment Corporation, the leading provider of on demand television programming, management and delivery services, today announced a new three-year licensing agreement with World Wrestling Entertainment, Inc. (WWE), the #1 provider of pay-per-view programming in the world.

The agreement covers WWE's monthly Pay-Per-View events and the WWE Fanatics series. Live WWE Pay-Per-Views will be offered in English and Spanish. Multiple showings will also be made available on Event TV, TVN's premier linear event's channel, allowing operators to maximize tune-in and revenue from WWE programs.

"We are extremely happy to continue our relationship with WWE and bring this enormously popular event programming to our affiliates," said Doug Sylvester, TVN's Chief Operating Officer. "WWE programs are consistently among the top rated programs on both cable and broadcast."

"WWE is the world's largest pay-per-view provider, and this agreement allows TVN to continue to bring their customers our brand of outstanding entertainment," said Kurt Schneider, WWE Executive Vice President, Marketing. "We look forward to working with TVN to expand our Pay-Per-View presence among Hispanic audiences and to provide new Pay-Per-View programming to their entire viewer base."

About TVN Entertainment Corporation

TVN Entertainment, the leading provider of on demand television programming, management and delivery services, enables Video-On-Demand (VOD), Pay-Per-View (PPV) and direct response programming reaching over 35 million U.S. cable television households. TVN currently distributes more than 1500 hours of VOD programming from over 70 content providers. In addition to comprehensive programming services, TVN Entertainment offers the only single- source management and distribution solution for VOD and PPV, including content aggregation, packaging, encoding, asset management and transport via satellite to all video service providers. TVN Entertainment has been chosen as the VOD content solution for many leading MSOs, including Adelphia, Charter, Comcast, Insight and Mediacom.

World Wrestling Entertainment, Inc. (NYSE: WWE) is an integrated media and entertainment company headquartered in Stamford, Conn., with offices in New York City, Los Angeles, Toronto and London. Additional information can be found at wwe.com and corporate.wwe.com. For additional information on WrestleMania XX, to be broadcast live on pay-per-view from Madison Square Garden in New York City on March 14, 2004, go to wrestlemania.wwe.com