Verizon announced a long-term agreement with TVN Entertainment for video-on-demand programming and services on its upcoming FiOS TV service. Financial terms were not disclosed.
TVN will provide Verizon with a wide range of VOD programming including new studio releases, a library of previous releases, independent movies, family and kids programming, and a broad array of free on-demand and specialty VOD networks. Verizon will also use TVN's advanced services, including TVN's exclusive TVNow rapid-turnaround service that enables subscribers to order news and events, such as the presidential inauguration, within hours of their occurrence.
TVN Entertainment Corporation is one of the largest privately held digital content aggregation, management, distribution, and service companies in the U.S. The company currently packages and distributes more than 2000 hours of VOD programming every month. This includes TVN-licensed movie titles, children's and Spanish language content, and genre-themed on demand channels as well as delivering Subscription-Video-On-Demand (SVOD) and network programming for many of the major cable networks.
In addition to video on demand, FiOS TV will deliver hundreds of digital channels, high-definition programming, an interactive programming guide and other features via the company's fiber-to-the- premises broadband network, now under construction in parts of 12 states.
Verizon said customers will be able to buy FiOS TV as a stand-alone service or packaged with voice and FiOS high-speed data services. FiOS TV is expected to be launched later this year.
http://www.verizon.com
http://www.tvn.com
- TVN's ADONISS open-standard platform service solution for VOD asset management and distribution, has been in market for more than three years. ADONISS is currently deployed by five of the top cable MSOs and integrated with Motorola, Scientific Atlanta, TV Guide, TV Gateway, SARA, nCube, SeaChange, and Concurrent.
- In January 2005, Verizon announced plans to use the Microsoft TV platform for the commercial rollout of its FiOS TV service. Verizon has also said that FiOS TV will use the Motorola set-top hardware platform.
