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Monday, March 07, 2005

TVN Entertainment Signs New Long-Term Agreement With Rainbow for On-Demand Content

TVN Entertainment Signs New Long-Term Agreement With Rainbow for On-Demand Content

Comprehensive Agreement Includes Mag Rack, sportskool, Uncensored and World Picks Services

Up to 900 Titles Per Month

BURBANK, Calif., March 7 /PRNewswire/ -- TVN Entertainment, a leading provider of on demand television programming, management and delivery solutions, today announced a new long-term Video On Demand (VOD) services agreement with Rainbow Programming Holdings LLC, a subsidiary of Rainbow Media Enterprises LLC. The agreement includes both video on demand (VOD) and subscription video on demand (SVOD) offerings including Mag Rack, sportskool, Uncensored On Demand and the World Picks services and allows for up to 900 VOD titles per month.

"Rainbow has been a long time TVN partner and we are delighted that we have extended and expanded our VOD relationship," said Matt Cohen, TVN Vice President of Business Development. "This agreement allows Rainbow to continue to be one of the largest and most innovative VOD programmers in the industry with an unprecedented 900 VOD titles per month."

"TVN has been a valued supporter and distributor of Rainbow's on-demand programming in the past, especially Mag Rack," commented Lisa Schwartz, Senior Vice President, National Accounts and Advanced Services, Rainbow Network Sales. "We're pleased to reach this new and expanded agreement and we anticipate that TVN's reach and platform flexibility will help us as we grow and expand our on-demand business."

About TVN Entertainment Corporation

TVN Entertainment, a video on demand (VOD) content solutions company, is a leading provider of on demand television programming, management and delivery services. TVN currently offers more than 2000 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, including content aggregation, packaging, encoding, asset management and transport via satellite to all video service providers. TVN Entertainment has been chosen as the VOD solution for many leading MSOs and telecommunications companies, including Adelphia, Bresnan, Buckeye, Blue Ridge, Cablevision, Charter, Comcast, Insight, Mediacom and Verizon. For more information visit www.TVN.com.

About Rainbow Media Holdings LLC

A leader in sports, news and entertainment programming, Rainbow Media Holdings LLC is a subsidiary of Cablevision Systems Corporation. Rainbow owns and manages national networks: AMC, Fuse, IFC (The Independent Film Channel) and WE: Women's Entertainment, as well as Mag Rack, a collection of on-demand video magazines. Rainbow's other businesses include its regional programming services -- MetroChannels, News 12 Networks and Rainbow Sports Networks -- in addition to the Rainbow Advertising Sales Corporation and Rainbow Network Communications. Rainbow is a 50 percent partner in Fox Sports Net.

Source: TVN Entertainment

CONTACT: Eileen Eberhardt of TVN Entertainment, +1-818-295-4505, eeberhardt@TVN.com

Web site: http://www.tvn.com/

------- Profile: Ent

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