New Frontier Media and Private Media Group Partner to Bring Premium Entertainment to North America in Exclusive Content Distribution Deal
New Frontier Media and Private Media Group Partner to Bring Premium Entertainment to North America in Exclusive Content Distribution Deal
BOULDER, Colo. and BARCELONA, Spain, Aug. 6 /PRNewswire-FirstCall/ -- New Frontier Media, Inc. (NASDAQ:NOOF) , a worldwide producer and distributor of general and adult-themed motion picture entertainment, and Private Media Group, Inc. (NASDAQ:PRVT) , a leader in adult entertainment, today announced an exclusive content distribution deal to bring premium entertainment to North America.
Under the terms of the contract, New Frontier Media will be the exclusive licensee for distribution of Private content to the U.S. broadcast market including video-on-demand, pay-per-view, IPTV and television. A recognized leader in the production of high quality adult content, Private has an extensive library of over 1,000 titles and is one of the largest global adult entertainment companies.
"The Private brand adds scope, variety, and a distinctive international flavor to our content portfolio," said Ken Boenish, President of New Frontier Media, Inc. and TEN. "We look forward to offering this unique content to our distribution partners."
"New Frontier Media's superior distribution networks in the United States make it the ideal partner for Private as we seek to expand our reach in North America," said Peter Cohen, Chief Operating Officer of Private Media Group, Inc. "We are confident that our high quality content will provide compelling new entertainment options to the consumer compared to what is currently available in the U.S."
ABOUT NEW FRONTIER MEDIA, INC.
New Frontier Media, Inc. is a worldwide producer and distributor of adult-themed and general motion picture entertainment. Under the "The Erotic Networks" (R) trademark, the Company delivers seven, full-time adult-themed pay-per-view networks to cable and satellite operators across the United States. Additionally, the Company is a leading provider of adult-themed Video-on-Demand content to cable and satellite platforms. These services reach over 139 million network homes.
New Frontier Media's MRG Entertainment unit produces original, adult-themed content and series that are distributed on premium movie channels in the United States and around the world. MRG Entertainment also develops and produces original, adult-themed event programming that is widely distributed on satellite and cable platforms in the United States. Additionally, MRG Entertainment manages a sales operation, which matches independent, mainstream film producers with film distributors around the world.
New Frontier Media owns and operates a digital broadcast infrastructure in Colorado, which serves content to broadcast, IP and wireless networks around the world.
For more information about New Frontier Media, Inc. contact Karyn Miller, Chief Financial Officer, at (303) 444-0900, extension 102, and please visit our web site at http://www.noof.com/.
ABOUT PRIVATE MEDIA GROUP INC.
Private Media Group, Inc. (NASDAQ:PRVT) is the global leader in adult entertainment. An industry innovator since 1965, Private distributes premium content across multiple platforms including VOD/IPTV, wireless, broadband, television, DVDs and magazines. Private's web site, http://www.private/. com, is one of the most visited adult entertainment channels on the Internet. Private Media Group owns the worldwide rights to its extensive archive of top-quality content, and also licenses its "Private" and "Silver Girls" trademarks internationally for a select range of consumer products and services. For more information, please visit http://www.prvt.com/.
Disclaimer
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements are based on current expectations, estimates and projections made by management. The Company intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. Words such as "anticipates", "expects", "intends", "plans", "believes'', "seeks", "estimates", or variations of such words are intended to identify such forward-looking statements. All statements in this release regarding our confidence that Private's high quality content will provide compelling new entertainment options to the consumer compared to what is currently available in the U.S. and the future outlook related to New Frontier Media and the outcome of any contingencies are forward-looking statements. The forward- looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. All forward-looking statements made in this press release are made as of the date hereof, and the company assumes no obligation to update the forward-looking statements included in this news release whether as a result of new information, future events, or otherwise. Please refer to the Company's most recent Form 10-K and other filings with the SEC for additional information regarding risks and uncertainties, including, but not limited to, the risk factors listed from time to time in such SEC reports. Copies of these filings are available through the SEC's electronic data gathering analysis and retrieval system (EDGAR) at http://www.sec.gov/.
First Call Analyst:
FCMN Contact:
Source: New Frontier Media, Inc.
CONTACT: Karyn L. Miller, Chief Financial Officer of New Frontier Media,
Inc., +1-303-444-0900 x 102, kmiller@noof.com
Web site: http://www.noof.com/
http://www.prvt.com/
Profile: International Entertainment
0 Comments:
Post a Comment
<< Home