PRVT » Topics » IPTV driven Video-on-Demand

These excerpts taken from the PRVT 10-K filed Apr 15, 2009.

IPTV driven Video-on-Demand

While European broadband users are signing up for IPTV services in the hundreds of thousands each month, making Europe the biggest and fastest growing IPTV region in the world6, we have successfully implemented part of our new media strategy and contracted for supplying content for TVOD7 services to a total of 36 major platform operators in 18 countries in the region. During 2008 the European IPTV market grew by 50% to 11.3 million IPTV subscribers and by the end of the year we had gained more than 70% coverage with over 8.9 million subscribers. We expect this new broadcasting business to be main driver behind our future growth. Not only is this a rapidly expanding new business, but also a high-margin distribution channel with no additional investment requirements.

IPTV driven Video-on-Demand

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%;padding-bottom:3px;line-height:95%; vertical-align:top">While European broadband users are signing up for IPTV services in the hundreds of thousands each
month, making Europe the biggest and fastest growing IPTV region in the world
6, we have successfully implemented part of our new media strategy and
contracted for supplying content for TVOD
7 services to a total of 36 major platform operators in 18 countries in the region. During 2008 the
European IPTV market grew by 50% to 11.3 million IPTV subscribers and by the end of the year we had gained more than 70% coverage with over 8.9 million subscribers. We expect this new broadcasting business to be main driver behind our
future growth. Not only is this a rapidly expanding new business, but also a high-margin distribution channel with no additional investment requirements.

FACE="Times New Roman" SIZE="2">General Licensing

In Europe we license our content to channel operators. Typically we contract for a
certain time period for a) a set quantity of specific titles, or b) access to our entire library for a limited quantity of unspecified titles. The operators distribute via Digital Terrestrial Television (DTT) and Cable & Satellite and are
spread across Europe and include companies such as: Erotic Media ag, Sky Italy and Canal+.

In the United States, we recently partnered
with New Frontier Media for the exclusive distribution of Private branded content to the U.S. broadcast market including video-on-demand, pay-per-view, IPTV and television. New Frontier Media’s services reach over 139 million network homes
and recently our content became available on the first video-on-demand platform in the US to more than six million subscribers via one of the biggest operators. Going forward, we expect additional video-on-demand platforms in the US to follow.

This excerpt taken from the PRVT 10-K filed Mar 17, 2008.

IPTV driven Video-on-Demand

While European broadband users are signing up for IPTV services in the hundreds of thousands each month, making Europe the biggest and fastest growing IPTV region in the world7, we have successfully implemented part of our new media strategy and contracted for supplying content for TVOD8 services to a total of 24 major platform operators in 11 countries in the region. During 2007 the European IPTV market grew by 60% to 6.4 million IPTV subscribers and by the end of the year we had gained 70% coverage with over 4.5 million subscribers. We expect this new broadcasting business to be main driver behind our future growth. Not only is this a rapidly expanding new business, but also a high-margin distribution channel with no additional investment requirements.

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