INTERTAINER SECURES BROADBAND VOD RIGHTS TO MGM TITLES
Agreement Includes New Releases And Select Library Films
CULVER CITY, CA, February 18, 2002 - Solidifying its
position as a leading video on demand content aggregator, Intertainer
today announced an agreement with MGM that allows the company to
include MGM titles as part of their broadband video-on-demand service.
The agreement goes into effect immediately.
According to the agreement, Intertainer's Internet Protocol (IP)
service will showcase many of MGM's new releases, as well as a selection
from its renowned 4,100-title film library. The MGM library boasts
fourteen "Best Picture" Oscar® winners, the enormously successful
Rocky film series, numerous Woody Allen favorites as well as hundreds
of celebrated classic titles including Some Like It Hot and The
Terminator.
"As a former movie producer and true aficionado, I'm thrilled to
be able to offer our subscribers access to MGM's quality new releases
and seminal classics," said Intertainer CEO Jonathan Taplin. "Adding
MGM to our current roster of A-list content partners ensures that
Intertainer's content offering will continue to be the best in the
business."
"MGM is always looking for new ways to build audiences for our
new and classic library films. As part of that commitment, we often
embrace new technologies early in their lifecycle in order to gain
insights about consumer behavior and to maintain our competitive
edge," said David Bishop, president and COO - MGM Home Entertainment.
"Intertainer is a leader and innovator in video-on-demand delivery
and thus an ideal partner for MGM in this arena."
Intertainer's IP VOD service recently launched in the nation's
top 35 broadband markets, giving consumers instant access to movies,
music and television programming from the biggest names in entertainment.
In addition, Intertainer has long been a pioneer in the digital
cable VOD space, securing deployments with leading cable operators
Adelphia Communications and Comcast.
About Intertainer
Using its flexible, interoperable Digital Entertainment Service
Platform, Intertainer (www.intertainer.tv)
delivers the largest selection of movies, music videos and television
programming on-demand instantly to your PC or TV. The service is
delivered over digital cable and broadband systems and features
content from unprecedented partner relationships including Universal
Pictures, Warner Bros., DreamWorks SKG, MGM, A&E Networks, NBC,
Discovery, ESPN, Pearson Television, Warner Music, EMI Music and
many others. Enhanced TV functionality, interactive advertising,
and personalization features round out the Digital Entertainment
Service Platform offering and the Intertainer experience. Strategic
partners include Thomson, Comcast, Intel, Microsoft, NBC, Qwest
and Sony.
About MGM Home Entertaiment
MGM Home Entertainment controls the home video, DVD and video-on-demand
rights to the largest modern library of filmed entertainment in
the world. The Company manages worldwide home video, DVD and video-on-demand
distribution rights to United Artists and current Metro-Goldwyn-Mayer
theatrical releases, as well as titles from Orion, Goldwyn, and
PolyGram libraries, totaling more than 4,100 films. For more information
about MGM Home Entertainment, its products, and services, access
MGM online at www.mgmhomevideo.com.
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Contact:
Louise Rasho, 310-895-2112, lrasho@intertainer.com
Steve Wegner, 310-449-3372, swegner@mgm.com