SEACHANGE’S ON DEMAND GROUP AND POWER ANNOUNCE MULTI-SCREEN SVOD DEAL
FOR LATIN AMERICA
LONDON (19 April 2012) SeaChange International’s (Nasdaq: SEAC) On Demand Group (ODG) and Power, the leading independent TV Producer, today announced a multi-screen deal to provide the latest Power TV movies and mini-series to ODG Subscription Video-On-Demand (SVOD) services in Latin America.
Under the terms of the deal, consumers of ODG’s operator clients in the territories with SVOD access will be able to watch premium movies and TV mini-series such as Dinotopia, 5 Days till Midnight, Archangel and The Virgin Queen, whenever they want with full control to pause, rewind or fast forward on their TV, PC or mobile device.
ODG has grown rapidly to become the leading VOD aggregator in Europe and the Middle East, and is now focusing on growing its services with operators in Latin America. The company was appointed to manage the Cablevision Mexico City TVOD service in October 2011, and its SVOD service in December 2011.
Tony Kelly, CEO of ODG, said, “We’re very pleased to bring content from Power to add to the growing list of major movie, TV and music deals we have signed in the region. This is further evidence of our successful cross-territory content aggregation strategy and the development of compelling VOD services that we bring to operators. We fully expect to be able to announce further operator contracts in the region shortly as further evidence of our rapid growth.”
Susan Waddell, CEO of Power, said, “Power is committed to responding to consumer demand for choice by delivering quality content in the most flexible and convenient ways possible. We are therefore delighted to be working with ODG to provide its customers with direct access to an impressive line-up of Power TV movies and mini-series in the comfort of their own homes.”
ODG develops and manages the on-demand businesses of a growing roster of market-leading service providers including Virgin Media in the U.K., SFR Neuf in France, OTE in Greece and du in Dubai, among others. The On Demand Deutschland joint venture specializes in services to German-speaking countries and currently supports Telekom Austria, Unity Media, KBW and others. ODG’s service and technology suite, including the VZ and Adrenalin content management platforms is engaged in whole or in part by the service providers who are today proliferating high-quality streamed video to millions of cable, IPTV and mobile subscribers. The company produces and processes movies, programmes and promotions in English, French, German, Greek, Italian, Serbian, Slovenian, Spanish, Portuguese, Croatian and Arabic.
About On Demand Group
On Demand Group specializes in content lifecycle management for video-on-demand, from acquisition through full monetization, today enabling the highest quality services across millions of TVs, phones and broadband connections. The company’s unique multi-screen approach enables cable, telco and broadband service providers to develop an integrated, cross-platform content offer. ODG is a subsidiary of SeaChange International, the global leader in multi-screen video. SeaChange International (NASDAQ: SEAC). Visit www.ondemand.co.uk
About SeaChange International
Ranked among the top 250 software companies in the world, SeaChange International (NASDAQ: SEAC) enables transformative multi-screen video services through an open, cloud-based, intelligent software platform trusted by cable, IPTV and mobile operators globally. Personalized and fully monetized video experiences anytime on any device, in the home and everywhere, are the product of the Company’s superior back office, advertising, content and in-home offerings.
SeaChange’s hundreds of customers are many of the world’s most powerful media brands including all major cable operators in the Americas and Europe, and the largest telecom companies in the world. Headquartered in Acton, Massachusetts, SeaChange is TL 9000 certified and has product development, support and sales offices around the world. Visit www.schange.com.
