January 04, 2000 09:30am
'Pleasure' to Grow Distribution on Time Warner Cable Systems
Source: New Frontier Media, Inc
(BOULDER, CO) -- New Frontier Media, Inc. announced that Time Warner (NYSE: TWX - news) has signed a corporate carriage agreement for Pleasure, a 24-hour, pay-per-view adult entertainment network that features the most edited standard in the adult category. Pleasure initially launched on Time Warner Cable's West Valley, Canyon Country and South Pasadena, Calif. systems on June 1, 1999.
Pleasure offers cable and satellite companies a new choice for adult programming that incorporates the fully edited adult standard with the best business plan in the industry. Pleasure's programming focuses on story-driven, film-based, high-quality productions. The Network offers 60 titles per month, including 20+ World Premiere movies each month, with unduplicated air times.
New Frontier Media, Inc.'s Chief Executive Officer Mark Kreloff explained that, ``The Company's aggressive business plan for revenue sharing speaks for itself. In the six months since Pleasure's launch, we've clearly demonstrated that the most-edited adult programming category can be a revenue leader.''
Ken Boenish, Senior Vice President, Sales and Marketing, added that, ``Pleasure has received a warm reception from Time Warner system managers. Indeed, we have already been given several verbal commitments to launch Pleasure and we look forward to the opportunity to add the service in other Time Warner markets.''
Pleasure currently reaches more than 3.3 million cable and satellite homes nationwide.
ABOUT NEW FRONTIER MEDIA, INC.
New Frontier Media, Inc. is a leader in the electronic distribution of adult entertainment with an unparalleled library of content. Through its television subsidiary, the Company distributes adult entertainment via pay-per-view and subscription cable/satellite video networks. Cable/DBS networks include Pleasure, the most-edited standard available in the category; TeN (The Erotic Network), which incorporates partial-editing standards and Extasy, the least edited standard.
Through its Internet subsidiaries, New Frontier Media designs, creates and implements company-owned subscription/membership-based web sites for the adult Internet consumer markets. It also operates traffics sales and acquisition programs for the adult webmaster community. In addition, the Company serves as a single source for a comprehensive range of high-performance Internet products and services, including transaction processing, dedicated access, web hosting, co-location, e-commerce application development, streaming media, and bandwidth management. New Frontier Media's network infrastructure enables the delivery of live and on-demand video events to millions of Internet users.
Some statements in this release include forward-looking commentary subject to risks and uncertainties, including those risks detailed in the Company's Securities Exchange and Commission filings. These risks could cause actual results to differ materially from those set forth or implied by any forward-looking statements.