Private Media Group has announced the launch of a secure online broadband TV channel and Video-on-Demand (VoD) service at PrivateTV.tv.
The venture arrives through an agreement with Alfa Audiovisuales S.L. and allows broadband subscribers to stream or download DVD-quality Private titles on their computer or watch them on TV through a cable connection.
“We are very excited about being able to offer consumers our own TV channel and all of Private’s substantial and growing catalogue in a cutting-edge, user friendly, digital format. The immediate availability of content in DVD quality, coupled with discreet and secure methods of payment provides a new level of purchase convenience for customers,” said Private president and CEO Berth Milton.
Currently, the Private TV site is only available in Spanish, but the company plans to follow shortly with an English version and then a German version.
In addition to end-user-generated revenue, the service also employs a back-office capability that allows for integration with third party networks, thus opening another revenue stream for the company through licensing.
Consumers who patronize the service will have access to TV programming in six-hour blocks, featuring such things as industry news, interviews and behind-the-scenes footage. The VoD service offers streaming or downloading of full-motion, full-screen, DVD-quality movies. Downloaded movies are accessible for 48 hours and include the ability to pause, rewind and fast-forward.
“It is becoming clear that broadband is reshaping the global entertainment market; new entrants are inundating the industry and rattling established players. Content providers such as ourselves are suddenly able to close deals at fair margins with a much wider spectrum of delivery networks. Meanwhile, we are getting closer to the end consumer, which benefits us all,” Milton said.
