Private Media Group is set to launch its content with additional European IPTV operators in Poland, the Netherlands, Italy, Greece and Portugal before the end of the year. The platform operators in these countries include leading telecoms which all offer Triple-Play featuring IPTV based Video-On-Demand.
Berth Milton, CEO of Private Media Group commented: “With launches recently taking place in France, Belgium, Spain and Germany, we are extremely pleased with the continued rollout in the fast growing IPTV/VOD market in Europe. Offering better buy rates and higher margin than traditional cable VOD, we expect the launch of our content on these platforms to add substantial shareholder value going forward.”
As of November 2007, the Company had agreements with 23 IPTV/VOD platforms in 11 territories covering approximately 74 per cent of all IPTV subscribers in Europe.