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New Frontier Media Inks Deal

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Mar 11, 2004 1:14 PM PST    Text size: 
BOULDER, Colo. – Adult content provider New Frontier Media Inc. said Thursday that it has inked a deal to distribute five of its pay-per-view channels to a major cable TV operator.

A company spokeswoman declined to say which cable TV operator signed the deal, nor did she disclose terms of it. But she said that the deal is with one of the nation’s top five operators that reaches 2 million homes.

The agreement, through subsidiary TEN, provides for the distribution of Pleasure, TEN, TEN Clips, TEN Blue and TEN Blox on all of the operator’s U.S. cable systems.

Through its Erotic Networks subsidiary, the company operates several pay-per-view and video-on-demand channels offering adult entertainment on cable, satellite and direct broadcast systems that reach over 58 million customers.

The company’s Internet division creates and markets its flagship site, TEN.com, which includes live and recorded broadband adult video content.

Its pay-per-view site, ondemand.ten.com provides full-length movie downloads for full-screen playback. The service is also offered in some hotels, using a TV-enabled version of the downloads.

The publicly traded company also licenses online adult content to third parties.

According to a filing with the Securities and Exchange Commission, the company had sales of $36.7 million in sales in 2003

“We believe that New Frontier Media’s networks are consistently the most profitable pay-per-view product offered by any multi-service operator in the U.S.,” TEN President Ken Boenish said in a release. “This agreement provides for the distribution of our services on one of the last remaining major [cable] platforms for us.”

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