BOULDER, Colo.– New Frontier Media, Inc. (Nasdaq: NOOF), a leading provider of transactional television services and a distributor of independent general motion picture entertainment, announced Wednesday that it has secured satellite transponder capacity for the launch of three international linear pay-TV channels. The satellite footprint covers all of Latin America and parts of Europe, including Spain and Portugal.
New Frontier Media has emerged as a leading provider of top-performing transactional adult content in both the domestic and international markets in which it operates.
“Over the past 24 months, our international distribution has grown from zero to over 35 million network households,” said Michael Weiner, CEO of New Frontier Media, Inc. “We have quickly become the top-performing provider of adult programming on the major international platforms that carry our content. As a result, most operators that distribute our video-on-demand product have materially increased our share of shelf space over the past 12 months. Additionally, operators that currently distribute our linear pay-per-view channels internationally have indicated that New Frontier Media is the category leader in terms of overall performance. Based on this performance data and the sequential growth in our international revenue, we are confident that three additional channels in Latin America and Europe will accelerate this growth.”
“We expect the new international channels to launch on May 1st of this year,” continued Mr. Weiner. “At the time of launch, we expect to have signed carriage agreements with operators that will increase our linear channel distribution in Latin America by more than 20%. We also expect our addressable subscriber base to grow steadily as operators in markets outside the U.S. continue to roll out digital TV services to their customer base.”