Interactive Television Networks Unveils PULSE Network16 February 2006
Interactive Television Networks, Inc. (OTC Bulletin Board: ITTV.OB) (ITVN), a leader in Internet Protocol Television (IPTV), today announced the launch of PULSE, the first IPTV music video network.
PULSE will offer unlimited video-on-demand access to a commercial free library of more than 30,000 music videos from all the major recording labels, with new videos added weekly. Videos will be organized into dozens of 24/7 channels, classified by specific group and genre. Channels will include "The Heartland" for country music fans, "Old School Jamz" which will show favorite hip-hop videos and "Rock ON!" showcasing classic rock videos, among many others.
Subscribers will also be able to create playlists of their favorite videos, which can be viewed in order or at random and can even be shared with other subscribers.
According to a recent report by AccuStream iMedia Research, "overall, streaming media subscription and download revenue grew by 150% from 2003 through 2004, 109% from 2004 through 2005 and is currently forecast to increase by another 45% in 2006. The market is forecast to reach $2 billion in total revenue in 2006, with music, sports and entertainment subscription and download revenue the leading content categories" and music is leading the pack.
PULSE will be available in May of this year, at a cost of $4.95 per month.
What is IPTV?
IPTV is broadcast-quality television delivered over standard home broadband Internet. While offering the same quality as satellite or cable, IPTV has many advantages, such as virtually limitless programming and on-demand content because only channels selected by consumers are delivered over home broadband networks. All content including HDTV can be distributed on a subscription or pay-per-view basis with content promotion integrated into the user experience. Best of all, IPTV offers true interactivity for the customer, allowing two-way communication with services comparable to the Web, creating a better environment for users, programmers and advertisers.
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About ITVN
ITVN manufactures a low-cost, compact set-top-box that links the home television to IPTV networks and services without the need for a personal computer. In addition, ITVN is a provider of proprietary interactive content networks delivered to the television over home broadband. ITVN owns or controls all aspects of its business from content licenses, management, billing, and streaming software to its low-cost compact set-top-box.
ITVN is making IPTV relevant to the everyday consumer by offering a growing number of niche-market networks while keeping the service affordable. Current and future networks include movie channels, music channels, news channels, and many other options where the overall viewing environment is enhanced by ITVN's true interactivity.
In October of 2005, ITVN was named the "Innovator of the Year" at DigitalLife, a three-day consumer event produced by Ziff Davis Media. For more information please visit http://www.itvn.com .
Source: dmnnewswire
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