HUGE FAILURE # 6, SANTA MARIA, Calif.--(BUSINESS WIRE)--IBCS--
International Broadcasting Corporation (OTCBB:IBCS) has
signed separate content distribution deals with two companies, one a
distributor of programming to set-top box networks, and one a national
set-top box manufacturer and network. Negotiations are underway for
completion of a third agreement with yet another set-top box
manufacturer and private network which will offer variations on the
same basic premise.
The newly formed Los Angeles-based Media Router Inc. will be a
major provider of independent content to new set-top box networks, and
has sub-licensed the Cult Movies Online (www.cultmoviesonline.com)
library with agreements in place for additional channels to be
developed by IBC Entertainment group. The second company will roll-out
its network and set-top box device early next year backed with
aggressive marketing programs.
The Cult Movies Online library will be digitally enhanced for DVD
quality downloads specifically for the new set-top box networks, which
will provide a vast selection of Internet programming bypassing the
home PC and delivered directly to the set-top device connected to the
user's home entertainment system.
The set-top box networks will incorporate a state-of-the-art
platform for video-on-demand services delivered over the Internet.
This platform leverages the volume and momentum of the Internet and
combines it with recent technological advances in the areas of video
compression and digital rights management (DRM) technology.
With this architecture consumers can instantly access a broad
variety of targeted television programming delivered over the user's
broadband Internet connection. On demand features will be supported by
tiered subscription and pay per view transaction models with premium
packages offered in selected markets. The new device will offer an
integrated, interactive programming guide to consumers whereby they
can easily navigate and find their favorite shows, discover new ones
and subscribe to services in premium packages that meet their
particular interests. The set-top box will be as easy to install as a
DVD player and will feature a simple remote control and Wi-Fi
connectivity.
The set-top network platform for Cult Movies Online will initially
be supported by IBC partner DreamTank LLC and deployed through the
network over existing broadband connectivity. The Cult Movies channel
will be featured in web marketing, direct marketing and will be
featured in the promotional launch. The new network will be
cross-promoted on all IBC Media outlets.
Cult Movies Online is the world's first on-demand movie website
specializing in rare and off-beat titles, and is enjoying its second
year of uninterrupted programming in over 70 countries globally. Cult
Movies Online currently offers a library of over 75 full-length
feature films for full screen viewing on-demand in dial-up and
high-speed broadband connections, and broadcasts worldwide from the
new state-of-the-art, carrier-neutral data center which is wholly
owned and operated by IBC partner DreamTank, LLC. DreamTank's
carrier-neutral status sets it apart from other co-location and
exchange facilities. The data center is connected directly via
redundant fiber to One Wilshire, one of the largest Internet hubs in
the world, accessing markets where clients freely exchange traffic
with each other and choose from a variety of providers for access to
the global Internet backbone, as well as private intranet and closed
proprietary networks.
"We are pleased to report the new deals have been completed, and
negotiations are very promising for the third. By enabling our users
to easily watch our movies on their home entertainment systems, these
new services will fuel the growth of our v
