Technicolor Provides Online Streaming Service for LOVEFiLM UK
Technicolor today announced that it is providing an online streaming service for LOVEFiLM.com,
Paris and Chiswick, London, UK(24 Mar 2010)
Technicolor (Euronext Paris 18453; NYSE: TCH) today announced that it is providing an online streaming service for LOVEFiLM.com, a leading European film and TV subscription service, delivering film and TV shows instantly to subscriber’s PC’s and in the living room to their TV’s, as well as through its postal DVD rental service. LOVEFiLM has over 67,000 titles and 1.3 million subscribers.
“We are very excited about our new online streaming service,” commented Simon Calver, CEO of LOVEFiLM. LOVEFiLM has changed the face of entertainment in Europe with our famous online DVD rental service. Now, our powerful combination of instantly available digital content and DVD & Blu-ray rental is another huge enhancement of the value, choice and convenience proposition. We are now taking this service into the living room with Technicolor, helping to manage and distribute the movie and TV titles powering this service. Enabling members to have access to thousands of instantly available titles is an immensely exciting development. We will continue to roll out new delivery channels and continue to invest in digital content in the coming months.”
“This strategic partnership with LOVEFiLM, combined with Technicolor’s in-depth knowledge of digital media delivery further positions Technicolor as a true innovator and industry leader in the management of digital media,” commented Chuck Parker, president of Technicolor’s Digital Content Delivery business.
As part of the agreement, Technicolor provides a state-of-the-art steaming service, coupled with proprietary session management services designed to support multiple business models and provide deep, meaningful usage statistics. The streaming service is supported by Technicolor’s digital supply chain service, which includes content ingest, secure hosting on Technicolor’s in-house platform, policy-based fulfillment and delivery to the end consumer.
As part of LOVEFiLM’s recent partnership announcements with Samsung and Sony, Technicolor will provide the online streaming service for LOVEFiLM’s application for Samsung’s Internet@TV service, and for Sony’s BRAVIA™ TV. LOVEFiLM will provide its unlimited subscription customers with a new and exciting way to access LOVEFiLM’s vast catalogue of movies through their Samsung and Sony TV’s. This new offering enables consumers to quickly access online streaming video content though their TV’s rather than only viewing on a small screen.