Monday, April 21, 2008

Five Hollywood studios join to start video-on-demand service

News Clip LOS ANGELES:

Viacom Inc. and five Hollywood studios are joining forces to create a television channel and video-on-demand service.

The companies said Sunday that the new venture will combine movies and television series from Paramount, Paramount Vantage, MGM, United Artists and Lionsgate, starting in fall 2009.

It will also have access during the pay-per-view television window to recent movie releases from the studios, including 'Iron Man','Star Trek', and 'Love Guru' 'Movies from the studios' archive libraries and new TV series created by the studios also will be featured.

Viacom will provide marketing and other operational support through its MTV Networks division.

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