Interest in Hotelevision, Inc.
|DENVER, Feb. 11, 2004 - On Command Corporation,
a leading provider of in-room interactive entertainment announced today
the acquisition of the controlling interest of Hotelevision, Inc.
Hotelevision is the leading national television company that provides advertising
with targeted access to affluent audiences in upscale hotel rooms.
Under the terms of the agreement, Hotelevision will continue to operate
as a separate entity, but will coordinate its activities with On Command.
"On Command is very excited to add Hotelevision's programming to our expanding family of hotel products and services for 2004," said Chris Sophinos, president and chief executive officer of On Command. "The Hotelevision service allows us to provide hoteliers with an alternative to the current financial model where they pay for the delivery of satellite channels."
Hotelevision is a national ad-supported media company that delivers ten high-profile cable channels to select hotels. By "road-blocking" commercial messages across its ad-supported network partners, Hotelevision offers advertisers exclusive access to decision-making business executives and affluent consumers. Audience delivery is guaranteed through metered measurement provided by Nielsen Media Research. Hotelevision's partner networks include A&E, The Biography Channel, Court TV, CNBC, Fox News Channel, National Geographic Channel, History Channel International, MSNBC, The Weather Channel and STARZ!. The Hotelevision service is delivered on a free-to-guest basis and is provided at no cost to hotels. "On Command will allow Hotelevision to provide more value to advertisers through greater distribution," said Karl Spangenberg, president and general manager of Hotelevision. "On Command, Hotelevision and our respective hotel customers will benefit from greater coordination on sales, installation and service."
About On Command
On Command Corporation
Web Site: http://www.oncommand.com
|Also See:||On Command and LodgeNet Reveal Top Ten Hotel Movie Lists for 2002 / Jan 2003|
|Lodgenet and On Command Reveal Their Respective Top Ten In-Room Movies for 2000/ Jan 2001|