XStreamHD(TM) Signs Distribution Agreement With Lionsgate® to Digitally Deliver the Latest Full HD Movies to Consumers
MCLEAN, Va. and SANTA MONICA, Calif., July 14 /PRNewswire/ -- XStreamHD, an emerging leader in the delivery and distribution of Full HD entertainment directly to the home, announced that it has entered into a long-term Electronic Sell-Thru and Video-on-Demand home entertainment distribution agreement with Lionsgate (NYSE:LGF) , the leading next generation studio and distributor of motion pictures. The agreement will enable XStreamHD to offer its customers the ability to digitally purchase or rent, the latest HD releases from Lionsgate, as well as provide access to Lionsgate's content library of over 12,000 titles.
XStreamHD's ground-breaking whole-home HD entertainment system delivers Full 1080p HD video and up to 7.1 channels of lossless DTS-HD Master Audio(TM) directly to the home via satellite, enabling consumers to enjoy the very latest entertainment, in uncompromised Full HD, exceeding the quality of physical media. Additionally, every XStreamHD customer has exclusive multi-room access to Pre-Fetched Entertainment (PFE), which provides unparalleled convenience by automatically delivering just-released HD entertainment directly to each user's personal library based upon their individual user preferences and advance title selections.
"Our partnership with XStreamHD presents us with a new opportunity to distribute our content in the digital marketplace," said Lionsgate Executive Vice President of Distribution and Digital Jon Ferro. "Our decision to distribute our titles through XStreamHD reflects our commitment to offer consumers the highest quality home entertainment and access to our enormous library of titles."
"We are excited to provide our customers with access to Full HD digital cinema, on the DVD release date, from the Lionsgate library of daring, original and high quality titles," stated George Gonzalez, president and CEO of XStreamHD. "Our customers will enjoy unparalleled digital quality, access and convenience to HD entertainment without the hassles associated with slow Internet downloads or limited retailer inventory."
Consumers can pre-order either XStreamHD's FAST Start or PRO Start packages to receive priority shipment of the first release systems at www.XStreamHD.com. The XStreamHD FAST Start package includes one HD Media Server with 1TB storage, one HD Media Receiver, RF One Remote Control, and all of the accessories, including one 3m High-Speed Cat2 certified HDMI cable and two 3m Cat5e Ethernet cables. The PRO Start package includes all of above plus customers will receive an upgraded HD PRO Media Receiver, which replaces the HD Media Receiver. The FAST Start package is priced at only $399 while the Pro Start package will be offered for $499. 2TB and 4TB storage configurations are also available with both starter packages.
XStreamHD is leading the HD revolution, setting a new standard for the delivery and distribution of Full HD entertainment throughout the home. XStreamHD provides the first-ever transport network to deliver high-definition movies and music directly to the home via satellite - offering Full HD (1080p) video and up to 7.1 channels of lossless audio. With XStreamHD, consumers can build a customized, unique, and unparalleled in-home entertainment network and enjoy the content they want most including movies, music, electronic games, broadcast HDTV, and more--when it's most convenient, anywhere in the home, and at the quality today's home theaters were designed to support. XStreamHD is based in McLean, Virginia. For more information, visit www.XStreamHD.com.
Lionsgate (NYSE:LGF) is the leading next generation studio with a strong and diversified presence in the production and distribution of motion pictures, television programming, home entertainment, family entertainment, video-on-demand and digitally delivered content. The Company has built a strong television presence in production of prime time cable and broadcast network series, distribution and syndication of programming through Debmar-Mercury and an array of channel assets. Lionsgate currently has nearly 20 shows on 10 different networks spanning its prime time production, distribution and syndication businesses, including such critically-acclaimed hits as "Mad Men," "Weeds" and "Nurse Jackie" along with new series such as "Blue Mountain State" and the syndication successes "Tyler Perry's House of Payne," its spinoff "Meet the Browns" and "The Wendy Williams Show."
Its feature film business has generated such recent hits as Tyler Perry's Why Did I Get Married Too?, the action film Kick-Ass, which opened at #1 at the North American box office and the critically-acclaimed Precious, which has garnered nearly $50 million at the North American box office and won two Academy Awards®. The Company's home entertainment business has grown to more than 7% market share and is an industry leader in box office-to-DVD revenue conversion rate. Lionsgate handles a prestigious and prolific library of approximately 12,000 motion picture and television titles that is an important source of recurring revenue and serves as the foundation for the growth of the Company's core businesses. The Lionsgate brand remains synonymous with original, daring, quality entertainment in markets around the world.
Posted by Shane Sturgeon, July 14, 2010 2:17 PM
About Shane SturgeonShane Sturgeon is the Co-Publisher and Chief Technologist of HDTV Magazine, an industry publication with HDTV roots going back to 1984, when Dale Cripps founded The HDTV Newsletter. Today, HDTV Magazine is a leading online resource for HDTV news and information and captures the eyes and imaginations of over 3 million visitors annually. Mr. Sturgeon has a background in information technology and has served in various consulting capacities for Fortune 500 companies such as J.P. Morgan Chase, Verizon Communications, Proctor & Gamble and Nationwide Insurance. He has a Bachelor of Science in Computer Science from Wright State University.