New Frontier Media, Inc. (NASDAQ:NOOF) , a provider of transactional television services and a distributor of independent general motion picture entertainment, today announced that it has secured satellite transponder capacity for the launch of three international linear pay-TV channels. The satellite footprint covers all of Latin America and parts of Europe, including Spain and Portugal.
New Frontier Media has emerged as a provider of transactional adult content in both the domestic and international markets in which it operates.
"Over the past 24 months, our international distribution has grown from zero to over 35 million network households," said Michael Weiner, CEO of New Frontier Media, Inc.
"We expect the new international channels to launch on May 1st of this year," continued Mr. Weiner. "At the time of launch, we expect to have signed carriage agreements with operators that will increase our linear channel distribution in Latin America by more than 20%. We also expect our addressable subscriber base to grow steadily as operators in markets outside the U.S. continue to roll out digital TV services to their customer base."