PORTLAND, Ore., April 28, 2011 /PRNewswire/ -- Rentrak Corporation (NASDAQ: RENT), the leader in multi-screen media measurement serving the advertising, television and entertainment industries, today announced an OnDemand Essentials contract with Image Entertainment, Inc., a leading independent licensee and distributor of entertainment programming in North America. Serving major titles and independent films alike, the company has more than 3,000 exclusive DVD titles and approximately 340 exclusive CD titles in domestic release and more than 450 programs internationally via sublicense agreements.
"The increased amount of quality content available on video-on-demand (VOD) continues to attract more viewers to the platform, and makes it necessary for providers to subscribe to OnDemand Essentials which is the VOD industry's measurement currency," said Gordon Jones, Vice President of OnDemand Essentials at Rentrak.
"Given how competitive the video-on-demand platform is, it is crucial for Image to have timely and insightful performance data as to how our films perform in order to optimize our portfolio for both usage and revenue growth," said John Hyde, Vice Chairman for Image Entertainment.
Rentrak's OnDemand Essentials processes daily, census-level on-demand data representing over 80 million set-top-boxes from 38 cable, telco and satellite providers and 100% of the top-25 operators offering video-on-demand. Rentrak's extensive on-demand data is used by more than 150 network and studio clients.
About Rentrak Corporation
Rentrak (NASDAQ: RENT) is a global digital media measurement and research company, serving the most recognizable companies in the entertainment industry. With a reach across numerous platforms including box office, multi-screen television, and home video, Rentrak has developed more efficient metrics to be used as alternative currencies for the evaluation and selling of media. Rentrak is headquartered in Portland, Oregon, with additional U.S. and international offices. For more information on Rentrak, please visit www.rentrak.com.
SOURCE Rentrak Corporation