TEL AVIV, Israel, Jan. 28, 2019 /PRNewswire/ --Vonetize PLC (TASE: VNTZ) announced today that it is has signed an agreement with Brazilian TV network Rádio e Televisão Record S.A.
Record TV is the second-largest TV network in Brazil, offering 14 TV channels which are viewed by more than 50 million viewers daily. Record has recently launched "PlayPlus", a TV Over-the-Top (OTT) service, which offers on-demand viewing of its programs and channels, acquiring over 3 million users within one month from launch. Vonetize's SmartVOD Hollywood movie service will be available on this platform.
Vonetize's SmartVOD services will be distributed to Record's subscribers in Brazil on an exclusive basis. As a result, Vonetize's content will constitute the exclusive film service on record's platform. Vonetize SmartVOD's service will be promoted by Record as alongside its other OTT services, including on TV, in the electronic media, radio, press and more. Vonetize SmartVOD service will also be advertised on the main screen of Record's OTT service.
Vonetize (TASE: VNTZ) offers video on demand (VOD) and over-the-top (OTT) content services, and technology platforms as fully-managed services for set-top boxes, smartphones, smart TVs and other Internet-connected devices. The company offers multiscreen end-to-end video content solutions including premium content from Hollywood studios; cloud-based digital video delivery of live and VOD content; content management systems; billing; CRM; and marketing/business intelligence (BI) analysis systems.
SOURCE Vonetize PLC