Avail Media Acquires ViewNow for VOD Services

Avail Media, which provides IPTV and advanced media services to broadband operators, has acquired ViewNow, a supplier of Video On Demand programming (VOD). The acquisition includes ViewNow’s customer base and agreements with major studios, including Buena Vista/Disney, Dream Works, Lions Gate Films, NBC/Universal, New Line Cinema, Paramount, 20th Century Fox and Warner Bros. The deal also includes ViewNow’s ViewTrak tracking system and will allow Avail Media to drive VOD and combined linear/VOD services deeper into the entertainment marketplace.

Avail said the deal enables it to be a single source provider for live and on-demand programming.

Avail Media is currently serving more than 40 customers.

http://www.availmedia.com

http://www.viewnow.tvEarlier this year, Avail Media secured $17 million in Series-B venture financing in a round co-led by Washington, DC area venture firms Novak Biddle Venture Partners and Columbia Capital. Avail Media is led by CEO Ramu Potarazu who prior to joining the company, was CEO of Broadstream Communications and COO of Intelsat.