Business Services Industry
Rainbow Network Communications Establishes Its HD Platform on Intelsat's Galaxy 14 Satellite
Business Wire, April 11, 2008
PEMBROKE, Bermuda -- Intelsat, Ltd., the world's leading provider of commercial satellite services, announced today that Rainbow Network Communications (RNC), a supplier of HD and SD program origination and distribution services to the multimedia industry, has signed a multi-year contract on Intelsat's Galaxy 14 satellite to deliver HD programming into the North American cable market.
Intelsat's valuable, industry-leading Galaxy neighborhood offers transmission services for HD programming being distributed via cable MSOs in the United States, reaching millions of homes. Located at 125 degrees West in the U.S. cable arc, Galaxy 14 is designed to meet the needs of the growing proliferation of HD content.
"Intelsat's Galaxy fleet is the premier platform for advanced content distribution into the North American region," said Steve Pontillo, Senior Vice President of Broadcasting and Technology, Rainbow Media. "When we examined our options for HD distribution, Intelsat's Galaxy 14 satellite was ideally positioned to provide us with the North American cable penetration Rainbow Media needed to meet its long-term business objectives."
"Intelsat, through the Galaxy fleet, was the first satellite operator to establish a North American HD neighborhood. Today, Intelsat delivers more than 40 HD channels globally," said Kurt Riegelman, Intelsat's Senior Vice President, Global Sales. "High definition programming features prominently in the growth prospects of the media industry, with some analysts forecasting nearly 500 new channel launches by 2012. We will continue to build HD neighborhoods in order to ensure efficient, high value distribution for our programmer customers."
About Rainbow Networks Communications (RNC)
Rainbow Network Communications (RNC), a subsidiary of Rainbow Media Holdings LLC, is a full service network programming origination and distribution company supplying an array of services to the cable, broadcast and satellite industries. RNC's state-of-the-art Broadcasting and Technology Center provides HD and SD program delivery, Affiliate Engineering, Network Operations, Traffic and Scheduling and Network Services for seamless, day-to-day domestic and global delivery of any network. RNC's client base includes Rainbow Media's own AMC, The Independent Film Channel (IFC), WE tv, VOOM HD Networks, and other premier clients.
About Intelsat
Intelsat is the leading provider of fixed satellite services (FSS) worldwide, delivering advanced transmission access for information and entertainment to many of the world's leading media and network companies, multinational corporations, Internet service providers and governmental agencies. Intelsat also offers seamless service for voice, data and video transmission unmatched in the industry. With the globalization of content, broadband, telecom, HD and IPTV fueling next-generation growth, the ever-expanding universe of satellite services are the cornerstones of today's Intelsat. Real-time, advanced communications with people anywhere in the world is closer, by far.
Intelsat Safe Harbor Statement: Some of the statements in this news release constitute "forward-looking statements" that do not directly or exclusively relate to historical facts. The forward-looking statements made in this release reflect Intelsat's intentions, plans, expectations, assumptions and beliefs about future events and are subject to risks, including known and unknown risks. Detailed information about some of the known risks is included in Intelsat's annual report on Form 10-K for the year ended 31 December 2007 and Intelsat's other periodic reports filed with the U.S. Securities and Exchange Commission. Because actual results could differ materially from Intelsat's intentions, plans, expectations, assumptions and beliefs about the future, you are urged to view all forward-looking statements contained in this news release with caution. Intelsat does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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