FLO TV Incorporated, provider of the award-winning FLO TV((TM)) live mobile TV service and a wholly owned subsidiary of Qualcomm Incorporated (Nasdaq: QCOM [1]), and Rentrak Corporation (Nasdaq: RENT [2]), a multi-screen media measurement and research company serving the entertainment industry, have aligned to launch the mobile television industry's first comprehensive viewership and advertising impression reporting using Rentrak's TV Essentials((TM)) media measurement system. Through their collaboration, FLO TV and Rentrak will deliver reporting that will serve as the currency for advertising sales on FLO TV and provide deeper insights into FLO TV audience viewing patterns while not divulging any individual subscriber's personal information.
As mobile TV adoption has continued to rise, the demand for reliable and verifiable viewership data has grown throughout the entertainment, media and advertising industries. Through Rentrak's TV Essentials reporting system, FLO TV will provide ongoing reports to content providers and advertisers to assist them in their programming and media buying decisions for this emerging platform.
"This is a significant milestone for FLO TV and also for the mobile multicast TV category," said Jonathan Barzilay, senior vice president of programming and advertising, FLO TV. "Mobile TV is quickly becoming a vital platform for consumers. With our new impression reporting from Rentrak, FLO TV can provide relevant viewership information to advertisers and content partners swiftly and reliably."
"The mobile space is particularly opportunistic as a result of devices being connected to a unique viewer, enabling a highly targetable new advertising marketplace," said Ken Papagan, president and chief strategy officer, Rentrak. "We are very excited about our collaboration with FLO TV because it leverages the considerable development Rentrak has put into the TV Essentials system and expands the value of our service for conventional linear television to include the mobile platform."
FLO TV and Rentrak are currently in the integration phase and are planning to share impression data with their programming partners later this year.
The FLO TV service is available through the top two U.S. wireless carriers, including AT&T as AT&T Mobile TV. To learn more about FLO TV, please visit www.flotv.com.
About FLO TV Incorporated
The FLO TV service combines the best content, an intuitive user interface and a superior multicast network to deliver a true quality TV viewing experience for consumers. FLO TV offers full-length simulcast and time-shifted programming from the world's best entertainment brands, including CBS, CBS College Sports, CBS News, CNBC, Comedy Central, ESPN, ESPN News, ESPN 2, FOX, FOX News, FOX Sports, MSNBC, MTV, NBC, NBC 2Go, NBC News, NBC Sports and Nickelodeon. Based in San Diego, Calif., FLO TV Incorporated is a wholly owned subsidiary of Qualcomm Incorporated. Further information is available at www.flotv.com.
About Rentrak Corporation
Rentrak Corporation is an industry leader in advancing research in media measurement, serving the most recognizable names in the entertainment industry. Reaching across numerous platforms including box office, home entertainment, on-demand and linear television, broadband and mobile, Rentrak provides exclusive and actionable insight for our clients and partners. From the introduction of our revolutionary Pay-Per-Transaction((R)) distribution and revenue-sharing system, which equipped Rentrak with the intelligence and ability to deal with large, complex data streams, to the company's industry-leading Essentials((TM)) suite of services, Rentrak has redefined digital audience measurement. Rentrak is headquartered in Portland, Oregon, with additional offices in Los Angeles, New York and Miami/Ft. Lauderdale. For more information on any of Rentrak's services, please visit www.rentrak.com.
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[1] http://studio-5.financialcontent.com/prnews?Page=Quote&Ticker=QCOM
[2] http://studio-5.financialcontent.com/prnews?Page=Quote&Ticker=RENT