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Monday, October 23, 2006
AOL Video adds Paramount Pictures


Available on the Web at http://www.aolvideo.com, the AOL Video portal is a one-stop, high-quality entertainment destination to find, watch and share millions of free streaming and pay-to-download videos from across the Web, broadcast and cable television, and movies

AOL today announced a partnership with Paramount Pictures, a division of Viacom, that will offer consumers downloadable movies and television shows through the AOL Video portal. This announcement is in addition to the partnerships AOL previously announced with other major movie studios including 20th Century Fox, Sony Pictures Home Entertainment and Warner Bros. Home Entertainment Group.

Through AOL Video, a wide range of movie and television titles from Paramount Pictures are now available for download with prices ranging from $9.99 to $19.99 per movie. Once downloaded, videos can be viewed offline as well as on other PCs and compatible portable devices. New releases, TV specials, library hits and cult favorites will be available from Paramount Pictures including Failure to Launch, Breakfast at Tiffany's and Chinatown at launch and new hits such as Nacho Libre and M:i:III will be available soon. The movie content from Paramount Pictures further builds up AOL Video's library of more than 300 titles currently available from major movie studios.

"By adding content from Paramount Pictures, as well as several new branded video-on-demand channels, we continue our commitment to providing consumers with an all-in-one destination for finding and enjoying millions of free and pay-to-download videos," said Kevin Conroy, Executive Vice President of AOL. "The new partnerships we are announcing today bring even greater breadth, depth and variety to our ever-growing library of high quality, branded content."

"We believe that AOL will be one of the key catalysts for digital distribution of long-form content given their loyal online community and broad marketing capabilities. It is a great vehicle for extending the reach of Paramount's feature film library to an attractive broadband customer base," said Thomas Lesinski, President, Paramount Pictures Digital Entertainment. "We are very excited to be in the digital distribution business with AOL."


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