Tokyo -- Private Media Group, Inc. (Nasdaq: PRVT - News), a worldwide leader in premium-quality adult entertainment products, services, and new media content, and Tokyo-based e-STATION Co., Ltd. signed an agreement to broadcast Private movies on e-STATION'S satellite TV channels in Japan, reaching 3.5 million subscribers.
Private Media Group is expected to receive revenue in excess of US $500,000 within the first twelve months under this license agreement.
Of the agreement, Takahiro Okano, Executive Chief Producer for E- STATION, commented that in light of the relatively strict censorship and cultural requirements in Japan, Private is doing an excellent job of catering to our market by adapting their content and filming Asian- specific movies like Private's recently produced "World Cups 2006".
He added that the station can't wait to air this new movie.
Bo Rosenkvist, CEO of Private Asia Ltd says that his company is now starting to provide content for previously unexploited markets in Asia, like Japan, by adapting content across all business lines, including: broadcasting, broadband and wireless.