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RING OF HONOR ANNOUNCES PPV DEBUT, COMPLETE DETAILS ON MOVE TO PPV, ROH SIGNS 12 WRESTLERS TO CONTRACT DEALS & MORE

By Mike Johnson on 2007-05-02 16:58:00


Ring of Honor President Cary Silkin Announces PPV Deal

Ring of Honor announced this afternoon that the promotion will air the first of a series of PPV events on 7/1. The event will be a two hour live to tape event recording on 5/12 at New York City's Manhattan Center. The move to PPV has been something the company has been working on for the last six months, having met with every major cable and satellite PPV provider with all except DirecTV signing on. The company is hopeful that DirecTV will eventually come on board following the debut PPV in July. The PPVs will be produced in conjunction with New York City's G-Funk Sports and Entertainment, who's President, Ken Gelman has been a fixture at recent New York City events. Gelman was something of a liason between ROH and the PPV carriers during the process of getting the deals signed.

With the advent of PPV for the company, Ring of Honor has signed 12 wrestlers to contracts. I don't have the names confirmed at this point as ROH sources declined to comment on the performers signed. I can confirm that the deals are simply to prevent the performers from being signed by TNA or World Wrestling Entertainment for the duration of the deals. The contracts do not prevent the talents from working other independent events, from being seen on DVDs released by other companies or claim ownership of character names and likenesses. They are simply a way for the promotion to protect their assets.

There will be some slight production upgrades for the PPV events, which are expected to be priced in the $10-$15 range, dependent on the carrier. ROH's usual editing process will take place for the event, which leads me to believe they will edit the show into a 2 hour PPV broadcast and also edit the complete show for a complete DVD release at a later time. ROH is already going through the process of making sure that they also have proper legal clearances for all music they currently use as performers' theme music so that they can remain the same on the PPV broadcasts.

I would expect that this announcement will likely lead to the departure of the remaining TNA contracted wrestlers who appear for Ring of Honor, most notably Homicide, but have yet to confirm that. ROH sources did confirm that TNA was not aware of the announcement before they went live with it on their own website this afternoon.

The complete Ring of Honor announcement reads as follows:

INTERNATIONAL WRESTLING PHENOMENON RING OF HONOR INKS STATESIDE TELEVISION DEALS

WITH iN DEMAND, TVN AND ECHOSTAR

PPV/VOD Distribution Deals Bring ROH into 50 Million Households

New York, May 3, 2007 - Ring Of Honor Wrestling (ROH), in association with G-Funk Sports & Entertainment, has concluded programming and distribution deals for PPV and VOD wrestling cards with iN DEMAND Networks, TVN and EchoStar Communications Corporation's DISH NetworkTM, making the critically-acclaimed ROH brand available for the first time ever to approximately 50 million American households. The agreement calls for a card every 60 days from shows both stateside and abroad, and will premiere July 1. A total of six cards are planned throughout '07/'08. ROH owner Cary Silkin made the announcement today with G-Funk's President Ken Gelman. The debut event, entitled "Respect Is Earned," will be taped May 12 in New York City from the Grand Ballroom of the Manhattan Center, and will feature a glistening array of talent from Japan, England, the U.S. and Mexico.

Long revered by a loyal underground fan base, the Philadelphia-based ROH—currently seen on Canadian, British and Japanese TV—appeals to the disenfranchised wrestling fan fed up with storylines which seem to take precedence over the kind of powerful ring competition that ROH specializes in. ROH, in fact, is seen to have the highest level of athleticism in its field today, which recently culminated in a sweep of the 2006 Wrestling Observer awards for "Most Outstanding Wrestler," "Best Brawler," "Best Major Wrestling Show" (ROH took four of its Top 10) and "Best Booker."

"Fans around the world now know that our brand of action is, indeed, the highest-flying, hardest-hitting most daring and acrobatic action presented today," says Mr. Silkin. "We are thrilled that we can finally show a televised audience what our crowds have known for the last six years…that ROH harkens back to an earlier era of wrestling where authenticity still counted for something. There's a magic at our shows that I, as a wrestling fan, had all but given up on."

G-Funk Sports and Entertainment will be handling all marketing and promotion for the wrestling programs, including creation and launch of an affiliate website on May 15, www.rohaffiliates.com, which will contain easy-to-implement marketing materials and all event information. Each show will also be supported by a range of targeted national consumer advertising and promotion.

According to Mr. Gelman, "Ring Of Honor already has the respect and enthusiastic following of legions of fans around the world through their live events, but represents a fresh new entry into the world of televised wrestling. These distinctive programs will prove a welcome change-of-pace for audiences and a popular new option for cable operators and satellite providers as they expand their transactional offerings."

About iN DEMAND Networks

iN DEMAND Networks is the pioneer and world leader in providing exciting entertainment delivered through television's most innovative technologies. iN DEMAND delivers programming through four distinct areas of business: Pay-Per-View (PPV), Video-On-Demand (VOD), Subscription Video-On-Demand (SVOD) and high-definition (HD) programming. Howard TV (SVOD) is now the exclusive TV home of Howard Stern. PPV programming includes first-run movies, mega events and the digital out-of-market subscription sports packages. VOD includes blockbuster movies and boxing, mixed martial arts and concert events. The company also operates the MOJO network, formerly INHD, a pioneer in HD. The company's shareholders are Comcast iN DEMAND Holdings, Inc., Cox Communications Holdings, Inc., and Time Warner Entertainment - Advance/Newhouse Partnership. Further information about the company can be found at www.indemand.com.

About TVN Entertainment Corporation
TVN Entertainment Corporation, the leading television on-demand company, works with every major studio, network and telecommunications video provider in North America. TVN is the preferred provider of original on-demand programs and networks. TVN supports an open, advanced technology platform, and offers the most comprehensive, end-to-end solution for licensing, managing, distributing and marketing on-demand content to virtually any platform. For more information about TVN's products and services, please visit www.TVN.com.

About Echostar Communications Corporation
EchoStar Communications Corporation (NASDAQ: DISH) has been a leader for more than 26 years in satellite TV equipment sales and support worldwide. The Company's DISH Network(TM) is the fastest-growing pay-TV provider in the country since 2000 and currently serves more than 13.1 million satellite TV customers. DISH Network offers a premier line of industry-leading Digital Video Recorders (DVRs) and hundreds of video and audio channels as well as the most national HD and International channels in the U.S., Interactive TV, Latino and sports programming. DISH Network also provides a variety of package and price options including the lowest all-digital price in America and the DishDVR Advantage Package. EchoStar is included in the Nasdaq-100 Index (NDX) and is a Fortune 300 company. Visit www.echostar.com or call 1-800-333-DISH (3474) for more information.

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