AT&T U-verse TV to Include TVG Network
San Antonio, Texas, September 18, 2006
AT&T Inc. (NYSE: T) and TVG Network, a leading interactive horse-racing network owned by Gemstar-TV Guide International Inc. (NASDAQ: GMST), today announced a distribution agreement to deliver TVG's horse-racing programming as part of the AT&T U-verseSM TV channel lineup.
Under the agreement, AT&T U-verse TV customers will have access to TVG's full programming lineup, including up to eight live races an hour from more than 60 of America's premier thoroughbred race tracks, as well as TVG's expert race analysis, interviews and original programming.
"AT&T U-verse is dedicated to delivering a variety of original sports entertainment to our diversified customer base," said Chris Lauricella, vice president of programming, AT&T Operations, Inc. "The TVG Network will be a wonderful addition to our robust channel lineup and sports programming, offering horse-racing aficionados an excellent source of live race coverage."
"TVG offers horse-racing fans the excitement of live races and the convenience of at-home wagering," said David Nathanson, president of TVG. "We are thrilled to make TVG part of AT&T's comprehensive sports programming lineup."
AT&T U-verse TV is delivered by Project Lightspeed, the company's initiative to expand the fiber-optics network deeper into neighborhoods to deliver U-verse TV, AT&T Yahoo!® High Speed Internet U-verse Enabled and, in the future, Voice over IP services. AT&T U-verse services are currently available to tens of thousands of homes in San Antonio. Through its subsidiaries, AT&T expects to reach nearly 19 million households by the end of 2008 as part of its initial deployment, using fiber-to-the-node (FTTN) and fiber-to-the-premises (FTTP) technologies.
Financial and other terms of the agreement were not disclosed.
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About TVG Network
Available in over 18 million homes nationwide, TVG Network is the leading sports television network that combines the excitement of live horseracing from premier racetracks and the convenience of in-home, account wagering. In addition to live horseracing, TVG Network features commentary, interviews, in-depth race analysis, handicapping and wagering tutorials, and originally produced programming for racing's major events. Viewers in certain areas can wager interactively on the races via telephone, the Internet or Interactive Television by establishing a wagering account online at www.TVG.com or by telephone at 1-888-PLAY-TVG. TVG is the official TV and Interactive Wagering partner of the National Thoroughbred Racing Association (NTRA). TVG Network, a subsidiary of Gemstar-TV Guide International, Inc., (NASDAQ: GMST) has exclusive agreements for television and interactive wagering with the following racetracks: Aqueduct, Arlington Park, Belmont Park, Calder, Churchill Downs, Del Mar, Ellis Park, Emerald Downs, Fair Grounds, Fairplex Park, Hawthorne, Hollywood Park, Hoosier Park, Japan Racing Association, Keeneland, Kentucky Downs, Los Alamitos, Oak Tree at Santa Anita, Prairie Meadows, Ruidoso Downs, Saratoga Raceway, Saratoga Race Course, Turf Paradise, Turfway Park and Zia Park.
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