We also announced in August a new lease arrangement that allows us to launch up to three pay-per-view channels in Europe. We are currently working to secure distribution agreements with platforms throughout Europe and we have several significant deals in the pipeline.Due to the strong performance of our VOD content, most our current VOD affiliates have shown strong interest in our pay-per-view channels. These new pay-per-view channel launches require additional investment and we believe our distribution of new channels will generate an exponential return on those investments over the long term.
New Frontier Media CEO Discusses F2Q2011 Results – Earnings Call Transcript
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