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4-Traders Homepage  >  Equities  >  Nasdaq  >  Frontier Communications Corp    FTR

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Frontier Communications Corp : TumTiki Surpasses One Million Video Milestone

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03/06/2012 | 01:05pm CET

TumTiki.com now has more than one million videos, including TV episodes, films, and professionally-produced web originals; Library continues to grow through partnerships and distribution agreements

Just three months after launch, TumTiki (www.tumtiki.com), the largest online library of TV episodes, movies, local content, professionally-produced clips and original web series, has surpassed the one million mark in terms of videos available for free viewing. Consistent with its commitment to offer the most diverse video collection, TumTiki has added more than 300,000 video titles since its launch in November 2011, all playable for free at TumTiki.com.

Besides carrying the most free online videos of any destination site, TumTiki also offers the highest caliber of content. Free TV episodes and films are available through its partnership with Hulu, and web originals and clips (www.tumtiki.com/web) from 5min.com and DailyMotion span more than 200 categories, including fitness, home and garden, tech, travel, music and lifestyle. Another 100,000 premium films are available at TumTiki.com for rental through a partnership with Amazon.com.

"We launched with more than 700,000 videos, but our focus to carry more video remains at the forefront as we put the highest priority on increasing the user volume," said Melinda White, Executive Vice President, Revenue Development at Frontier Communications.

The TumTiki library includes more than 90,000 TV episodes, 110,000 movies and more than 900,000 professionally-produced clips and web originals. In addition to the more than one million free videos on the site, TumTiki has added over 25,000 news clips from its partner NewsLook and has expanded its partnerships with REELZCHANNEL--TV About Movies® to include special articles, cast and production photos, and reviews for selected films.

"We are thrilled at the opportunity to expand our partnership with TumTiki, and believe its goal to become the largest destination site for premium video on the web complements REELZCHANNEL's mission of providing quality original programming," said Bob Bedford, Senior Vice President of Marketing at REELZCHANNEL. "We're always looking for new opportunities to connect fans to the movie and entertainment content that they love, and TumTiki allows us to continue on that path."

TumTiki provides an all-in-one browsing, searching and viewing experience, making the online video experience seamless and more efficient for users. In addition to the largest professionally-produced video library of any destination site, TumTiki features a fun set of social features enabling viewers to curate collections of videos with Facebook friends and earn TumTiki badges and points for watching shows.

About TumTiki

TumTiki is an online video site from Frontier Communications featuring more than 1,000,000 free TV episodes, movies, original web series, professionally-produced clips and local programming playable directly within TumTiki.com, without redirecting to another site; and premium movies and episodes for rental. TumTiki partners with online video services like Hulu and Amazon.com, and the library includes videos from major networks, including ABC, NBC, Fox, Bravo, FX, Syfy, AMC, National Geographic, Oxygen, Comedy Central and TBS; and, in some markets, news and content from local TV affiliate stations. More information is available at www.tumtiki.com.

About Frontier Communications

Frontier Communications Corporation (NASDAQ: FTR) offers voice, High-Speed Internet, satellite video, wireless Internet data access, data security solutions, bundled offerings, specialized bundles for small businesses and home offices, and advanced business communications for medium and large businesses in 27 states and with approximately 15,400 employees. Frontier is included in the S&P 500 Index and is the largest provider of communications services focused on rural America. It has a 100 percent U.S.-based workforce. Frontier's landline service is reliable, safe and accessible. More information is available at www.frontier.com and www.frontier.com/ir.

About REELZCHANNEL

REELZCHANNEL--TV About Movies® is the only cable and satellite network devoted to delivering entertaining and informative programming that is all about movies, including the celebrities, fashion, music and stories behind the stories. With shows featuring movie and entertainment experts including Leonard Maltin, Richard Roeper and Sam Rubin, viewers get trusted insight into movies wherever they're playing, whether in theaters or at home. Find REELZCHANNEL in your area by entering your zip code at www.reelz.com/watch.

For Frontier Communications Corporation
Stephanie Swain, 816-916-1930
stephanie@swainpr.com


© Business Wire 2012
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Financials ($)
Sales 2016 9 154 M
EBIT 2016 1 256 M
Net income 2016 -492 M
Debt 2016 18 242 M
Yield 2016 11,5%
P/E ratio 2016 -
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EV / Sales 2016 2,46x
EV / Sales 2017 2,26x
Capitalization 4 305 M
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Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 4,97 $
Spread / Average Target 36%
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Daniel J. McCarthy President, Chief Executive Officer & Director
Pamela D. A. Reeve Non-Executive Chairman
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