SYS-CON MEDIA Authors: Kevin Benedict, Gilad Parann-Nissany, Michael Bushong, Eric Brown

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OverDrive Signs Deal With Warner Bros. Digital Distribution for Streaming Video Lending Through U.S. and Canadian Libraries

OverDrive to Launch a New, Transactional, Pay-Per-Checkout Access Model

CLEVELAND, OH -- (Marketwired) -- 06/25/14 -- OverDrive, the leading digital media lending platform for libraries and schools, today announced an agreement with Warner Bros. Digital Distribution to offer hundreds of popular streaming video titles to public and government library partners in the U.S. and Canada. This deal expands a growing collection of thousands of quality, in-demand streaming videos available through OverDrive, and reinforces the value of an unmatched catalog on one single platform for eBooks, audiobooks and streaming video.

With the addition of Warner Bros. films, libraries will be able to benefit from a transactional, pay-per-use lending model from OverDrive for the first time. This model eliminates the need to purchase titles in advance of their use and ensures that titles are available instantly to all patrons simultaneously. Libraries will soon be able to browse or search for Warner Bros. titles from the expansive catalog in OverDrive Marketplace, and curate their collection to match the unique interests of their communities. As with other content and access models from OverDrive, libraries will set user lending policies for Warner Bros. movies to manage costs within their material budgets.

"We are extremely pleased to bring to libraries and their communities access to award-winning films from one of Hollywood's top studios," said Lee Milstein, Chief Strategy Officer at OverDrive. "Helping win new patrons, supporting evolving on-demand content models, and providing world-class ease-of-use for digital lending are core to the ongoing innovations we bring to our library partners."

Library patrons across the U.S. and Canada will be able to use PCs, Macs, iPads, iPhones, Android Tablets or nearly any connected device to stream videos from their library. Building on the existing OverDrive catalog, Warner Bros. titles such as I am Sam (Academy Award nomination for Best Actor: Sean Penn), Natural Born Killers (Starring Woody Harrelson and Juliette Lewis, Golden Globe nomination for Best Director: Oliver Stone), Insomnia (starring Al Pacino and Robin Williams, Directed by Christopher Nolan), and Life as a House (SAG Awards nominations for Leading Actor: Kevin Kline; Supporting Actor: Hayden Christensen) will soon be available for lending.

To learn more, visit OverDrive at ALA in Las Vegas June 26-July 1 in booth #1317.

About OverDrive
OverDrive is the leading global digital distribution platform, supplying the industry's largest catalog of eBooks, audiobooks, music and streaming video to 30,000 libraries, schools and retailers worldwide. We support all major computers and devices, including iPhone®, iPad®, Nook®, Android™ phones and tablets, and Kindle® (U.S. only). OverDrive offers all digital media on a single platform, and offers APIs to streamline a seamless user experience. We also offer in-library touchscreen stations for browsing and instant sampling of eBooks or audiobooks, and OverDrive Read, the EPUB and HTML5 browser-based reading experience, among other world-class products and services. Founded in 1986, OverDrive is based in Cleveland, Ohio USA. www.overdrive.com

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