Reported by Adam Martin of WrestleView.com
On Wednesday, May 2, 2007 at 6:48 PM EST

As reported earlier, Ring of Honor announced today that the company would be airing its first of a series of Pay Per View events beginning on July 1. The PPV, which is slated to be a two hour event, will be taped on May 12 at the Manhattan Center in New York City.

PWInsider reports that ROH's move to PPV has been something the company has wanted to do for quite some time and have been working on getting a deal signed in the last six months. ROH met with every major cable and satellite PPV provider with all except for DirecTV signing on for a series of events. The feeling within ROH is that DirecTV will eventually come on board after the debut PPV on July 1 airs.

The PPV events will all be produced in conjunction with G-Funk Sports and Entertainment, who are based out of New York City. G-Funk Sports and Entertainment's President Ken Gelman has been at many recent ROH events in New York City and was said to be the connection between ROH and the PPV carriers during the initial meetings to get a deal worked out. As a result of this PPV deal, ROH has signed 12 wrestlers to contracts. While there remains no confirmation at this time on which talent signed, the deals are simply ROH's way to prevent performers from being signed by WWE or TNA. The contracts do not prevent talent from working independent events whose events are released on DVD by other companies and do not claim ownership of character name and likenesses.

Ring of Honor will be making some slight production upgrades for the PPV events as well, with events believed to be priced in the $10-$15 range per show depending on the carrier. The company's usual editing process will take place for all events, with the belief being that they will edit the show into a two hour PPV broadcast and edit the entire show for a DVD release down the line. The company is also going through the proper legal clearances for all music they use for performers theme music so they can remain the same on all upcoming PPV broadcasts. We noted earlier that this new PPV deal will prevent any TNA contract talent from appearing on ROH shows being taped for PPV, with Homicide and Austin Aries being the only TNA contracted talent left on the roster. It is possible that TNA could pull both talent from ROH regardless if the events are designed for PPV.

It should be noted that ROH sources confirmed that TNA Wrestling was not aware of the PPV deal announcement before they went forward with it this afternoon.

Here is the full press release regarding the announcement:

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.