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VIDEO NEWS: RENTRAK FORMS INFORMATION DIVISION

PORTLAND, Ore. -- Rentrak Corp. here, best known as a shared-revenue, Pay-Per-Transaction distributor of rental videos, has established a new Information Services Division, the company said. The new division will focus on expanding the customer base of the Home Essentials Suite that presently includes Box Office Essentials for the reporting of domestic and international theatrical ticket sales, and

PORTLAND, Ore. -- Rentrak Corp. here, best known as a shared-revenue, Pay-Per-Transaction distributor of rental videos, has established a new Information Services Division, the company said. The new division will focus on expanding the customer base of the Home Essentials Suite that presently includes Box Office Essentials for the reporting of domestic and international theatrical ticket sales, and Home Video Essentials for the reporting of VHS, DVD and video game rentals in the United States and Canada. A nationwide search for the position of general manager and chief operating officer of the new division is in progress. Meanwhile, Marty Graham, previously senior vice president, was promoted to general manager and COO of the company's revenue-sharing business, which is now called the Rentrak PPT Division. Both executives will report to Paul Rosenbaum, Rentrak's chief executive officer. "The media and entertainment industry's evolution over the past five years has increased Rentrak's opportunities to provide valuable, actionable business intelligence to a wider variety of industry-leading companies," Rosenbaum said.