ON Networks today announced that it was named one of the OnHollywood 100 Top Private Companies by AlwaysOn. The OnHollywood 100 is a power list of the top private emerging technology companies in digital entertainment and media. ON Networks was handpicked by the AlwaysOn editorial team based on a set of five criteria – innovation, market potential, customer adoption, media buzz and investor value creation.

“We’re honored to be recognized as one of the top companies in the emerging new media and entertainment space,” said Kip McClanahan, co-founder and CEO of ON Networks. “As the barriers to where and when we watch video and TV shows collapse, we’re ensuring viewers are always entertained.”

ON Networks along with the rest of the award winners will be honored at the OnHollywood & BRiM event on June 10-11, 2008 at the Sofitel Hotel in West Hollywood, California. OnHollywood brings together executives from both the entertainment and the technology industries to identify and debate emerging trends and to foster relationships and partnerships. The first annual Broadband Rights Marketplace (BRiM) will launch an online network that supports new creative projects and offers a digital-rights exchange and auction.

“This year’s OnHollywood 100 represents the brightest of the innovators in the new media space. We are enthusiastic about gathering the leaders in a collaborative environment that fuses these two industries together, culminating in the richest, most progressive conversations on Hollywood’s digital movement,” said Tony Perkins, founder and CEO of AlwaysOn.