Exhibit 10.29

EMPLOYMENT AGREEMENT

This
Employment Agreement is entered into as of March 17, 2004 (the "Effective Date"), betweenCATHY HETZEL("Executive") and RENTRAK CORPORATION, an
Oregon corporation (the "Corporation").

1.    SERVICES

1.1Employment Position.    Corporation agrees to employ Executive as Senior Vice
President, VOD Essentials, and Executive accepts such employment, under the terms and conditions of this Agreement. Executive also agrees to serve, if elected, without separate compensation, as a
director of Corporation and an officer and/or director of any subsidiary or affiliate of Corporation. In the event that the Corporation pays directors fees to other directors who are also officers of
Corporation, Corporation will pay directors fees to Executive on the same basis. Corporation represents to Executive that it currently has and will maintain directors and officers liability insurance.

1.2Term.    The term of this Agreement (the "Term") will commence on the Effective Date and will expire
February 28, 2007. Notwithstanding the foregoing, in the event of a Change in Control of Corporation, as defined in Section 7 of this Agreement, during the Term of this Agreement, the
Term will automatically be extended to December 31 of the second calendar year following the year in which the Change in Control occurs.

1.3Duties.    During the Term, Executive will serve in an executive capacity as Senior Vice President, VOD
Essentials. Executive will report to Kenneth Papagan, Corporation's Executive Vice President, or his successor. Executive will be responsible for managing Corporation's VOD Essentials product line and
such other or different duties on behalf of Corporation as may be assigned from time to time by Corporation's President, Chief Executive Officer, Executive Vice President, or Board of Directors (the
"Board").

1.4Location.    Executive will initially be based in Los Angeles California. Within approximately 12 months
following the Effective Date, it is anticipated that Executive will be based in Corporation's Portland, Oregon, executive offices. Executive will do such traveling as may be required in the
performance of her duties under this Agreement.

1.5Outside Activities.    During her employment under this Agreement, Executive will devote her full business
time, energies, and attention to the business and affairs of Corporation, and to the promotion and advancement of its interests. Executive will perform her services faithfully, competently, and to the
best of her abilities and will not engage in professional or personal business activities that may require an appreciable portion of Executive's time or effort to the detriment of Corporation's
business.

1.6Application of Corporate Policies.    Executive will, except as otherwise provided in this Agreement, be
subject to Corporation's rules, practices, and policies applicable generally to Corporation's senior executive employees, as such rules, practices, and policies may be revised from time to time by the
Board.

2.    COMPENSATION AND EXPENSES

2.1Base Salary.    As compensation for services under this Agreement, Corporation will pay
to Executive a base salary of $220,000 per year, payable in a manner consistent with Corporation's payroll practices for management employees, as such practices may be revised from time to time.
Executive's annual base salary will be reviewed by Corporation's Executive Vice President and Compensation

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Committee
(the "Committee") on or before April 1 of each year (commencing in 2005), unless Executive's employment has been terminated earlier pursuant to this Agreement, to determine if such
base salary should be increased (but not decreased) for the following fiscal year in recognition of services to Corporation.

2.2Bonus Compensation.



2.3Equity-Based Compensation.



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2.4Additional Employee Benefits.    Executive will receive an annual grant of 208 hours of credit (or such
higher number of hours as are credited to Corporation's other senior executives) under Corporation's Personal Time Off (PTO) program. Personal time off and vacation may be taken in accordance with
Corporation's rules, practices, and policies applicable to Corporation's senior executive employees, as such rules, practices, and policies may be revised from time to time by the Board or the
Committee. During the Term, Executive will be entitled to any other employee benefits approved by the Board or the Committee, or available to officers and other management employees generally,
including any life and medical insurance plans, 401(k) and other similar plans, and health and welfare plans, each whether now existing or hereafter approved by the Board or the Committee ("Benefit
Plans"). The foregoing will not be construed to require Corporation to establish any such plans or to prevent Corporation from modifying or terminating any such Benefit Plans.

2.5Expenses.    Subject to review and approval by the chairman of Corporation's audit committee, Corporation will
reimburse Executive for reasonable expenses actually incurred by Executive in connection with the business of Corporation. Executive will submit to Corporation such substantiation for such expenses as
may be reasonably required by Corporation.

2.6Relocation Expenses.    Corporation will reimburse Executive for reasonable expenses, to be negotiated in
advance in good faith, for moving expenses in connection with relocation to Corporation's Portland offices.

3.    CONFIDENTIAL INFORMATION

3.1Definition.    "Confidential Information" is all nonpublic information relating to
Corporation or its business that is disclosed to Executive, that Executive produces, or that Executive otherwise obtains during employment. Confidential Information also includes information received
from third parties that Corporation has agreed to treat as confidential. Examples of Confidential Information include, without limitation, marketing plans, customer lists or other customer
information, product design and manufacturing information, and financial information. Confidential Information does not include any
information that (i) is within the public domain other than as a result of disclosure by Executive in violation of this Agreement, (ii) was, on or before the date of disclosure to
Executive, already known by Executive, or (iii) Executive is required to disclose in any governmental, administrative, judicial, or quasi-judicial proceeding, but only to the extent that
Executive is so required to disclose and provided that Executive takes reasonable steps to request confidential treatment of such information in such proceeding.

3.2Access to Information.    Executive acknowledges that in the course of her employment she will have access to
Confidential Information, that such information is a valuable asset of Corporation, and that its disclosure or unauthorized use will cause Corporation substantial harm.

3.3Ownership.    Executive acknowledges that all Confidential Information will continue to be the exclusive
property of Corporation (or the third party that disclosed it to Corporation), whether or not prepared in whole or in part by Executive and whether or not disclosed to Executive or entrusted to her
custody in connection with her employment by Corporation.

3.4Nondisclosure and Nonuse.    Unless authorized or instructed in advance in writing by Corporation, or required
by law (as determined by licensed legal counsel), Executive will not, except as required in the course of Corporation's business, during or after her employment, disclose to others or use any
Confidential Information, unless and until, and then only to the extent that, such items become available to the public through no fault of Executive.

3.5Return of Confidential Information.    Upon request by Corporation during or after her employment, and without
request upon termination of employment pursuant to this Agreement,

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Executive
will deliver immediately to Corporation all written, stored, saved, or otherwise tangible materials containing Confidential Information without retaining any excerpts or copies.

3.6Duration.    The obligations set forth in this Section 3 will continue beyond the term of employment of
Executive by Corporation and for so long as Executive possesses Confidential Information.

4.    NONCOMPETITION

4.1Competitive Entity.    For purposes of this Agreement, a Competitive Entity is any
firm, corporation, partnership, limited liability company, business trust, or other entity that is engaged in all or any of the following business activities:



4.2Covenant.    During the Term of and for a period ending on the last day of the applicable Noncompete Period
described in Section 5.7, Executive will not, within any geographical area where Corporation engages in business:



For
purposes of this Section 4, "Corporation" means Corporation and its subsidiaries (whether now existing or subsequently created) and their successors and assigns.

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4.3Severability; Reform of Covenant.    If, in any judicial proceeding, a court refuses to enforce this covenant
not to compete because it covers too extensive a geographic area or is too long in its duration, the parties intend that it be reformed and enforced to the maximum extent permitted under applicable
law.

5.    TERMINATION

Executive's employment under this Agreement will terminate prior to the end of the Term as follows:

5.1Death.    Executive's employment will terminate automatically upon the date of Executive's death.

5.2Disability.    Corporation may, at its option, terminate Executive's employment under this Agreement upon
written notice to Executive if Executive, because of physical or mental incapacity or disability, fails to perform the essential functions of her position, with reasonable accommodation, required of
her under this Agreement for a continuous period of 120 days or any 180 days within any 12-month period.

5.3Termination by Corporation for Cause.    Corporation may terminate Executive's employment under this Agreement
for Cause at any time. For purposes of this Agreement, "Cause" means: (a) a material breach of this Agreement by Executive; (b) Executive's refusal, failure, or inability to comply with
the
general policies or standards of Corporation or to perform any job duties of Executive; (c) any act of fraud by Executive, (d) any act of dishonesty by Executive involving Corporation or
its business; (e) Executive's conviction of or a plea of nolo contendere to a felony; or (f) the commission of any act in direct or indirect competition with or materially detrimental to
the best interests of Corporation that is in breach of Executive's fiduciary duties to Corporation; provided that Cause will not include any actions or circumstances constituting Cause under
(a) or (b) above if Executive cures such actions or circumstances within 30 days of receipt of written notice from Corporation setting forth the actions or circumstances
constituting Cause.

5.4Termination by Executive for Good Reason.    Executive may terminate her employment with Corporation under this
Agreement for "Good Reason" if Corporation has not cured the actions or circumstances which are the basis for such termination within 30 days following receipt by the Board of written notice
from Executive setting forth the actions or circumstances constituting Good Reason. For purposes of this Agreement, "Good Reason" means:



5.5Termination by Corporation Without Cause.    Corporation may terminate Executive's employment with Corporation
without Cause at any time by written notice to Executive.

5.6Termination by Executive Without Good Reason.    Executive may terminate Executive's employment with
Corporation other than for Good Reason at any time by written notice to the Secretary of the Corporation.

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5.7Applicable Noncompete Periods upon Termination.    The duration of Executive's obligations under
Section 4 (the "Noncompete Period") will be as follows:



6.    COMPENSATION UPON TERMINATION

6.1Death, Disability, or Expiration of Term.    Upon termination of Executive's employment
pursuant to Section 5.1, Section 5.2, or due to the Expiration of the Term, all obligations of Corporation under this Agreement will cease, except that Executive will be entitled to:



6.2Termination Without Cause or by Executive for Good Reason.



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6.3Termination For Cause or by Executive Without Good Reason.    In the event that, prior to the expiration of the
Term, Corporation terminates Executive's employment with Corporation for Cause under Section 5.3, or Executive terminates her employment with Corporation for other than Good Reason under
Section 5.6, Corporation's obligations under this Agreement will cease and Executive will be entitled to that portion of her base salary and employment benefits for which she is qualified as of
the date of termination and Executive will not be entitled to any other compensation or consideration.

7.    EFFECT OF CHANGE IN CONTROL

7.1Definitions.

"Change in Control".For purposes of this Agreement, a "Change in Control" will be deemed to have occurred upon the first
fulfillment of the conditions set forth in any one of the following three paragraphs:



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"Other Payment"means any payment or benefit payable to Executive in connection with a Change in Control of Corporation
pursuant to any plan, arrangement, or agreement (other than this Agreement) with Corporation, a person whose actions result in such Change in Control, or any person affiliated with Corporation or such
person.

"Total Payments"means all payments or benefits payable to Executive in connection with a Change in Control, including Change
in Control Payments pursuant to this Agreement and any Other Payments pursuant to any other plan, agreement, or arrangement with Corporation, a person whose actions result in the Change in Control, or
any person affiliated with Corporation or such person.

7.2Compensation Upon Termination Following a Change in Control.



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8.    REMEDIES

The respective rights and duties of Corporation and Executive under this Agreement are in addition to, and not in lieu of, those rights and duties afforded to and
imposed upon them by law or at equity. Executive acknowledges that any breach or threatened breach of Sections 3 or 4 of this Agreement will cause irreparable harm to Corporation and that any remedy
at law would be inadequate to protect the
legitimate interests of Corporation. Executive agrees that Corporation will be entitled to specific performance, or to any other form of injunctive relief to enforce its rights under Sections 3 or 4
of this Agreement without the necessity of showing actual damage or irreparable harm or the posting of any bond or other security. Such remedies will be in addition to any other remedy available to
Corporation at law or in equity.

9.    SEVERABILITY OF PROVISIONS

The provisions of this Agreement are severable, and if any provision of this Agreement is held invalid, unenforceable, or unreasonable, it will be enforced to the
maximum extent permissible, and the remaining provisions of the Agreement will continue in full force and effect.

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10.    NONWAIVER

Failure of Corporation at any time to require performance of any provision of this Agreement will not limit the right of Corporation to enforce the provision. No
provision of this Agreement or breach of this Agreement may be waived by either party except in writing signed by that party. A waiver of any breach of a provision of this Agreement will be construed
narrowly and will not be deemed to be a waiver of any succeeding breach of that provision or a waiver of that provision itself or of any other provision.

11.    NOTICES

All notices required or permitted under this Agreement must be in writing and will be deemed to have been given if delivered by hand, or mailed by first-class,
certified mail, return receipt requested, postage prepaid, to the respective parties as follows (or to such other address as any party may indicate by a notice delivered to the other parties hereto):
(i) if to Executive, to her residence as listed in Corporation's records, and (ii) if to Corporation, to the address of the principal office of Corporation, at:

One
Airport Center
7700 N.E. Ambassador Place
Portland, Oregon 97220

With
a copy to:

David
Culpepper
Miller Nash, LLP
111 SW Fifth Avenue, Suite 3400
Portland, Oregon 97204

12.    ATTORNEY FEES

In the event of any suit or action or arbitration proceeding to enforce or interpret any provision of this Agreement (or which is based on this Agreement), the
prevailing party will be entitled to recover, in addition to other costs, the reasonable attorney fees incurred by the prevailing party in connection with such suit, action, or arbitration, and in any
appeal therefrom. The determination of who is the prevailing party and the amount of reasonable attorney fees to be paid to the prevailing party will be decided by the arbitrator or arbitrators (with
respect to attorney fees incurred prior to and during the arbitration proceedings) and by the court or courts, including any appellate courts, in which the matter is tried, heard, or decided,
including the court which hears any exceptions made to an arbitration award submitted to it for confirmation as a judgment (with respect to attorney fees incurred in such confirmation proceedings).

13.    GOVERNING LAW

This Agreement will be construed in accordance with the laws of the state of Oregon, without regard to any conflicts of laws rules. Any suit or action arising out
of or in connection with this Agreement, or any breach of this Agreement, must be brought and maintained in the Multnomah County Circuit Court of the State of Oregon. The parties irrevocably submit to
the jurisdiction of such court for the purpose of such suit or action and expressly and irrevocably waive, to the fullest extent permitted by law, any claim that any such suit or action has been
brought in an inconvenient forum.

14.    GENERAL TERMS AND CONDITIONS

This Agreement constitutes the entire understanding of the parties relating to the employment of Executive by Corporation, and supersedes and replaces all written
and oral agreements heretofore

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made
or existing by and between the parties relating thereto. Executive acknowledges that she has read and understood all of the provisions of this Agreement, that the restrictions contained in
Sections 4 and 5.7 of this Agreement are reasonable and necessary for the protection of Corporation's business and that Executive entered into this contract in connection with a bona fide advancement
of Executive with Corporation in that Executive was granted a long-term employment contract. This Agreement will inure to the benefit of any successors or assigns of Corporation. All
captions used in this Agreement are intended solely for convenience of reference and will in no way limit any of the provisions of this Agreement.

The
parties have executed this Employment Agreement as of the date stated above.

|             |  | RENTRAK CORPORATION
|------------ |  | -------------------
|Cathy Hetzel |  | By:                
|             |  | Name:              
|             |  | Title:             

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APPENDIX 6.2.1(b)

FORM OF  AGREEMENT AND RELEASE

THIS AGREEMENT AND RELEASE ("Release") is made on this    day
of                        , 200    , by and betweenRentrak
Corporation,an Oregon corporation ("Corporation") andCathy Hetzel("Executive"). Corporation and Executive agree as follows:

1.    Payment to Executive.

(a)    Upon
the execution of this Release, and after expiration of the revocation period specified in Section 9 of this Release, Corporation will commence payment of the
applicable Monthly Severance Payments described in Section 6 of Executive's Employment Agreement dated effective March    , 2004 (the "Employment Agreement"), less normal deductions
and withholdings.

(b)    Executive
specifically acknowledges and agrees that Corporation has paid Executive all wages and other compensation and benefits to which Executive is entitled except
those described in Paragraph 1(a) of this Release and that the execution of this Release (and compliance with the noncompetition provisions of Section 4 of the Employment Agreement) are
conditions precedent to Corporation's obligation to make the Monthly Severance Payments.

2.    Release by Executive.

By executing this Release, Executive completely releases and forever discharges Corporation and each of its past, present, and future parent and subsidiary
corporations and affiliates and each of their respective past, present, and future shareholders, officers, directors, agents, employees, insurers, successors, and assigns (collectively, the "Released
Parties"), from any and all claims, liabilities, demands, and causes of action of any kind, whether statutory or common law, in tort, contract, or otherwise, in law or in equity, and whether known or
unknown, foreseen or unforeseen, in any way arising out of, concerning, or related to, directly or indirectly, Executive's employment with Corporation, including, but not limited to, the termination
of Executive's employment based on any act or omission on or prior to the effective date of this Release, but not including any claim for workers' compensation or unemployment insurance benefits.
Without limiting the generality of the foregoing, this release specifically includes, but is not limited to, a release of claims arising under Title VII of the Civil Rights Act of 1964; the Age
Discrimination in Employment Act; the Americans with Disabilities Act; the Family and Medical Leave Act; the Employee Retirement Income Security Act; the Worker Adjustment and Retraining Notification
Act; and ORS chapters 652, 653, and 659A, and any amendments to any of such laws.

3.    Return of Corporation Property.

Executive represents and warrants that Executive has returned to Corporation all property belonging to Corporation, including, but not limited to, all documents
or other media containing confidential or proprietary information of Corporation (including without limitation customer, production, and pricing information), and all Corporation credit cards, keys,
cellular telephones, and computer hardware and software.

4.    No Liability or Wrongdoing.

Corporation specifically denies any liability or wrongdoing whatsoever. Neither this Release nor any of its provisions, terms, or conditions constitute an
admission of liability or wrongdoing or may be offered or received in evidence in any action or proceeding as evidence of an admission of liability or wrongdoing.

5.    Severability.

If any provision of this Release is found by any court to be illegal or legally unenforceable for any reason, the remaining provisions of this Release will
continue in full force and effect.

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6.    Attorney Fees.

If any action is brought to interpret or enforce this Release or any part of it, the prevailing party will be entitled to recover from the other party its
reasonable attorney fees and costs incurred therein, including all attorney fees and costs on any appeal or review.

7.    Choice of Law.

This Release will be governed by the laws of the state of Oregon, without regard to its principles of conflicts of laws.

8.    Consideration of Agreement.

Executive acknowledges that Corporation has advised her in writing to consult with an attorney before signing this Release and that she has been given at least
21 days to consider whether to execute this Release. For purposes of this 21-day period, Executive acknowledges that this Release was delivered to her on            ,
20    , that the 21-day period will expire                        , 20    , and that she
may have until that date to consider the Release.

9.    Revocation.

Executive may revoke this Release by written notice, delivered
to                        within seven days following her date of signature as set forth below. This
Release becomes effective and enforceable after such seven-day period has expired.

10.    Knowing and Voluntary Agreement.

Executive acknowledges and agrees that: (a) the only consideration for this Release is the consideration expressly described in this document;
(b) she has carefully read the entire Release; (c) she has had the opportunity to review this Release and to have it reviewed and explained to her by an attorney of her choosing;
(d) she fully understands the final and binding effect; and (e) she is signing this Release voluntarily and with the full intent of releasing Corporation from all claims.

11.    Miscellaneous.

The benefits of this Release will inure to the successors and assigns of the parties. This is the entire agreement between Executive and Corporation regarding the
subject matter of this Release and neither party has relied on any representation or statement, written or oral, that is not set forth in this Release. Executive represents and warrants that Executive
has not assigned any claim that Executive may have against the Released Parties to any person or entity.

|RENTRAK CORPORATION
|-------------------
|By:                
|Title:             
|Date:              
|                   

|STATE OF  |  | )   
|--------- |  | ----
|          |  | ) SS
|COUNTY OF |  | )   

This instrument was acknowledged before me on ,
20, by
.

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