Lumen Books Sale of Latin American Business for $2.7 Billion
The former CenturyLink is selling off its Latin American division to investment firm Stonepeak.
LiveU Acquired by Investment Firm
While the company is busy helping streaming the Tokyo Olympics, it got acquired by global investment firm Carlyle, which is purchasing the company from Francisco Partners.
Kaltura Valued at $1.24 Billion After IPO
After the pandemic scuttled an IPO in 2020, the 15-year-old enterprise and education video platform company floated on NASDAQ and raised $150 million to grow marketing, sales, and tech efforts.
HBO Max and Snapchat Partner for Co-Viewing
HBO Max becomes the first OTT service to build a Snap Mini, allowing Snapchatters to view select episodes of Gossip Girl, Game of Thrones, Looney Tunes, and more.
Younger Viewers Are Embracing Co-Viewing Apps
Both third-party co-viewing apps and co-viewing features built in to OTT apps are finding favor with younger viewers
Buyers’ Guide: Action Cams
Action cams remain a popular option for action sports (of course), POV video, drones, underwater video capture, and vlogging applications where a front-facing screen makes a difference. GoPro's Hero 9 Black still grabs most of the headlines, but other contenders round out a thriving and reasonably diverse action-cam market.
JW Player Raises $100 Million in Series E Funding
Coming hot on the heels of its acquisition of Vualto, the funding will allow the company to expand globally, increase staffing, and invest in product development
Canadian YouTube TV Viewership Grows 30% During 2020 Pandemic
Canadians are also watching more YouTube on TVs, bringing new opportunities to advertisers. To take advantage of that, Google is launching brand extensions embedded into YouTube content.
Ross Video Acquires Primestream
Primestream's workflow solutions enable capture, production, management, and distribution of live and on-demand video for organizations including Verizon Media and the NFL Network
Moscow State Reports: FFmpeg Still Tops for H.264, but Falters for HEVC and AV1
The good news: As always, Moscow State's codec studies are some of the most comprehensive available. The bad news: Unless you're TikTok or Tencent, you won't have access to some of the best performers.
Fastly Outage Exposes Fragility of the Internet
The edge cloud delivery service identified a "service configuration" that triggered disruptions that took down HBO Max, Hulu, Twitter, Spotify, and more. Services began coming back online within an hour.
New Report Reveals Radical Changes to Streaming Industry Over the Past Year
Streaming Media's State of Streaming Spring 2021 report, sponsored by Harmonic, shows the massive increases in streaming in previously underserved markets, as well as how the industry is addressing on-going bandwidth challenges.
AnyClip Lands $47 Million Funding; Relaunches as "The Visual Intelligence Company"
Video Company Creates New Category with First AI-Powered Platform for Business, Tackling Video Surge in Post COVID-19 Market
IBC Show Moves to December
Citing vendor and attendee reluctance to attend a September event, and the need to guarantee health and safety, IBC announced that this year's event will take place December 3-6 in Amsterdam
Take the Encoding and Transcoding 2021 Survey
Take a 5-minute survey about codecs, encoding workflows, and premium video features, and enter for a chance to win a $500 Amazon gift card.
V-Nova LCEVC Royalty Structure Announced
Royalty will be paid by streaming service providers; the codec will be free for encoder/player developers
Vimeo's New Corporate Video Library Keeps Teams Connected
The centralized video hub unlocks the power of video for every enterprise, including the 70% of Fortune 500s using Vimeo today
Zenlayer Raises $50 Million in Series C Funding
Edge cloud services provider announces its third round of funding
JW Player Acquires VUALTO
Acquisition of DRM provider strengthens JW Player's position in the market
Rethink Technology Forecast is Bullish on VVC
Rethink Technology Research's "Media & Entertainment Transcoding Workload and Device Royalty Forecast" breaks down anticipated codec penetration through 2030