TV advertisers are transitioning to impressions, such as C3 and C7, for more granular measurement and individual-level tracking. Data like watermarking, fingerprinting, ratings, people meters, and co-viewing can capture data for media buyers to make decisions.
Read More
Netflix proudly sponsored CODE@MIT 2023, presenting talks on digital experiments, evaluation of surrogate models, engagement metrics, and dose-response functions.
Read MoreSEN is selling its NZ digital and audio assets to TAB NZ for $3.7m to pay off its $28m debt and keep its sports holdings. CEO Craig Hutchison needs to reduce debt before August 2021 and a previous financial filing caused concern. SEN produces sports programmes, owns Rainmaker, Bravo and talent like Scott Cam.
Read More
CommScope, a telecom vendor, recently saw its shares drop drastically to below $1.80 amidst a reduced EBITDA guidance and the potential sale of access networks and wireless units. While Raymond James upgraded it to “market perform”, the risk of bankruptcy still lingers.
Read More
Munch, an AI-powered startup, raised $7.2M in seed funding to create short-form video from long-form content. It offers monthly and annual subscription plans and automates labor for 65% US and 25% international clients paying fees ranging from $49-$220/month.
Read More
Vidgo struggled to pay its vendors, leading to an interruption of service for thousands of customers. An enterprise management firm attempted to provide relief but the dispute with Harmonic has remained unresolved. Customers have been left without access and await official word on when services will resume.
Read More
Quadra VPU is an ASIC-based transcoder for 4K60P HDR streaming. Tests reveal Quadra can replace 46 server CPUs and consume 22% less resources than general-purpose CPUs & GPUs. Results show Quadra outperforms x264 for UGC quality levels, achieving a maximum VMAF score of 91.82 and throughput of 169 sec/hr.
Read More
Edgio secures $66m in funding from Lynrock Lake Master Fund LP, exchanging existing notes for 3.5%/16% PIK convertible notes. New financing enables Edgio to meet strategic objectives, provide world-class solutions to customers and partners.
Read MoreEdgio, Inc. secures $66M investment from Lynrock Lake Master Fund LP, exchanging existing notes for 3.5%/16% PIK convertible notes due 2027. The new financing provides flexibility to execute their strategic plan and serve customers & partners.
Read More
Award winners of 2023 Streaming Media Readers’ Choice include Interra Systems, Harmonic, Telestream, Ateme, Vimeo, Amazon, Muvi, EZDRM, AMD, Red5, LiveU, and Haivision. Haivision’s Makito X4 won for streaming hardware, with Blackmagic Design’s ATEM Television Studio as the video mixer winner.
Read MoreEdgio achieved $97 million revenue in Q3 2023, with 1.3% sequential growth. Adjusted EBITDA loss improved from previous quarter. Company to implement cost savings and capital infusion of $85-90m and $10-13m respectively by end of 2023. Projects free cash flow and adjusted EBITDA improvements in 2024.
Read MoreDentsu reported 6% organic revenue fall in Q3 2023, as tech & finance clients delayed ad spend. Global holding peers also had lower figures, e.g. IPG 0.4%, Omnicom 3.3%, Publicis 5.3%, Havas 4.5%. Hiroshi Igarashi looking to improve performance through One dentsu & converging marketing, tech & consulting services.
Read More
UK consumers are moving away from linear TV towards ad-supported streaming services. 68% choose free content over a subscription, and Smart TV apps are the top choice for live TV. Consumers are cost conscious: 36% cancelling or expecting to cancel a subscription in the next 12 months, while 13% add a free ad-supported service.
Read MoreIn Q3, Magnite’s CTV revenue fell 6% YOY to $52.5 million. CEO Michael Barrett believes CTV revenue will grow in 2024, despite a soft start for Q4. Travel was the strongest category, while retail, financial services and media/entertainment suffered due to actor strikes. SpringServe video ad server and ClearLine features should help boost CTV ad spend next year. Prime Video’s ad-support tier and live sports events are also expected to drive growth.
Read MoreDr. Erfanian researched methods to reduce end-to-end latency and enhance QoE in live ABR streaming. Dr. Çetinkaya developed ML approaches for HTTP adaptive streaming and two new techniques were proposed; FaME-ML and FaRes-ML. QLearning RDO and Esa-net also improved video segment quality by reducing artifacts up to 2.6dB PSNR gain. These methods could be used to optimize resource utilization and ensure high quality streams.
Read More
Amagi, a global SaaS leader for broadcast and connected TV, has acquired Tellyo, a live remote production and clipping platform. This enhances Amagi’s video toolset, expands their business in Eastern Europe, and brings together development centers from India, Croatia, and Poland.
Read MoreThe Trade Desk reported quarterly revenue of $493 million, up 25%, exceeding projections. CEO Jeff Green credited precision and transparency for a successful quarter and looks ahead to further success in 2024 with CTV, shopper marketing, and ID2 initiatives. OpenPath and Kokai launches allow advertisers to better target audiences, providing the most effective marketing for clients.
Read More
CDN77 projects 30-40% YOY revenue growth, with $140-$150M expected in 2023. Egress upgraded to 150 Tbps; 20 Lumen customers signed; specializes in high-margin mid-tier contracts; profitable CDN business.
Read MoreSTG, a private equity firm, has acquired Avid Technology for an all-cash transaction valued at $1.4 billion. CEO Jeff Rosica sees AI as key to Avid’s success, with products such as ScriptSync AI and Media Composer PhraseFind AI. STG aims to fuel Avid’s growth through a focus on innovation and customer value. Avid will remain headquartered in Burlington, Massachusetts and be privately-held.
Read MoreSTG, a private equity firm, has acquired Avid Technology for an all-cash transaction valued at $1.4 billion. CEO Jeff Rosica sees AI as key to Avid’s success, with products such as ScriptSync AI and Media Composer PhraseFind AI. STG aims to fuel Avid’s growth through a focus on innovation and customer value. Avid will remain headquartered in Burlington, Massachusetts and be privately-held.
Read More
Harmonic announced review of their video business, but not sign of weakness. Investors have seen 75.16% return in last 5 yrs due to strong margins and cash flow. Risk of high Comcast revenue concentration, but Harmonic controls any decisions.Harmonic announced review of their video business, but not sign of weakness. Investors have seen 75.16% return in last 5 yrs due to strong margins and cash flow. Risk of high Comcast revenue concentration, but Harmonic controls any decisions.
Read More
Bitmovin has grown rapidly in the market this year, forecasted to reach ‘twenties million’ revenue in 2022. Over 200 new paying customers have been signed and $68 million has been raised so far. Their latest funding round was for $25 million, aiming to further drive growth.Bitmovin has grown rapidly in the market this year, forecasted to reach ‘twenties million’ revenue in 2022. Over 200 new paying customers have been signed and $68 million has been raised so far. Their latest funding round was for $25 million, aiming to further drive growth.
Read MoreRoku showed strong Q3 2023 results with 75.8 million Active Accounts and 2.3 million sequential net adds. Growth was the highest of the year, cementing Roku’s market dominance in streaming.Roku showed strong Q3 2023 results with 75.8 million Active Accounts and 2.3 million sequential net adds. Growth was the highest of the year, cementing Roku’s market dominance in streaming.
Read More
CDN technology is rapidly evolving with innovations such as multicast ABR, cloud infrastructure, Open CDN, and multi-CDN helping stream operators securely deliver content with maximum efficiency. This allows for better user experience, scalability to handle peak traffic, and more energy-efficient streaming.CDN technology is rapidly evolving with innovations such as multicast ABR, cloud infrastructure, Open CDN, and multi-CDN helping stream operators securely deliver content with maximum efficiency. This allows for better user experience, scalability to handle peak traffic, and more energy-efficient streaming.
Read MoreBrightcove reported double-digit EBITDA growth and improved margins for Q3 2023. Revenue fell by 5% and net loss was $2.4 million, with negative free cash flow of $2.2 million ($16.4 million in cash and equivalents). Black Network OTT launched using Brightcove’s tech.Brightcove reported double-digit EBITDA growth and improved margins for Q3 2023. Revenue fell by 5% and net loss was $2.4 million, with negative free cash flow of $2.2 million ($16.4 million in cash and equivalents). Black Network OTT launched using Brightcove’s tech.
Read More