Pilat Media And SimpleStream Launch OTTilus

You are here: Home Page » News » Pilat Media and SimpleStream launch OTTilus

Jun 29, 2012 4:24 PM

Pilat Media Global plc (AIM: PGB), a heading retailer of business administration program to the media industry, is fasten forces with SimpleStream Limited to launch OTTilus, a new firm specializing in over-the-top (OTT) video solutions for broadcasters, stage operators, and new media ventures. OTTilus will be a mutually owned firm with Pilat Media owning 60 percent and SimpleStream owning 40 percent.

"With OTTilus, you will mix the 14 years of announce administration skill and universal participation with the existing technology and gift pool that SimpleStream brings to the J.V. to concentration on the rising OTT market," mentioned Avi Engel, CEO of Pilat Media.

SimpleStream is a London-based startup firm founded and led by Adam Smith in 2010. The SimpleStream OTT stage is now existing and has 14 users in the U.K. inclusive TV channels such as the Food Network, At the Races, and Ideal Shopping. These and other media companies have choosen SimpleStream's hosted answer for streaming their channels to multi-part gadgets and for delivering catch-up TV services over the Internet. With the enhancements being updated and by leveraging Pilat Media's existing software, service delivery, and general presence, OTTilus is being engineered to fit the needs of a sufficient wider marketplace inclusive incomparable broadcasters, operators, and customers outward of the U.K.

For an primary time of 5 years and theme to a few exclusions, OTTilus will be the parties' disdainful van for delivering OTT solutions to TV broadcasters and operators. SimpleStream will go on to give its OTT solutions to non-broadcasters.

"We are exceedingly vehement about fasten forces with Pilat Media and bringing the new joint solutions to the universal market," mentioned Adam Smith, CEO of SimpleStream. "Our proven technology delivers OTT live streaming, catch-up TV, and on-demand services to viewers opposite a extended operation of consumer devices, inclusive smartphones, tablets, and related TVs."

Pilat Media is already entangled with several OTT-related projects in that its flagship Integrated Broadcast Management System's (IBMS) multiplatform rights, content, and media administration capabilities are exploited as segment of wider multi-vendor solutions. Through OTTilus, Pilat Media aims to spread its footprint and casing a incomparable segment of the worth sequence in the rising OTT market, in spin gap up new opportunities with existing and new customers and enhancing revenue-generation opportunities globally.