Business Wire

Brightcove Enables Content Owners to Launch Over-the-top (OTT) Services and Monetize Content Faster than Ever Before

Share

Brightcove Inc. (NASDAQ: BCOV), the leading provider of cloud services for video, announced the general availability of Brightcove Beacon™, a new SaaS-based OTT platform. Brightcove Beacon empowers customers to deliver captivating OTT experiences on a breadth of devices, with the flexibility of multiple monetization models to fit any business need.

As consumers continue to shift their viewing habits, broadcasters, content owners, and Pay-TV providers are seeking new business models and technology in an effort to stay relevant to their audiences. The continuously expanding list of viewing devices is a challenge for many content owners, and Brightcove Beacon addresses this by allowing customers to launch content to multiple platforms simultaneously. Additionally, with multiple paths to monetization, including advertising, subscription, freemium, and authentication models, Brightcove Beacon helps customers to launch and monetize video content across mobile, web, connected TV, and smart TV all from one platform.

Brightcove Beacon allows customers of all industries to deliver content to multiple devices and platforms to increase audience reach. With Brightcove Beacon, new and existing customers are seeing the advantage of quickly launching multiple apps across platforms and devices with the added benefit of staying up to date with the latest app store requirements.

“We launched our first online community in 2012 using Brightcove Video Cloud with the goal of becoming a leading provider of online digital instruction via a paid subscription model. Our how-to instructions are centered around lifelong learning and hobbies, and reaches members in more than 150 countries,” said Jim Kopp, EVP and GM of Digital Business at TN Marketing. “Now with 11 online communities focused on engaging people with their passions, and as more consumers cut the cable cord and turn to app-based streaming devices like Roku and Amazon Fire TV, we see the opportunity to further evolve our video delivery to align with new viewing behaviors and preferences. Brightcove Beacon allows us to do this quickly, easily, and with the latest technology at the forefront of the streaming video industry.”

Brightcove Beacon also supports flexible monetization models enabling customers to see value from their content in a way that works best for their business and provides more options for advertising partners to reach viewers.

"We want to ensure that we continuously provide our viewers with easy to use products and engaging weather-related content," said Naomi Lipowski, Director IPTV & TV Apps of Pelmorex Corp. (parent company of The Weather Network & MétéoMédia). “As we continue to expand our services on more platforms to provide additional value to our viewers and advertisers, having cross-device OTT capabilities is a must. Brightcove Beacon's solution enables us to efficiently provide a high-quality viewing experience on a variety of devices for our viewers, while also creating more opportunities for our advertising partners to reach their audience demographics."

Furthermore, Brightcove Beacon helps customers to scale their businesses cost-effectively, reaching viewers on the devices and platforms they favor faster than ever before. By utilizing Brightcove Beacon, customers can focus on securing the content viewers crave.

“A few years ago, we observed that there was a significant opportunity to reach a broader global audience using OTT technology, but our organization was built around traditional TV and cable,” said Michael Stonecypher, VP of Digital Media/Broadcast at Christian Broadcasting Network. “Our goal was to build a user-friendly, consistent digital presence in a simple and cost-effective way without having to shift company resources away from producing the content our viewers seek. Brightcove Beacon enabled us to offer a full-scale OTT service using existing systems without having to expand our team. Today, OTT is a significant growth area for CBN, and Brightcove Beacon will help us keep pace with our viewers’ evolving demands.”

As stated in the Brightcove Video Index, the rise of mobile is here to stay, with 53% of global video views beginning on mobile devices, smartphones, and tablets. The role mobile plays in video consumption is as prevalent as ever and companies need to serve content to viewers where they are consuming content.

“We are excited to see our customers launch content quickly and easily across devices and platforms with Brightcove Beacon,” said Charles Chu, Chief Product Officer, Brightcove. “The OTT landscape is evolving and isn’t a one size fits all category anymore; viewers have increased expectations and appetites for watching videos while consuming content on a growing list of devices. Brightcove Beacon helps customers reach new viewers across more devices and expand their ability to protect and monetize their video content. For TN Marketing, Pelmorex, and CBN, Brightcove Beacon is the flexible platform that fits their needs and we are thrilled to partner with all three companies as they work to expand reach, monetize, scale, and get to market quickly with new apps.”

About TN Marketing

TN Marketing is a global video streaming service focused on creating communities by engaging people with their passions. Its how-to instruction, centered around lifelong hobbies, reaches members in more than 150 countries. TN Marketing is a leading video streaming service focused on the development of beginner to advanced how-to-instructional content. With eleven digital brand properties, a large number of subject matter experts, and nearly 2,000 hours of owned instructional content, TN Marketing delivers engaging content to its online subscribers and visitors every day.

About Pelmorex Weather Networks

Pelmorex Weather Networks, a division of Pelmorex Corp., is a leading international provider of weather-related information services. It operates in North America, Europe and Latin America under the brands The Weather Network, MétéoMédia, Eltiempo.es, Otempo.pt and Clima. The Weather Network and its French counterpart MétéoMédia are Canada's most popular weather and information services on TV, web and mobile apps. Eltiempo is Spain's leading multi-platform weather information provider. Pelmorex also operates Canada's National Alert Aggregation and Dissemination System, which aggregates and distributes emergency alerts issued by authorized government agencies, a part of Alert Ready.

About The Christian Broadcasting Network

Founded in 1960, The Christian Broadcasting Network (CBN) is a global multimedia organization focusing on evangelism and humanitarian aid. Producing television programming that is distributed via cable, broadcast, satellite and the internet, CBN is one of the largest Christian ministries in the world, taking its message of hope to 159 countries and territories, with programs and content translated into 85 languages. CBN's television outreach includes The 700 Club, one of the longest-running television series in America, as well as CBN News, an international, nonprofit news organization that provides programming 24 hours a day by broadcast, cable, satellite and streaming.

About Brightcove

Brightcove Inc. (NASDAQ:BCOV) is the leading global provider of powerful cloud solutions for managing, delivering, and monetizing video experiences on every screen. A pioneering force in the world of online video since the company’s founding in 2004, Brightcove’s award-winning technology, unparalleled services, extensive partner ecosystem, and proven global scale have helped thousands of companies in over 70 countries achieve better business results with video. To learn more, visit www.brightcove.com.

Contact information

Meredith Duhaime
PR Manager, Brightcove
mduhaime@brightcove.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Hurricane Electric Expands High Speed Connectivity With Global Switch in Amsterdam, London, and Sydney22.1.2020 11:30:00 EETPress release

Hurricane Electric, the world’s largest IPv6-native Internet backbone, announced today that it has expanded its point of presence (PoP) at Global Switch, a leading owner, operator and developer of large-scale, carrier and cloud neutral multi-customer data centers across Europe and Asia-Pacific, with highly resilient power and cooling infrastructure and sophisticated security and monitoring systems. Global Switch’s Amsterdam West data center, at Johan Huizingalaan 759, 1066 VH Amsterdam, boasts 40,576 sq. m of space and with a second data center, Amsterdam East planned on the existing campus the footprint will increase by 28,000 sq. m. Additionally, Amsterdam West has access to peering platforms AMS-IX and NL-IX, and offers bespoke solutions, from single rack deployments through to multi-megawatt bespoke solutions. Global Switch London East is located, together with London North, in the heart of the connectivity rich London’s Docklands, one of the most network dense locations in the wor

Jefferies to Hold Asia Pacific Trading Day in Support of Australia Wildfires Relief Today, January 2222.1.2020 10:00:00 EETPress release

Jefferies announced that today is the firm’s trading day to support relief efforts caused by the recent wildfires in Australia. Jefferies will offer investors the opportunity to join efforts to assist those affected by the devastation of this event by trading with Jefferies. As previously announced, Jefferies will donate net trading commissions from today, Wednesday, January 22 for all trading in Asia Pacific securities, including equities, fixed income and FX, by the firm’s clients globally. Simultaneously, all of the firm’s global employees will also be given the opportunity to personally donate to the relief effort. Jefferies will match all client trading commissions generated today, as well as match all employee donations from across the firm. The total contribution will then be donated to relief organizations directly involved in the rescue and recovery efforts in Australia. Rich Handler, CEO, and Brian Friedman, President, of Jefferies commented: "All of us at Jefferies, includin

Data Security Innovator, Secure Channels, Chooses Thales to Provide Key Management and Software Licensing Platform For IoT Security Solution22.1.2020 10:00:00 EETPress release

Thales has announced its encryption key management and software licencing platforms have been chosen by Secure Channels to protect its quantum-resilient encryption keys for its IoT-enabled devices. By using Thales’ key management platform, both companies’ customers will benefit from increased data protection no matter the connected device, even if there is no current security protection in place. In addition, Thales’ software licensing platform will enable easy access to Secure Channels’ cybersecurity software technology for customers and manufacturers, thus ensuring all IoT devices can be protected easily either at source or retrospectively. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200121005189/en/ (Photo: Thales) “Thales’s Sentinel Entitlement Management Software has enabled the first generation of truly secure connected devices,” said Secure Channels Chief Executive Officer Richard Blech. “With the vast increase in

Naspers Limited: Results of the Sale by Naspers Limited of 22 Million N Ordinary Shares of Prosus N.V. Through an Accelerated Bookbuild Offering to Institutional Investors22.1.2020 09:30:00 EETPress release

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAWs and REgulations. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION, INCLUDING THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN. NEITHER THIS ANNOUNCEMENT NOR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BE RELIED UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT WHATSOEVER IN ANY JURISDICTION. Naspers Limited (JSE: NPN; LSE: NPSN) ("Naspers") has sold 22 million N ordinary shares (the "Prosus N Ordinary Shares") in Prosus N.V. ("Prosus"), corresponding to c. 1.4% of the issued Prosus N Ordinary Shares, at a price per Prosus N Ordinary Share of €67.50, resulting in gross proceeds of approximately €1.5 billion for Naspers. The sale was effected through an accelerated bookbuild offering to institutional investors (the "Placin

CollabNet VersionOne and XebiaLabs Combine to Create Integrated Agile DevOps Platform22.1.2020 05:10:00 EETPress release

CollabNet VersionOne (CollabNet), a leading provider for Agile planning and collaborative development, and XebiaLabs, the leader in release orchestration, deployment, and continuous delivery, announced today that the two companies have merged. The combination, which was backed by TPG Capital, unites CollabNet’s upstream Agile planning and enterprise version control functionality with XebiaLabs’ downstream release orchestration and deployment automation capabilities to create an Agile, end-to-end, DevOps platform for enterprises. In connection with the transaction, Ashok Reddy, an accomplished industry veteran and former Broadcom executive, has joined the combined company as CEO. He replaces Flint Brenton, who is stepping aside to focus on family and personal interests after nearly five years of successful stewardship. Derek Langone, current CEO of XebiaLabs, will serve as President of the combined company. Stephen Gregorio, EVP and CFO of XebiaLabs, will serve as the combined company’s

Gilead Sciences to Release Fourth Quarter and Full Year 2019 Financial Results on Tuesday, February 4, 202022.1.2020 01:30:00 EETPress release

Gilead Sciences, Inc. (Nasdaq: GILD) announced today that its fourth quarter and full year 2019 financial results will be released on Tuesday, February 4, after the market closes. At 4:30 p.m. Eastern Time, Gilead’s management will host a conference call to discuss the company’s fourth quarter and full year 2019 financial results and will provide a business update. The live webcast of the call can be accessed at the company’s Investors page at http://investors.gilead.com. Please connect to the company’s website at least 15 minutes prior to the start of the call to ensure adequate time for any software download that may be required to listen to the webcast. Alternatively, please call 877-359-9508 (U.S.) or 224-357-2393 (international) and dial the conference ID 9634129 to access the call. Telephone replay will be available approximately two hours after the call through 8:00 p.m. Eastern Time, February 6, 2020. To access the replay, please call 855-859-2056 (U.S.) or 404-537-3406 (intern

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom