Leaders in Online Video Offer Fast Path to Increased Monetization for Content Owners
TEMPE, Ariz.--(BUSINESS WIRE)-- Limelight Networks, Inc. (“Limelight”) (Nasdaq:LLNW), a global leader in digital content delivery, today announced that NeuLion, Inc.(TSX:NLN), the leading Internet video technology provider for delivering live and on-demand content to any Internet-enabled device, has integrated its TV Everywhere Platform with the Limelight OrchestrateTM (“Orchestrate”) Platform.
The NeuLion TV Everywhere Platform allows any video publisher to seamlessly ingest, monetize and securely manage their content rapidly and efficiently across today's leading digitally connected devices including: PCs, smartphones, tablets, game consoles and smart TVs. The Orchestrate Content Delivery Service provides a highly scalable and elastic cloud-based delivery platform with bandwidth control, acceleration and optimal performance to ensure delivery of that content anywhere, on any device, at any time. More than just video, the NeuLion TV Everywhere Platform creates high-quality, interactive digital experiences to engage viewers on any device.
"When launching a multi-screen video service, content owners need to meet, and exceed, consumer expectations of the viewing experience. We're excited that by working with Limelight we can seamlessly provide an exceptional offering that meets this need," said Chris Wagner, executive vice president and co-founder at NeuLion.
The platform integration between NeuLion and Limelight reduces the complexities for rights holders as they no longer have to work with multiple vendors to ensure their content is delivered effectively. The new solution helps studios, broadcasters, cable networks, sports leagues, content owners and distributors of all types get their content into consumer’s hands quickly and easily, driving new and expanded digital revenues. Additionally, the NeuLion Platform offers multiple monetization options including advertising, pay-per-view, subscription, and TVE authentication models.
"The NeuLion TV Everywhere Platform is an incredible example of what can be done with the Orchestrate platform," said Kirby Wadsworth, Limelight's CMO. "OTT and TVE are multi-billion dollar markets, looking at a significant year over year growth, with new content sources arriving online every minute. Content owners need simple, easy to implement, solutions that allow them to tap into these new revenue streams quickly. We're very happy to work with NeuLion to bring world class solutions to this exploding market."
Limelight Networks, Inc. (NASDAQ: LLNW), a global leader in digital content delivery, empowers customers to better engage digital audiences by enabling them to manage and deliver digital content on any device, anywhere in the world. The company’s award winning Limelight Orchestrate™ platform includes an integrated suite of content delivery technology and services that helps organizations deliver exceptional multi-screen experiences, improve brand awareness, drive revenue, and enhance customer relationships — all while reducing costs. For more information, please visit www.limelight.com, read our blog, and be sure to follow us on Twitter® at www.twitter.com/llnw.
NeuLion, Inc. (TSX: NLN) offers the true end-to-end solution for delivering live and on-demand content to Internet-enabled devices. NeuLion enables content owners and distributors, cable operators and telecommunications companies to capitalize on the massive consumer demand for viewing video content on PCs, smartphones, iPads and other similar devices. NeuLion’s customers include major entertainment, sports, global content and news companies. NeuLion is based in Plainview, NY. For more information about NeuLion, visit www.neulion.com.
Certain statements herein are forward-looking statements and represent NeuLion’s current intentions in respect of future activities. Forward-looking statements can be identified by the use of the words “will,” “expect,” “seek,” “anticipate,” “believe,” “plan,” “estimate,” “expect,” and “intend” and statements that an event or result “may,” “will,” “can,”“should,” “could,” or “might” occur or be achieved and other similar expressions. These statements, in addressing future events and conditions, involve inherent risks and uncertainties. Although the forward-looking statements contained in this release are based upon what management believes to be reasonable assumptions, NeuLion cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and NeuLion assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Many factors could cause NeuLion’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including: our ability to realize some or all of the anticipated benefits of our partnerships; general economic and market segment conditions; our customers’ subscriber levels and financial health; our ability to pursue and consummate acquisitions in a timely manner; our continued relationships with our customers; our ability to negotiate favorable terms for contract renewals; competitor activity; product capability and acceptance rates; technology changes; regulatory changes; foreign exchange risk; interest rate risk; and credit risk. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. A more detailed assessment of the risks that could cause actual results to materially differ from current expectations is contained in the “Risk Factors” section of NeuLion’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, which is available on www.sec.gov and filed on www.sedar.com.
famaPR on behalf of Limelight Networks
Amy Peterson, 617-986-5026
Source: Limelight Networks, Inc.