2008-08-26 15:11:01 -
- Horn Group Jason Brown, 646-202-9759 jbrown@horngroup.com Move Networks, the leading provider of Internet television services, today announced that Microsoft has joined Move Networks' Series C funding round as a strategic investor. Microsoft's investment follows a previous announcement that Move Networks will work with Microsoft so that its Internet television services work seamlessly with Microsoft Silverlight, a cross-browser, multiplatform plug-in
for delivering the next generation of media experiences and rich interactive applications via the Web.
With this strategic relationship, Microsoft Silverlight users can now experience high-quality, skip-free Internet television programming powered by Move Networks adaptive streaming technology. In addition, Move Networks' customers can use Microsoft Silverlight to place unique branding, navigation and other rich interactive elements in and around their Internet television video streams.
By integrating their services with Microsoft's Silverlight technology, Move Networks' strengthens its ability to offer media companies and other publishers the most powerful and flexible end-to-end solution available for the delivery of high-quality, engaging Internet television programming.
The first demonstration of this collaboration can be viewed this week, as the Democratic National Committee uses Microsoft's Silverlight technology and Move Networks' Internet television services to deliver viewers live video from its 2008 convention in Denver. Viewers can watch live coverage online by visiting the Democratic Convention Web site and clicking on
www.demconvention.com.
"Microsoft's Silverlight technology helps our customers add navigation and branding elements to their Internet television programming," said John Edwards, CEO of Move Networks. "Our close relationship with Microsoft demonstrates their confidence in our ability to unlock the tremendous potential of Internet television for audiences, media owners, advertisers, and service providers."
Move's industry-leading HTTP-based adaptive streaming services deliver video with a near-instantaneous start and seamlessly adjust image quality to fit available bandwidth on each viewer's Internet connection, creating the highest-quality Internet television viewing experience possible. Coupling these services with Silverlight's rich interactive platform extends opportunities for developers to create rich, advertising-based Internet television experiences that run on multiple platforms in a consistent and reliable way.
Move Networks is also pleased to announce that with this alliance, Move Networks will support Windows Server-based encoding, Microsoft codecs and Silverlight Digital Rights Management (DRM).
"Microsoft is excited to work with Move Networks, and help them raise the bar on the delivery of Internet television," said Scott Guthrie, Corporate Vice President, Developer Division, Microsoft Corp. "Silverlight's capabilities together with Move Networks' video streaming technology offers media companies the ability to deliver a video-rich, interactive experience for its customers."
About Move Networks
Move Networks, Inc. is a leading provider of video services that drive the growth and support of online audiences for leading broadcasters and publishers including Fox, ABC, the CW, and Discovery. The video technologies and services developed and managed by Move Networks enable leading brands to deliver live and on-demand programming to millions of people without the buffering, stalling, and low-quality viewing experiences common with competing technologies.
Product and service names mentioned herein are the trademarks of their respective owners.
Live Streaming of the Democratic National Committee Convention to
Showcase
Move Networks' Successful Integration with Microsoft Silverlight 2
