Limelight Partners With NeuLion to Deliver OTT and TVE Solutions
22 Aprile 2014 - 1:55PM
Business Wire
Leaders in Online Video Offer Fast Path to
Increased Monetization for Content Owners
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."
About Limelight
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.
About NeuLion
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.
Forward-Looking Statements
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 NetworksAmy Peterson,
617-986-5026limelight@famapr.com
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