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STREAMTHEWORLD is the first to offer live audio streaming of MPEG-4 AAC through Adode Flash® player.
Broadcasters are now able to stream live audio content in higher quality using the same bandwidth.
Montreal, Canada (March 17, 2008) – STREAMTHEWORLD, a pioneering Streaming Delivery Network (SDN), innovates once again by being the first to offer its customers AAC-compatible live audio streaming for Adobe Flash® players. AAC (Advanced Audio Coding) is slated to become the new industry standard as set forward by the influential Moving Picture Experts Group (MPEG). The adoption of this technology puts STREAMTHEWORLD at the forefront of the world’s elite streaming application developers and providers.
This new technology offers STREAMTHEWORLD customers a number of significant advantages. Using the same bandwidth, broadcasters are now able to stream live audio content in higher quality. AAC is a leap forward in providin listeners with near-CD quality sound. At last, users will be able to experience broadcasts as they were meant to be: great content that sounds even greater!
Through this significant enhancement of the user experience, STREAMTHEWORLD customers are better poised to capture and retain listener loyalty, which in turn translates into longer listening times and increased online ad revenue.
STREAMTHEWORLD has a long-standing commitment to providing its customers with the latest technological innovations, while keeping in mind both listener enjoyment and broadcaster needs. Our streaming solutions leverage the ubiquity of Adobe Flash players, installed on 98 % of the world’s online computers. |
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STREAMTHEWORLD announces additional financing Industry leaders embrace Streaming Delivery Network
STREAMTHEWORLD, a leader in streaming solutions for radio and TV broadcast, today announced its recent completion of a third round of financing, led by Propulsion Ventures and Triton Media Group. STREAMTHEWORLD is now fully funded to continue the commercial phase of its growth plan, and to add infrastructure and resources during the coming months.
"STREAMTHEWORLD experienced explosive growth last year", said Yves Eric Laliberté, company President and CEO, "and our passionate team of experts has focused on developing compelling solutions to help the radio-TV broadcast segment meet growing consumer demand for rich media delivered over the Internet. We are actively delivering those solutions to an increasingly global customer base, enhancing our marketing efforts, and expanding our sales and support teams."
Laliberté added that R&D-oriented STREAMTHEWORLD has built the first ever Streaming Delivery Network (SDN), which today streams around 1,000 live audio and video feeds in 20 countries. That translates into more than 10 million unique visitors per month, and increased revenues for SDN users as they reach growing numbers of viewers and listeners worldwide.
This level of potential exposure has attracted industry-leading clients like CBS Radio, Corus, Astral Media Group, Sky News, Multimedios and others. All are working closely with STREAMTHEWORLD as it develops customizable features and third-party integration that will let radio and TV clients greatly enhance the user experience, attracting more listeners, viewers, and advertisers.
About Propulsion Ventures
Founded in 1995, Propulsion Ventures is a top tier venture capital firm with $200 million under management. Propulsion actively invests in promising early-stage software companies in Canada. Propulsion Ventures, based in Montreal, is one of four of Telesystem venture capital firms that operate worldwide. Telesystem and its fund have offices in Montreal, Boston, London, and Johannesburg.
About Triton Media Group
Triton Media Group, LLC, is a leading supplier of web content, digital products and interactive media tools for the media industry. Its suite of applications, services and content, including the offerings of MJI Interactive, Mass to One, Stream the World, and Music To Go, provide proven traffic-driving and revenue-generating results to broadcasters.
Through its Triton Radio Networks division, Triton owns and operates Dial Global which provides sales representation services to over 50 national radio production companies, producing over 100 different programs and services. Dial Global’s programming division produces and syndicates more than 25 music programs and prep services, including the Dial Global 24/7 format business. Programs and prep services include "Backtrax USA", "Rick Dees Weekly Top 40", "The Countdown" with Walt "Baby" Love and Walt "Baby" Love’s "Gospel Traxx", "The Ross Brittain Report", "Whitney Allen’s Big Time", and "Short Bus" imaging services, among others.
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