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."
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 Networks
Amy Peterson, 617-986-5026
limelight@famapr.com
Source: Limelight Networks, Inc.