Hollywood's New Terabyte Tech Advantage
Jul 13, 2006 9:58 AM
Radiance Technologies Inc., a leader in Managed Asset Delivery, has partnered with Onstream Media Corp. (Nasdaq: ONSM - News), a leading online application service provider (ASP) of live and on-demand communications and digital media services, to provide a first in digital media and content delivery: the use of patented digital logistics technologies to optimize online delivery of digital media from their origin to their ultimate destination. The solution virtually eliminates the speed, reliability and security issues commonly related to sending massive files over the Internet or private networks.
The joint-technology offering will be provided by Onstream Media and made available to its customers, including major Hollywood studios and production houses, advertising agencies, and media communications firms. Many of these firms today rely on mailing film and other media to partners in their supply chains -- a costly method that can add days or weeks to the production schedules of mission-critical media projects, reduce revenue opportunities, and jeopardize competitive advantage.
The solution will also enable Onstream's customers to move large audio and video masters securely to production studio partners, shaving days off production schedules and allowing expedited schedules for movie premieres. The offering will be powered by Radiance's TrueDelivery(TM) system software, which is deployed in a distributed, fault-tolerant overlay network to provide carrier-class managed delivery.
