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Stock impact report

Young Hollywood Reduces Operational Costs with Brightcove’s Context Aware Encoding

Brightcove Inc. (BCOV) 
Last brightcove inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.brightcove.com/investor-relations
Company Research Source: Business Wire
Context Aware Encoding utilizes machine learning to deliver exceptional viewer experience and reduce bandwidth and storage costs by up to 50 percent for Brightcove customers BOSTON--(BUSINESS WIRE)-- Brightcove (NASDAQ: BCOV), the leading provider of cloud services for video, announced today that Young Hollywood has implemented its Context Aware Encoding, enabling the company to deliver an exceptional end-user experience to its audience while making more efficient use of bandwidth and saving on storage and video operations. During the company’s first few weeks of use, Young Hollywood, saw a 20 percent savings in storage and a 17 percent savings in bandwidth, while its OTT channel, Young Hollywood TV, realized a 23 percent savings in storage and a 35 percent saving in bandwidth. As one of the leading producers and distributors of celebrity-driven digital media, Young Show less Read more
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