Liberty Global Selects SeaChange for Next-Generation Cloud-Based Video Offering
December 06 2017 - 4:02PM
Video solutions innovator SeaChange International Inc.
(NASDAQ:SEAC) today announced its Adrenalin multiscreen video
solution has been selected as a key element of Liberty Global plc’s
next-generation video platform supporting its Horizon 4 services.
Liberty Global, the world’s largest
international TV and broadband company, provides video services to
viewers across Europe, the Caribbean and Latin America. Deploying
a common, fully virtualized video platform architecture for
its Horizon services allows for a faster pace of service innovation
and development.
The SeaChange Adrenalin software, running as
part of Liberty Global's video service platform, will provide the
content information and transaction support for Liberty’s viewers
across both broadcast and IP video delivery networks on Liberty’s
latest Horizon set-top boxes (STBs). Adrenalin’s flexibility also
supports each affiliate’s need to independently deploy and control
their own multi-vendor platform and editorial catalogues, while at
the same time gaining the operational efficiencies of shared,
visualized resources.
“We are pleased to be chosen as a key
contributor to Liberty Global’s next-generation video platform,”
said Ed Terino, SeaChange’s CEO. “SeaChange’s Adrenalin video
solution enables video delivery at the massive scale needed to
support customers such as Liberty Global. As video platforms
transition to virtualized cloud infrastructure and enable advanced
capabilities such as replay TV and network DVR to multiple devices,
SeaChange will continue to support customers like Liberty Global to
monetize their video assets and modernize their video delivery
platforms.”
Olivier Philippe, Vice President of
Entertainment within Liberty Global stated, “We have had a long
relationship with SeaChange as a key technology provider within our
video ecosystem. As the industry continues to evolve its
video platforms to support advanced consumer experiences that are
truly device agnostic, we need solution providers who can provide a
rich set of capabilities and stay relevant in those platform
ecosystems. This helps us to continue to innovate and rapidly
evolve our video services so that they truly resonate with our
customers.”
“Our selection of SeaChange as a key part of our
video platform reflects their continued development of leading
video delivery technologies and their relentless commitment to
operational excellence.”
About SeaChange
InternationalEnabling our customers to deliver billions of
premium video streams across a matrix of pay-TV and OTT
platforms, SeaChange (Nasdaq:SEAC) empowers service
providers, broadcasters, content owners and brand advertisers to
entertain audiences, engage consumers and expand business
opportunities. As an Emmy winning organization with nearly 25 years
of experience, we give media businesses the content management,
delivery and monetization capabilities they need to craft an
individualized branded experience for every viewer that sets the
pace for quality and value worldwide. For more information,
please visit www.schange.com.
About Liberty Global
Liberty Global is the world’s largest
international TV and broadband company, with operations in more
than 30 countries across Europe, Latin America and the Caribbean.
We invest in the infrastructure that empowers our customers to make
the most of the digital revolution. Our scale and commitment to
innovation enable us to develop market-leading products delivered
through next-generation networks that connect our over 24 million
customers who subscribe to over 50 million television, broadband
internet and telephony services. We also serve over 10 million
mobile subscribers and offer WiFi service across 10 million access
points. Liberty Global’s businesses are comprised of two stocks:
the Liberty Global Group (NASDAQ:LBTYA) (Nasdaq:LBTYB)
(Nasdaq:LBTYK) for our European operations, and the LiLAC Group
(NASDAQ:LILA) (Nasdaq:LILAK) (OTC Link:LILAB), which consists of
our operations in Latin America and the Caribbean. The Liberty
Global Group operates in 12 European countries under the consumer
brands Virgin Media, Unitymedia, Telenet and UPC. The Liberty
Global Group also owns 50% of VodafoneZiggo, a Dutch joint venture,
which has 4 million customers, 10 million fixed-line subscribers
and 5 million mobile subscribers. The LiLAC Group operates in over
20 countries in Latin America and the Caribbean under the consumer
brands VTR, Flow, Liberty, Más Móvil and BTC. In addition, the
LiLAC Group operates a sub-sea fiber network throughout the region
connecting over 40 markets. For more information, please visit
www.libertyglobal.com
Safe Harbor Provision Any
statements contained in this press release that do not describe
historical facts, including regarding future operations of
SeaChange and Liberty Global, are neither promises nor guarantees
and may constitute “forward-looking statements” as that term is
defined in the U.S. Private Securities Litigation Reform Act of
1995. Such forward-looking statements may include words such as
“may,” “might,” “will,” “should,” “expects,” “plans,”
“anticipates,” “believes,” “estimates,” “predicts,” “potential” or
“continue,” the negative of these terms and other comparable
terminology. Any such forward-looking statements contained herein
are based on current assumptions, estimates and expectations, but
are subject to a number of known and unknown risks and significant
business, economic and competitive uncertainties that may cause
actual results to differ materially from expectations. Numerous
factors could cause actual future results to differ materially from
current expectations expressed or implied by such forward-looking
statements, including the risks and other risk factors detailed in
various publicly available documents filed by the Company from time
to time with the Securities and Exchange Commission (SEC), which
are available at www.sec.gov, including but not limited to, such
information appearing under the caption “Risk Factors” in the
Company’s Annual Report on Form 10-K filed with the SEC on April
17, 2017. Any forward-looking statements should be considered in
light of those risk factors. The Company cautions readers not to
rely on any such forward-looking statements, which speak only as of
the date they are made. The Company disclaims any intent or
obligation to publicly update or revise any such forward-looking
statements to reflect any change in Company expectations or future
events, conditions or circumstances on which any such
forward-looking statements may be based, or that may affect the
likelihood that actual results may differ from those set forth in
such forward-looking statements.
Contact:InvestorsMary T.
ConwayConway
Communications1-781-772-1679marytconway@comcast.net
MediaKurt MichelVP,
Marketing1-978-889-3001kurt.michel@schange.com
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