London, UK – 5th April 2018 – V-Nova Ltd, a leading provider of video compression solutions, today announced that uCast has integrated the PERSEUS Plus codec into its innovative platform for Internet TV services. The move will enable uCast to improve the quality of experience for viewers and reduce the cost of providing best in class video experiences on all devices.
uCast is deploying PERSEUS Plus to offer a step-change in experience to all its customers across devices as varied as game consoles, smartphones, smart TVs and tablets. V-Nova’s award-winning encoding solution enables uCast to improve the consumer experience at a fraction of the bandwidth, resulting in faster start times, reduced buffering and an overall improved quality of experience for consumers accessing the platform. The ability to deliver video at lower bitrates also enables services to reach more viewers.
“The video market today is incredibly complex, with broadcasters, hardware OEMs, telcos, portals and media groups all competing for the consumer’s attention,” said Kanaan Jemili, Chief Operating Officer, uCast. “The only thing that is truly consistent in the entire industry is the consumer demand for robust high quality delivered to any device, even when bandwidth is limited. By deploying V-Nova’s PERSEUS Plus, uCast can now deliver the quality that many are waiting to do with HEVC or AV1 in the future.”
The uCast platform is a scalable, data-driven video technology and service platform with AVOD, SVOD, TVOD and Live streaming functionality across all relevant screens. The platform powers services such as Qello Concerts, Stadium, and Acorn TV. uCast provides a turnkey, video ‘monetization-in-box’ solution for content owners, giving them control of their business and knowledge of their customer, with minimal capital investment.
Commenting on the deployment, Guido Meardi, CEO and co-founder at V-Nova, said: “Video quality, device compatibility and power consumption are all fundamental challenges that video services need to solve today to offer high quality experiences for consumers and increase their market share. PERSEUS Plus’ unique approach leverages existing hardware to support the vast majority of devices, and without consuming additional power. This allows us to ensure each viewer can watch content in the best possible quality their bandwidth allows. Working with uCast to deliver on this promise for millions of users is testament to the importance of next-generation video compression that works today.”
uCast is a leading global internet TV network and monetization platform that amplifies revenue for content owners and distributors. It provides unparalleled access to global markets and media. Its data-driven OTT Video Platform with turnkey AVOD, SVOD, TVOD and Live functionality supports all relevant screens. uCast also runs one of the largest Multi-Channel Network in Asia with 4.7B+ video-views and 46B+ video-minutes watched in 2017. Its clients include top media groups, publishers, broadcasters, hardware OEMs, telcos, portals, and MVPDs. Offices are in Los Angeles, New York, Shanghai, Singapore, Seoul, Hong Kong, Taipei, Shenzhen, Kuala Lumpur, Manila and Mumbai. For more information please visit www.ucast.tv
V-Nova Ltd. is a London-headquartered technology company providing next-generation compression solutions that address the ever-growing media processing and delivery challenges. V-Nova provides solutions spanning the entire media delivery chain, including content production, contribution, storage and distribution to end users. V-Nova’s award-winning PERSEUS™ is the only cross-media codec format and delivers on the promises of next-generation image and video compression, today. Using PERSEUS technology, media and entertainment companies can now monetise unmet consumer demand for higher definition video everywhere, on existing devices and infrastructure, by a simple software upgrade.
The PERSEUS technology works in 2 ways: PERSEUS Pro is an Intra codec for mathematically lossless and visually lossless professional production, contribution and imaging workflows. PERSEUS Plus is a temporal codec designed to enhance a base codec such as H.264 or HEVC, adding additional layers of detail and upscaling for unbeatable distribution efficiency to consumers.
For more information please visit www.v-nova.com
Segolene Roche / Darcie Farrell
Tel: +44 20 7486 4900