USA Video launches subsidiary for Webcasting
USA Video Interactive Corp US
Shares issued 70,848,088
Wed 10 May 2000 News Release
Mr. Edwin Molina reports
USA Video Interactive today launched a subsidiary to bring the
highest-quality content production and Webcasting to the Internet, making
it accessible to millions of viewers via its streaming video and
video-on-demand technologies.
"With the rapid convergence of broadcast and the Internet, and with our new
USA Video Productions division producing the best in video content for
education, major entertainment events like the Webby Awards, and all types
of other highest-quality content for Webcast, we are fast becoming a leader
in Internet TV," said Edwin Molina, president of USA Video Interactive.
"This important milestone significantly enhances the value we can offer our
clients in our complete, customized, end-to-end package for bringing
highest-quality video content to the largest audience possible via the
Internet."
For its initial project, USA Video Productions will produce the Webby
Awards 2000 tomorrow (May 11, 2000) in San Francisco. As the official
Webcast producer for the Webby Awards 2000, USA Video Productions will
provide the live digital satellite feed to millions of PC viewers through
the host of this year's star-studded show, Yahoo! Inc., a leading global
Internet communications, commerce and media company. The Internet broadcast
of the entire event can be accessed on Yahoo! Entertainment.
USA Video Productions is responsible for all aspects of the production and
for the entire satellite portion of the operation, including reserving
bandwidth on a geosynchronous satellite, preparing a digital signal for
satellite transmission, uplinking the feed to the satellite and then
downlinking it to Yahoo for transmission via the Internet. The eight-hour
event and live Webcast involve three locations on top of Nob Hill: Grace
Cathedral, Masonic Temple (for the actual awards ceremony) and Huntington
Park. Preproduced content will be combined with seven live camera and audio
feeds, including two microwave cameras supplied by USA Video Productions.
The feeds will be mixed on-site in a USA Video Productions production truck
into a single digital signal, uplinked to a satellite and then downlinked
to Yahoo for broadcast. A second signal will be encoded and transmitted via
T-1 landline to Yahoo as a backup to the satellite. USA Video Productions
will oversee approximately 30 engineers, video technicians and satellite
specialists handling the Web site production of the day's events.
USA Video Interactive's logo has been featured on all publicity about the
event as "The Official Webcast Producer of The Webby Awards;" the Webcast
itself will note that it is "Powered by USA Video Interactive."
The USA Video Productions subsidiary is a renamed subsidiary already owned
by USA Video Interactive but inactive for the last several months. Formerly
known as Merging Rivers Media Corp., USA Video Productions will handle many
of the functions originally planned for the old subsidiary but with a more
direct focus on content production and Webcasting. |
