GlobeCast Signs Long-Term Agreement With IBM; GlobeCast to provide IBM Video Services to broadcasting community ------------------------------- Why this matters: DiviCom Joins IBM as Solution Partner for LogiCast divi.com
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ÿ 11/11/97 Business Wire (Copyright (c) 1997, Business Wire) ÿ
CULVER CITY, Calif.--(BUSINESS WIRE)--Nov. 11, 1997--GlobeCast North America today announced that it has entered into a long-term agreement with IBM to provide video content distribution services. GlobeCast will use IBM Video Services to offer broadcasters terrestrial transmission services as well as new and enhanced services made possible when video content is digitized. IBM Video Services, which provides ATM-based, real-time MPEG-2 content distribution over a private network, offers broadcasters quality video transmission services. With IBM Video Services, GlobeCast is offering television networks, stations, cable networks, news agencies and sports organizations a flexible and cost-effective alternative to its extensive satellite distribution network.
"GlobeCast has a preeminent market position as a provider of video transmission services within the broadcasting community," said Richard K. Selvage, general manager, Media and Entertainment, IBM Global Telecommunications and Media Industries. "Combining this market position with IBM's digital content distribution technology gives broadcasters a powerful tool to leverage their video assets and capitalize on new market opportunities."
"GlobeCast has unique expertise in providing video transmission services for broadcast, media and sports customers," said Keith Buckley, executive vice president of GlobeCast's Broadcast Services division. "This agreement allows us to provide advanced network capabilities to those customers on a highly cost-effective basis today, and to work toward providing new and enhanced services for digitized video content in the near future."
IBM Video Services is an ATM-based, real-time MPEG-2 content distribution network service that delivers on-air content to time-delayed distribution for the broadcast, media and entertainment industries. IBM Video Services is delivered through the IBM Global Network, one of the world's largest data networks serving 30,000 enterprise customers in over 900 cities and more than 100 countries.
GlobeCast will offer IBM Video Services on both a dedicated and occasional-use basis. The service is available immediately in six cities: Atlanta, Chicago, Dallas, Los Angeles, New York and Washington DC, with an additional eight cities scheduled to be added by the first quarter of 1998. All reservations and scheduling of video distribution will be handled through a GlobeCast facility or through a secure, Web-based application running on a personal computer.
About GlobeCast North America GlobeCast North America, part of the France Telecom group, is the largest US-based provider of global transmission services for video , audio and broadcast data applications. In addition to the company's vast infrastructure of over 100 transponders, GlobeCast provides instant access to the world's major media markets with 30 teleports and interconnect facilities. GlobeCast provides full time and occasional satellite services, cable distribution, syndication, tape origination, specialty audio services and studio facilities for clients like ABC, CBS, CNN, CNBC, Disney, E!, EBU, ESPN, FX, FOX, Fuji, HBO, Home & Garden, Lifetime, Major League Baseball, MSNBC, the NBA, NBC, the NHL, Paramount, Sony, Westwood One, Tokyo Broadcasting System, TV-Tokyo, UPN and USA Network. GlobeCast North America is headquartered in Culver City, California, USA, and maintains major operations in Los Angeles, New York and Washington, D.C. as well as U.S. regional sales offices in Atlanta, Boston, Dallas, Pittsburgh and Salt Lake City. Additional information on GlobeCast can be found on the World Wide Web at keystonecom.com .
GlobeCast is a trademark of France Telecom. All other company names are trademarks of their respective holders.
CONTACT: Collaborative Communications, Inc. Adam Mersky, 617-520-9114 Karen Fadden, 617-520-9115 mersky@collaborative.com fadden@collaborative.com 09:26 EST NOVEMBER 11, 1997 |