TIDMFAL
RNS Number : 8396F
Falcon Media House Limited
26 February 2018
Falcon Media House Expands Live Streaming to India in Deal with
JPR Network
-- Landmark agreement shows Indian cable operator JPR Network
diversifying to deliver TV via mobile
-- On-demand streaming enables subscriber growth at fraction of the cost of cable or satellite
-- Deal marks Falcon's expansion into India, after concluding
agreements in Nigeria, South Africa, Canada and Mongolia
26(th) February 2018 (London, Mumbai) - Falcon Media House Plc,
the London Stock Exchange-listed digital technology and media
group, today announces that it has agreed to provide live and on
demand digital streaming technology to JPR Network, the
Mumbai-based cable network provider.
The deal extends Falcon's global footprint to India, the world's
fastest growing market for mobile subscribers, following agreements
in Nigeria, South Africa, Canada and Mongolia. JPR Network benefits
from a partnership in which Falcon provides subsidiary Quiptel's
patented Q-Flow open Internet streaming technology, also known as
over-the-top (OTT), and Mumbai-based Media Nucleus provides systems
integration.
"We're looking forward to delivering the first of many such
systems as OTT platforms represent the future of broadcasting,"
comments Falcon Media House Executive Chairman, Gert Rieder. "Local
networks and mobile services in India, Africa and Southeast Asia
are not always reliable enough to provide high quality streaming
experiences - which is where the Quiptel technology makes a big
difference."
Going beyond traditional network limitations, Q-Flow overcomes
the challenges of congested and slow connections to deliver content
to the end consumer using the most efficient and cost-effective
route, resulting in seamless streaming over even the most
challenging networks and mobile conditions. Rather than investing
in hardware and laying new network cables, Q-Flow enables
broadcasters and cable companies to increase customers with a lower
capital expenditure, creating a unique win: win solution for both
the OTT operator and their end users alike.
The solution is particularly applicable to India, where the
number of mobile subscribers is projected to soar by 310 million
between 2016 and 2020, almost double the increase in China and
beating every other country worldwide, according to GSMA
Intelligence.
TV network providers like JPR Network are taking advantage by
offering content through OTT at a fraction of the infrastructure
set-up cost for traditional cable, typically in the region of US$
600-1,000 per home. Q-Flow additionally enables JPR Network to
increase penetration with its existing 150,000-plus subscribers by
streaming content to their mobiles and other devices, while also
extending reach beyond its physical geography of Mumbai or even
India. Under its agreement with the Falcon and Media Nucleus
partnership, JPR Network will pay an undisclosed base plus a fee
per subscriber.
The partnership between Falcon and Media Nucleus targets medium
and large size broadcasters with a potential reach of 250 million
users in India and the partners have already identified over 200
such companies across the region. Beyond India, Media Nucleus also
provides innovative broadcast and Pay TV services to clients
ranging from Fox Movies in the Middle East to Zuku in East Africa
and now they have added the Falcon OTT solution to their
portfolio.
Falcon Media House Executive Chairman, Gert Rieder:
"Having a presence in India is key for success and with our
strategic partner Media Nucleus we can provide local support and
implementation to enable a timely cost-effective solution to other
MSOs looking to provide value added services to their existing
subscribers. Media Nucleus has a huge established customer base
including many of the leading broadcast companies in India.
Together we already have an immediate pipeline of MSOs who
represent over 2 million subscribers and we are looking forward to
enabling them to deliver a world class OTT service using Q-Flow
that will help them to grow in a cost-efficient manner, avoiding
the huge costs of building infrastructure."
Santosh Nair, Co-Founder and Director Media Nucleus:
"Media Nucleus is at the heart of India's burgeoning technology
industry and has over 3 decades of Software experience in the DVB
sector with a deep knowledge-base, benchmarked by Industry experts
in handshake technology protocols, enabling integrated multi
product platform deployments.
With a seamless and robust single platform window, Quiptels
unique architecture enables service and content providers alike to
transparently adhere to all Audit authority statutory
requirements".
"The explosion of the smartphone market, and with it the
increase in demand for streaming video content, requires a robust
and reliable OTT service both inside and outside the home. For
today's customers it's essential that the quality of experience can
be relied upon. Falcon Media House represents the future of the
industry, with Quiptel's revolutionary Q-Flow technology and a deep
understanding of global consumer needs. The combined strength of
both companies' products offers a tailored solution to the MSOs and
we look forward to announcing more wins in the very near
future."
ENDS
More information available at www.falconmediahouse.com
Contact: info@falconmediahouse.com
About Falcon Media House
Falcon Media House (LSE:FAL) is a multi-divisional, global
internet media group. We are building a new breed of media
entertainment house for the way people want to consume live and
on-demand video content. Our goal is to create an ecosystem where
great technology meets great entertainment ideas and finds the
right audience. The Group is capitalising on explosive demand for
digital video, streamed "live" and "on-demand" known as the
Over-The-Top (OTT) video streaming market. OTT solutions are
powered by Quiptel's innovative patented technology enabling
"intelligent streaming" (aka Q-Flow) on any network to any device,
dramatically improving QoS and QoE and 'bridging the last
mile'.
About Media Nucleus
Media Nucleus is at the heart of India's burgeoning Media
Services technology industry and has been built client
relationships lasting over a decade across Asia and Africa.
Catering to Broadcasters and Digital Cable companies - by
empowering their offering with seamless integration and encryption
services - Media Nucleus has established itself in a niche
domain.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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February 26, 2018 02:00 ET (07:00 GMT)
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