Xumo Enterprise Unveils Expanded Suite of Solutions for Building, Managing and Monetizing Fast Channels and Services

Rhea-AI Summary

Xumo Enterprise, a joint venture between Comcast and Charter, has launched an innovative CMS for managing FAST channels, marking a significant advancement in the streaming industry. The PGA TOUR is the first partner to utilize this new technology, designed to enhance programming and ad management. This initiative follows a successful 2022, where Xumo delivered 65% more streaming hours to customers. The suite of solutions includes FAST channel syndication, monetization, and data insights, further solidifying Xumo's position in the rapidly growing ad-supported streaming market.

Positive

• Xumo's CMS aims to enhance FAST channel management, offering tools for content owners and advertisers.
• PGA TOUR is the first to use the new CMS, reflecting confidence in Xumo's technology.
• In 2022, Xumo delivered 65% more streaming hours to enterprise customers, indicating strong growth.
• The suite offers monetization options and audience engagement insights, enhancing revenue potential.

Negative

• None.

PGA TOUR First to Utilize Xumo Enterprise’s Innovative Self-Service CMS for FAST Channel Management

Expansion Comes After a Year of Rapid Growth for Xumo’s Existing Enterprise Business, Which Delivered 65% More Streaming Hours to Customers in 2022.

PHILADELPHIA--(BUSINESS WIRE)-- Xumo Enterprise, the business-to-business arm of the new streaming platform joint venture between Comcast and Charter, provides the industry with tools and services to make free ad-supported streaming TV (FAST) more accessible. Today, it announced a new suite of software and technology solutions providing content owners, advertisers, and streaming platforms more ways to program, manage and monetize a customized streaming solution that can scale up or down to meet their unique needs and business goals.

Xumo Enterprise Unveils Expanded Suite of Solutions for Building, Managing and Monetizing Fast Channels and Services (Graphic: Business Wire)

“As more streamers look to supplement their subscription services with free programming, FAST services are becoming an increasingly popular way for content owners and advertisers to reach new viewers,” said Stefan Van Engen, Vice President of Content Acquisition and Programming, Xumo. “Since 2016 we have powered many of the leading FAST channels and services globally, and today’s announcement provides the growing industry with even more tools to maximize an existing FAST offering or create a new one.”

As part of the new solution suite, Xumo Enterprise is now offering content owners the ability to manage their own FAST channels within its reimagined content management system (CMS) designed to make channel management for the emerging FAST business simple and intuitive. The PGA TOUR is the first content partner to utilize Xumo Enterprise’s CMS to manage its FAST channel across available platforms. Capabilities of the CMS include building a programming schedule, managing ad loads, and gaining viewing and engagement insights.

“Our FAST channel has seen rapid growth over the past year – we’ve added more programming from our archives, expanded to new platforms and increased overall engagement,” said Tom Jeffs, Vice President of Media Business Development, PGA TOUR. “Xumo Enterprise’s CMS solution has been a great asset for us, giving us a simple way to nimbly program and manage our FAST channel as an extension of our broader storytelling efforts.”

Xumo Enterprise’s CMS offering enhances and extends the company’s existing enterprise solutions, which saw unprecedented growth in 2022 as FAST adoption within the industry soared. The company delivered 65% more streaming hours to its enterprise customers in 2022 than it did the year prior. Xumo Enterprise’s existing suite of software and technology solutions include:

• FAST channel syndication. Global ad-supported and subscription-based streaming services can partner with Xumo Enterprise to distribute FAST channels within their experience, choosing from Xumo’s library of 250+ premium, quality content partnerships.
• Linear channel creation and distribution. Xumo Enterprise’s CMS enables content owners to create, program and distribute their own branded FAST channels. Its best-in-class linear play out technology reaches 30+ countries.
• Monetization and optimized ad insertion. The proprietary ads management system (AMS) and server-side ad insertion (SSAI) solutions offered by Xumo Enterprise ensures content owners and streaming platforms can successfully reach new and larger audiences while building their respective businesses.
• Yield management and data insights. A new solution from Xumo Enterprise, content partners can now directly control and manage the ad load and frequency alongside engagement for their linear channel.
• White-labeled streaming service. Xumo is the only FAST solution provider that has the tech stack to develop white-labeled streaming services for OEMs and distributors customized to individual audiences and business needs.

About Xumo

Xumo, a joint venture between Comcast and Charter, was formed to develop and offer a next-generation streaming platform on a variety of branded 4K streaming devices and smart TVs. Powered by Comcast’s global technology platform, Xumo devices and services feature an entertainment experience designed to make it easy for consumers to find and enjoy their favorite streaming content through a world-class user interface and voice search, and for partners to meaningfully connect and engage with millions of consumers.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230105005626/en/

Debbie Frey

Comcast Corporation

215-286-4568

debbie_frey@comcast.com



John Tagle

Comcast Corporation

215-286-3011

john_tagle@comcast.com

Source: Comcast Corporation

FAQ

What is the significance of Xumo Enterprise's new CMS?

The new CMS simplifies management for FAST channels, allowing content owners to program and monetize effectively.

How has Xumo Enterprise performed in 2022?

Xumo delivered 65% more streaming hours to customers in 2022, showcasing rapid growth.

Who is the first partner using Xumo's CMS for FAST channel management?

The PGA TOUR is the first content partner to utilize Xumo Enterprise's new CMS.

What services does Xumo Enterprise provide?

Xumo offers FAST channel syndication, ad management, monetization solutions, and data insights.

What type of growth is Xumo Enterprise experiencing?

Xumo is experiencing significant growth in the FAST streaming sector, driven by increased demand from content owners and advertisers.