Harmonic Expands Cloud Playout Ecosystem and Automates FAST Channel Creation

Rhea-AI Summary

Harmonic (NASDAQ: HLIT) has announced a new partnership with Spideo to enhance its cloud playout ecosystem. This collaboration allows for automated scheduling and personalization of FAST channels through Harmonic's VOS®360 Media SaaS. With Spideo's advanced recommendation technology, media companies can efficiently create themed channels from their VOD libraries, optimizing advertising breaks and personalizing content for users. The partnership responds to challenges in the FAST market, aiming to increase operational efficiency and revenue potential for content providers. Harmonic will showcase this innovation at the 2023 NAB Show in Las Vegas.

Positive

• Partnership with Spideo enhances cloud playout capabilities.
• Automated scheduling provides cost-effective channel creation.
• Personalization features aim to boost viewer engagement and revenue.

Negative

• None.

New Partnership with Spideo Offers FAST Channel Scheduling and Groundbreaking Content Personalization

SAN JOSE, Calif., April 16, 2023 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that it has further expanded its cloud playout ecosystem and automated the creation of FAST channels. Through a new technology partnership with Spideo, a leading provider of personalization and recommendation solutions, Harmonic's VOS^®360 Media SaaS enables video content providers to automatically create schedules for FAST channels and offer groundbreaking personalization.

"One of the most significant challenges in the FAST market is scheduling," said Thibault Dorso, CRO and co-founder at Spideo. "Teaming up with Harmonic, we're making FAST channel scheduling and personalization a breeze. Harmonic has extensive expertise in cloud playout and when you add Spideo's innovation in content recommendations and personalization, it's exactly what the FAST market needs to increase operational efficiencies and boost monetization."

Bringing Spideo's Personalized FAST solution into Harmonic's VOS360 ecosystem enables content providers to leverage advanced features such as automatic break and channel scheduling as well as content personalization for FAST channels. With automatic scheduling, content providers can quickly and cost-effectively generate entire thematic channels from a VOD library and identify appropriate break points for advertising. Channel personalization capabilities powered by Spideo enable content providers to create FAST channels personalized to individual users or a qualified cluster of users.

"The FAST market is rapidly evolving and media companies are continuing to adapt to the changes," said Gil Rudge, senior vice president, video products and solutions at Harmonic. "Harmonic's open cloud playout ecosystem, further bolstered by the new collaboration with Spideo, demonstrates our unwavering commitment to the FAST market. Together with VOS360 Media SaaS, content providers can now analyze and automatically populate their content libraries into channels tailored toward specific audiences for seamless streaming, increasing viewership and opening up new revenue sources."

Harmonic's VOS360 Media SaaS simplifies all stages of media processing and delivery for premium video streaming. Running on all major public clouds, the end-to-end, cloud-native playout solution speeds up the creation of linear channels, sports events and streams for direct delivery to consumers or syndication partners.

Harmonic will demonstrate its expanded cloud playout ecosystem at the 2023 NAB Show in Las Vegas. To schedule a meeting with Harmonic, in booth W2801, visit https://info.harmonicinc.com/nab-show. Further information about Harmonic and the company's solutions is available at www.harmonicinc.com.

About Harmonic
Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized cable access and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized cable access networking via the industry's first virtualized cable access solution, enabling cable operators to more flexibly deploy gigabit internet service to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet cable services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen. More information is available at www.harmonicinc.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements concerning Harmonic's business and the anticipated capabilities, advantages, reliability, efficiency, market acceptance, market growth, specifications and benefits of Harmonic products, services and technology are forward-looking statements. These statements are based on our current expectations and beliefs and are subject to risks and uncertainties, including the risks and uncertainties more fully described in Harmonic's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2022, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. The forward-looking statements in this press release are based on information available to Harmonic as of the date hereof, and Harmonic disclaims any obligation to update any forward-looking statements.

Harmonic, the Harmonic logo and other Harmonic marks are owned by Harmonic Inc. or its affiliates. All other trademarks referenced herein are the property of their respective owners.

About Spideo
Spideo is a leading provider of video recommendation and personalization technologies for entertainment industries, with a focus on ensuring trust and transparency to both platforms and end users. Leveraging its semantic-based technology, the company has rapidly established itself as a key player in the video industry since its creation in 2010.

Spideo's innovative solutions have gained the trust of major European broadcast actors like Canal + Group and Bouygues, and the company's international partnerships with Globo, Televisa, and Sky have enabled it to provide recommendations and personalization to over 70 million users worldwide. To learn more about Spideo and its cutting-edge technologies, visit spideo.com or follow @SpideoTV on Twitter and Spideo on LinkedIn.

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SOURCE Harmonic Inc.

FAQ

What is Harmonic's new partnership with Spideo about?

Harmonic's partnership with Spideo focuses on automating FAST channel scheduling and personalization.

How does the new technology benefit Harmonic's VOS360 Media SaaS?

The technology partnership allows for efficient content scheduling and personalized recommendations, improving operational efficiency.

When will Harmonic showcase its new capabilities?

Harmonic will demonstrate its expanded capabilities at the 2023 NAB Show in Las Vegas.

What market need does the partnership address?

The partnership addresses scheduling challenges in the FAST market, enhancing monetization opportunities.

What are the expected outcomes of the Harmonic and Spideo partnership?

The expected outcomes include increased operational efficiencies, enhanced viewer engagement, and new revenue sources.