Harmonic Inc - HLIT STOCK NEWS

Harmonic Inc. (NASDAQ: HLIT) will release its first quarter 2023 financial results after the market closes on May 8, 2023. A live webcast discussing the results is scheduled for 2:00 p.m. PT on the same day. Participants can register for the webcast through Harmonic's Investor Relations website, and a replay will be available after 5:00 p.m. PT. As a leader in virtualized broadband and video delivery solutions, Harmonic continues to innovate in delivering ultra-high-quality services for media companies and service providers globally.

Harmonic has launched VOS360 Ad, a stand-alone server-side ad insertion (SSAI) SaaS, designed for targeted advertising in video streaming. The solution facilitates scalable, low-latency ad delivery, supporting multiple applications such as live sports and IPTV. With the capability to deliver over 250 million ad impressions monthly, VOS360 Ad enhances audience engagement and monetization. Notably, MSG Networks will utilize this technology for its MSG+ service. The product features advanced capabilities like dynamic brand insertion, geo-redundancy, and integration with various ad servers, bolstering Harmonic’s position in the video streaming market. Now available, VOS360 Ad will be showcased at the 2023 NAB Show in Las Vegas.

Harmonic (NASDAQ: HLIT) has partnered with MSG Networks to use its VOS360 SaaS for the upcoming MSG+ sports streaming service launching this summer. This collaboration aims to deliver exceptional video quality and targeted advertising capabilities, including dynamic brand insertion. VOS360 SaaS operates on a geo-redundant cloud basis, ensuring high reliability and scalability for MSG+ subscribers. MSG Networks anticipates improved monetization through advanced server-side ad insertion technology. Harmonic also announced the availability of VOS360 Ad SaaS as a standalone solution and will showcase innovations at the 2023 NAB Show in Las Vegas.

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.

Harmonic (NASDAQ: HLIT) has partnered with Bally's Interactive to enhance its streaming capabilities through the VOS360 Media SaaS platform. This collaboration aims to deliver premium sports content with low latency and high video quality on the Bally Live app.

The VOS360 platform was deployed within two weeks and offers a flexible, scalable solution for managing live and video-on-demand (VOD) channels. Bally's will benefit from an end-to-end cloud solution that streamlines media processing and branding.

Key features include a pay-as-you-go model, which allows Bally's to manage costs effectively, and automation integration with Crispin for comprehensive playout control.

Harmonic (NASDAQ: HLIT) reported significant advancements in its XOS software for ATSC 3.0 deployments, enhancing bandwidth efficiency and video quality for NEXTGEN TV in major U.S. cities like Boston, Miami, and San Francisco. The collaboration with Pearl TV, BitPath, and Heartland Video Systems accelerates the adoption of ATSC 3.0, positioning Harmonic as a leader in media processing solutions. XOS is now responsible for over 200,000 premium broadcast and streaming channels worldwide, showcasing its capabilities in simultaneous ATSC 1.0 and 3.0 service delivery. The company will highlight its innovations at the 2023 NAB Show in Las Vegas, further solidifying its market presence.

Harmonic and Mirriad have announced a partnership to develop a dynamic brand insertion solution that enhances revenue opportunities for media companies. This technology integrates Mirriad's virtual product placement capabilities with Harmonic's VOS360 SaaS, allowing broadcasters to maximize ad inventory without increasing the number of commercials. The partnership aims to improve campaign effectiveness, brand awareness, and purchasing intentions. Furthermore, Harmonic will showcase this innovative solution at the 2023 NAB Show in Las Vegas. Both companies highlight the potential for significant monetization without disrupting viewer experience.

Harmonic (NASDAQ: HLIT) announced advancements in its on-premises and SaaS solutions for video streaming at the 2023 NAB Show, showcasing innovations in live sports streaming, targeted advertising, and cloud playout. The company highlighted its VOS®360 SaaS platform and XOS media processor, enabling media companies to achieve high-quality live streaming, maximize ad revenue through new server-side ad insertion technology, and streamline cloud-native playout solutions. Harmonic's leadership will participate in discussions on live sports streaming trends at the NAB Show, scheduled for April 17. With increased global deployments, Harmonic aims to drive efficiencies and monetize video content effectively.