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TOD by beIN MEDIA GROUP Partners with Harmonic to Enhance Live Sports Streaming in the MENA Region

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Harmonic (NASDAQ: HLIT) and TOD, a sports and entertainment platform by beIN MEDIA GROUP, have formed a strategic partnership to enhance live sports streaming in the MENA region. TOD will utilize Harmonic's VOS360 Media SaaS, a cloud-native platform running on Microsoft Azure, to improve viewer experience through low-latency streaming and superior video quality.

The VOS360 platform simplifies media processing and delivery, handling functions such as transcoding, encryption, packaging, and origin. Its real-time scaling and geo-redundancy capabilities enable TOD to reliably deliver major live sports events, including Premier League matches and UEFA finals, at scale with outstanding quality. This partnership aims to provide unrivaled sports experiences to MENA viewers through enhanced efficiency, reliability, and scalability in live and VOD sports streaming.

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Positive

  • Partnership with TOD expands Harmonic's presence in the MENA region
  • VOS360 Media SaaS enables low-latency live sports streaming with superior video quality
  • Platform provides real-time scaling and geo-redundancy for reliable event delivery
  • Solution handles end-to-end media processing, increasing efficiency for TOD

Negative

  • None.

News Market Reaction 1 Alert

+0.30% News Effect

On the day this news was published, HLIT gained 0.30%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Harmonic's VOS360 Media SaaS to Enable TOD with Low-Latency Live Sports Streaming with Superior Video Quality

SAN JOSE, Calif. and DOHA, Qatar, Sept. 9, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) and TOD, a premier sports and entertainment platform for the MENA region by beIN MEDIA GROUP, are pleased to announce a strategic partnership that elevates live sports streaming. By leveraging Harmonic's cloud-native VOS®360 Media SaaS, TOD aims to enhance the viewer experience for live sports fans across the region through unmatched agility, reliability, security and scalability.

James Walmsley, director of technology, product and analytics for TOD by beIN MEDIA GROUP, commented, "Given the intricate nature of live sports streaming workflows, it is essential to have a scalable video platform that offers the highest video quality and reliability with no margin for error. Harmonic's VOS360 Media SaaS unifies the entire media processing chain, increasing the efficiency of live and VOD sports streaming. By reducing latency and providing auto-scaling, the VOS360 platform allows us to deliver unrivalled sports experiences leveraging Deltatre's DIVA player."

Running on Microsoft Azure, Harmonic's VOS360 Media SaaS simplifies all stages of media processing and delivery for TOD. The end-to-end SaaS platform handles all essential media processing functions, including transcoding, encryption, packaging and origin. Real-time scaling and geo-redundancy capabilities on the VOS360 platform enable TOD to reliably deliver live sports events — including Matchweek 38 of the English Premier League, Europa League Final, FA Cup Final, Europa Conference League Final and Champions League Final — at scale, with outstanding video quality. 

"TOD by beIN MEDIA GROUP is delivering an impressive lineup of live sports events, and minimizing latency is critical to preserving audience engagement," says Gil Rudge, senior vice president, products and Americas sales, video business at Harmonic. "By adopting our industry-leading VOS360 platform, TOD can deliver live sports events with ultra-low latency, exceptional reliability and pristine 4K video quality."

Harmonic will demonstrate its VOS360 Media SaaS at IBC2024, Sept. 13-16 in Amsterdam. To schedule a meeting with Harmonic at IBC2024, stand 1.B20, visit www.harmonicinc.com/video-streaming/events/ibc. Further information about Harmonic and the company's solutions is available at www.harmonicinc.com. MENA-based viewers can access TOD and its content offerings at www.tod.tv.  

About TOD
TOD by the beIN MEDIA GROUP brings premium sports and entertainment content to viewers across the MENA region. The platform offers over 60,000 hours of premium Arabic, Turkish, International, Blockbuster, and Children's Entertainment content, including titles from leading Western Studios. TOD is also the leading sports streaming platform for MENA, with exclusive rights to live-stream matches from various sporting events, including the UEFA Champions League, Premier League, LaLiga, Ligue 1, Bundesliga, Turkish Super Lig, Europa League, NBA, ONE Championship, Davis Cup, ATP Tour and all four Grand Slams among the notable ones. Learn more about TOD TV: www.TOD.TV.

About Harmonic
Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband 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 broadband networking via the industry's first virtualized broadband solution, enabling operators to more flexibly deploy gigabit internet services to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet 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, 2023, 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.

 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/tod-by-bein-media-group-partners-with-harmonic-to-enhance-live-sports-streaming-in-the-mena-region-302240668.html

SOURCE Harmonic Inc.

FAQ

What is the purpose of Harmonic's partnership with TOD for HLIT stock?

The partnership aims to enhance live sports streaming in the MENA region, potentially expanding Harmonic's market presence and revenue streams in this area.

How does Harmonic's VOS360 Media SaaS benefit TOD's streaming services?

VOS360 Media SaaS provides TOD with low-latency live sports streaming, superior video quality, real-time scaling, and geo-redundancy, enabling reliable delivery of major sports events at scale.

What key features does Harmonic's VOS360 platform offer for live sports streaming?

The VOS360 platform offers end-to-end media processing, including transcoding, encryption, packaging, and origin services, as well as real-time scaling and geo-redundancy for reliable event delivery.

Which major sports events will TOD stream using Harmonic's VOS360 platform?

TOD will use the VOS360 platform to stream events such as English Premier League matches, Europa League Final, FA Cup Final, Europa Conference League Final, and Champions League Final.
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