Brightcove scores pair of customer wins in Europe

Telecom Italia’s digital division, Matrix, has selected Brightcove’s Video Cloud to power its online video initiatives for its Virgilio consumer news and entertainment website. The site attracts more than 15 million Web users per month and is one of the largest consumer sites in Italy. It offers email, media sharing, news and location-based services to Italian-speaking users around the world. Telecom Italia said the Video Cloud will allow it to expand the new advertising-supported news and entertainment site, Vitv, which aggregates video content from multiple Italian news, television and cinema sites. Video Cloud will enable Virgilio to publish, distribute and monetize video content on Vitv across multiple devices, from PCs and smartphones to tablets and connected TVs.

Report: Facebook IPO filing could come this week

The long-anticipated wait for Facebook to take come action on its IPO-which is expected to raise $10 billion on the companies $75 billion to $100 billion valuation-could come this week. The Wall Street Journal, citing unnamed sources said the social networking company may file paperwork to get the ball rolling with the Securities and Exchange Commission in the next few days. The Journal said Facebook likely would select Morgan Stanley rather than Goldman Sachs to lead the transaction

Netflix Q4 results prompts surge in stock price

Netflix (Nasdaq: NFLX)’s stock price surged nearly 18 percent in after-hours trading following fourth quarter results and a first quarter outlook Wednesday that beat the low expectations analysts had set for the company. The streaming company reported earnings of $41 million, or 73 cents a share, down 14 percent from a year ago, when it earned $47.1 million, or 87 cents a share. The company reported revenue of $876 million, am increase of 47 percent over a year ago. Analysts had expected earnings of 54 cents a share and revenue of $857.3 million

Studios Still Don’t Get It: Paramount Charging $20 To Stream 10+ Year Old Movies

For all talk from the studios about how much they are “embracing” digital, they really aren't. Consumers are asking for more choices when it comes to being able to get first-run content in digital form, for multiple devices, yet the studios continue to launch services that are limited in playback, with pricing that's too expensive. The latest example comes from…

Streaming Media West Conference Videos From LA Now Online

All sessions from the Streaming Media West 2011 show in LA this past November are now online and available for on-demand viewing at www.streamingmedia.com/videos You may re-purpose these videos as you wish. Due to some technical issues we had with the recordings, one session entitled, “Making a Living on YouTube” was not able to be archived and two of the…

Juniper buys BitGravity’s service management tech from Tata

Less than a year after it acquired U.S. content delivery network BitGravity, Tata Communications has sold the company’s service management layer technology to Juniper Networks (NYSE: JNPR), a move that will help Juniper strengthen its content and media solution portfolio. Financial terms of the transaction were not disclosed. Juniper said the move is in reaction to exponential growth in online video traffic, with aggregate traffic doubling every six months according to leading analysts

Connected devices will fuel the next rising tide for online video industry

Apple (Nasdaq: AAPL) CEO Tim Cook may have reiterated the company’s stance that its Apple TV franchise is still just a hobby to the company, and with the numbers Apple put up in the first quarter for iPads and iPhones, what else could it be? But there are increasing indications that that “little business” of Apple’s is about to boom, and that it’s likely to be part of a rising tide that will give the online video industry yet another boost, perhaps becoming the flood tide that puts it over the top and firmly into mainstream America. NPD In-Stat today rolled out some research that said 2011 was a banner year for connected devices, and it’s likely to just be lighting the candle on a boom that the research company expects to see deliver a compound annual growth rate of 52.6 percent through 2016.

Cook: Apple TV sales accelerated in quarter, but still a hobby

During Apple (Nasdaq: AAPL)’s earnings call this week, CEO Tim Cook, while not talking directly about the company’s plans for its strategy for the living room, did say that the company’s connected device, Apple TV, was “doing actually very well.” “In last fiscal year that ended in September, we sold a bit above 2.8 million units. And just in the past quarter–the December quarter–we set a new quarterly record for Apple TV with over 1.4 million (units).” But, Cook pointed out in a response to Piper Jaffrey analyst Gene Munster, “if you dollarize this in revenues, we still classify this as a hobby. However, we continue to add things to it…We continue to pull the string to see where it takes us.” The current Apple TV connected device runs on the same processing chip as the original iPad and the iPhone 4; when, and if, it gets an upgrade, may be a sign that Apple has decided to move beyond the hobby stage with it.

Streaming Super Bowl ads top cost of broadcast ads

Advertisers who might have been looking for bargain rates to advertise on NBC’s streaming videocast of the Super Bowl a week from Sunday instead will pay more than advertisers who opt for broadcast ad buys. The National Football League is asking for, and getting, $55 cpm, roughly $20 more than NBC is charging advertisers who go the more traditional path. General Motors already has purchased an exclusive on car advertising to stream during the game. Execs expect the game to draw about 100 million TV views and expects an additional 5 million Internet viewers to watch on tablets. Article

Encoding.com integrates Vid.ly, creates ‘future proof’ encoding

Cloud-based Encoding.com has integrated its Vid.ly universal video platform into its video encoding workflow, accessed through a preset within the Web, Watch Folder and API interfaces. Selecting the Vid.ly preset automatically transcodes the source video into 24 different video formats. Vid.ly creates a short URL and the embed code for the Vid.ly-hosted video. The company, which rolled out a beta version of Vid.ly just a year ago, said the platform automatically transcodes video into all of the HTML5 formats, detects the browser and delivers the correct video format. Vid.ly prepares video for both iPad and iPhone adaptive bitrate stream to dynamically serve the bitrate most appropriate to the bandwidth of the requesting device.

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