IBM increases its commitment to online video with new trade agreements

 

Multinational technology company IBM announced through a press release that it reached new trade agreements with some online video content providers to increase its bet on the cloud live streaming market.

 

Through its recently launched Cloud Video Unit (CVU), IBM will support the new Subscription Video On Demand (SVOD) service Comic-Con HQ, which will begin broadcasting in May, in addition to offering video services for the Canadian Broadcasting Corporation (CBC), the internet server AOL (Verizon) and Broadway Video studio.

 

In January 2016, IBM announced the purchase of the online video service provider Ustream and the creation of its CVU together with the video management service Clearleap, acquired in December 2015, the video storage service Cleversafe, purchased in October of that year, and the large file transfer tool Aspera, obtained at the end of 2013.

 

IBM CVU supports some of mainstream media and commercial companies with VOD and streaming services like HBO, A+E Networks, BBC America, Scripps Networks Interactive and Verizon.