Grab Networks Closes Definitive Agreement to Transition Anystream Business
Aug. 24, 2011, 2:53 a.m.
Dulles, VA — September 8, 2010 — Grab Networks, the Web’s premiere solution for monetizing streaming media, has finalized an agreement to transition the business operations of its Anystream enterprise transcoding division to market leader Telestream. As a key component of the agreement, Telestream will be supporting Anystream Agility® customers going forward.
With the introduction of its Anystream Agility® products more than a decade ago, Grab Networks pioneered a transcoding and publishing solution for media companies looking to distribute video on the web. In recent years the company expanded its strategy, providing new solutions for indexing and syndicating video to maximize its revenue value. With the transition of Anystream, Grab Networks is now focusing its industry leading hosted software platform to help media companies and advertisers reach the new generation of “media watchers.”
Grab Networks’ distributed content network maximizes the value of online video by delivering it in the right context to the appropriate audiences across the web. “It is nearly impossible to reach today’s fragmented audiences with television alone,” said Fred Singer, CEO of Grab Networks. “No marketing campaign today can maximize its impact until it reaches the new generation of video snackers, which our technology and distribution uniquely enables.”
Grab Networks leverages its ability to index, syndicate, and monitor video distribution across hundreds of thousands of sites to deliver industry-leading consumer engagement and monetization targets for both content providers and advertisers. With streaming media expected to grow at accelerating rates, Grab Networks is well positioned to leverage this expansion by offering a full suite of services for media companies seeking to tap ancillary revenue streams.
# # #
Grab Networks is the Web’s premiere hyper distribution network, offering content providers a comprehensive solution to host, distribute and monetize streaming media. As an ad-supported, video-only global syndication network with a monthly unique audience of more than 15 million viewers, Grab Networks sources short-form video content from leading media companies and distributes programming to exploit untapped revenue streams.
This entry was posted on Monday, September 13th, 2010 at 4:32 pm and is filed under Press Releases. You can follow any responses to this entry through the RSS 2.0 feed.Both comments and pings are currently closed.
Back to Grab News Articles