NeuLion Launches New Cloud-Based Virtual Announcer™ Technology
Source: Nasdaq GlobeNewswire / 19 Oct 2017 07:30:25 Eastern Standard Time
PLAINVIEW, N.Y., Oct. 19, 2017 (GLOBE NEWSWIRE) -- NeuLion, Inc. (TSX:NLN), a leading technology product and service provider specializing in the broadcasting, distribution and monetization of live and on-demand digital video content to Internet-enabled devices, today announced the launch of the NeuLion® Virtual Announcer™. Available as a new technology feature of the NeuLion® Digital Platform, the NeuLion Virtual Announcer enhances live OTT content streaming by offering viewers multiple audio choices from local language broadcasts to celebrity commentary.
The NeuLion Virtual Announcer allows sports and entertainment rights holders to utilize the cloud to quickly and easily add live broadcast commentary and analysis to live video feeds. Here’s how it works:
- NeuLion ingests the original video feed and streams it to the Virtual Announcer app
- In the app, each cloud broadcast team will record commentary while watching the live video feed
- The audio and video streams are seamlessly synced together and delivered to viewers on every screen based on geographic locations and other preferences managed by the NeuLion Digital Platform
Allowing live video commentary to be recorded from anywhere in the world provides an array of program-enhancing options. Rights holders can feature multiple audio tracks within the live program for local language broadcasts, game-expert commentary and play-by-play, celebrity spotlights, sports legend showcases and even direct fan commentary.
The Virtual Announcer provides live OTT content rights holders the ability to capture, package and distribute unique audio commentary faster, more easily and at far less expense than under the traditional in-venue model. This new feature, and the many possibilities it offers, is expected to spark longer fan engagement, attract more subscribers, reduce subscriber churn for rights holders and drive the continued transformation of the broadcast commentary industry.
The English Football League (EFL) is one of the first NeuLion partners to take advantage of the Virtual Announcer, giving all EFL clubs the ability to record a live audio voiceover and seamlessly sync and publish cloud-based broadcasting with the live game feeds coming from an EFL stadium. Fans of Norwich, Grimsby, Lincoln City, Portsmouth and other EFL clubs are enjoying this enhanced experience as part of the i-Follow subscription service, offered by the EFL and powered by the NeuLion Digital Platform.
Download the NeuLion Digital Platform Brochure here: http://www.globenewswire.com/NewsRoom/AttachmentNg/e783ed61-f21e-4dab-9eb9-748ac1a72794
NeuLion, Inc. (TSX:NLN) offers solutions that power the highest quality digital experiences for live and on-demand content in up to 4K/HDR on any device. Through its end-to-end technology platform, NeuLion enables digital video management, distribution and monetization for content owners worldwide including the NFL, NBA, EFL, World Surf League, Univision, Sky Sports, Eleven Sports Network and others. NeuLion powers the entire video ecosystem for content owners and rights holders, consumer electronic companies, and third party video integrators through its MainConcept business. NeuLion’s robust consumer electronics licensing business enables its customers like Sony, LG, Samsung and others to stream secure, high-quality video seamlessly across their consumer devices. NeuLion is headquartered in Plainview, NY. For more information about NeuLion, visit www.NeuLion.com.
Certain statements herein are forward-looking statements and represent NeuLion’s current intentions in respect of future activities. Forward-looking statements can be identified by the use of the words “will,” “expect,” “seek,” “anticipate,” “believe,” “plan,” “estimate,” “expect,” and “intend,” statements that an event or result “may,” “will,” “can,” “should,” “could,” or “might” occur or be achieved, and other similar expressions. These statements, in addressing future events and conditions, involve inherent risks and uncertainties. Although the forward-looking statements contained in this release are based upon what management believes to be reasonable assumptions, NeuLion cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and NeuLion assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Many factors could cause NeuLion’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including: our ability to derive anticipated benefits from the acquisition of Saffron Digital Limited; our ability to realize some or all of the anticipated benefits of our partnerships; our ability to increase revenue; general economic and market segment conditions; our customers’ subscriber levels and financial health; our ability to pursue and consummate acquisitions in a timely manner; our continued relationships with our customers; our ability to negotiate favorable terms for contract renewals; competitor activity; product capability and acceptance rates; technology changes; regulatory changes; foreign exchange risk; interest rate risk; and credit risk. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. A more detailed assessment of the risks that could cause actual results to materially differ from current expectations is contained in the “Risk Factors” section of NeuLion’s Annual Report on Form 10-K for the fiscal year ended December 31, 2016, which is available on www.sec.gov and filed on www.sedar.com.
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