Media & Advertising

Media companies are sitting on a goldmine of valuable assets that need digitizing inorder to realize value. Here are the companies providing the picks and shovels for the gold rush.-- Kenneth Nwagbogu
 

 
Telestream (private)

www.telestream.net

Chief Executive Officer: Dan Castles

Chief Financial Officer: Betty Fisher

Chief Technology Officer: Shawn Carnahan

Model: ASP, Enabler

Clients: CNN, NBC, Warner Bros., Discovery and AP, Tech TV, U.S. Navy.

Description: Telestream's FlipFactory software transcodes media clients' video into any other kind of video format and enables them to to publish it over the Web. This solves a huge problem for media clients whose analogue assets on different devices like videotape and Avid are not optimized for digital delivery, and also eliminates the need to encode separately for such disparate digital formats as Real, Windows, Quicktime, MPEG 1, MPEG 2 and DV. Telestream's software also works for major broadcast formats such as Sony and Pinnacle Systems. Charges a one-time fee of $10,000 per server, plus small maintenance charge.