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Ooyala Flex Media Platform to Support Interoperable Master Format for Simpler Workflows, Lower Costs and Time-to-Market

September 14, 2018

AMSTERDAM & SAN JOSE, Calif.--(BUSINESS WIRE)--Sep 14, 2018--IBC, Hall 14 Booth #G02 –Ooyala will provide extended support for the Interoperable Master Format (IMF) with the Ooyala Flex Media Platform, Ooyala’s flexible and configurable content supply chain optimization platform that automates tasks, simplifies workflows and speeds up the time-to-market for content creators and distributors.

With IMF support, the Ooyala Flex Media Platform – the world’s fastest growing media asset management and workflow automation solution being used by the world’s most innovative content owners to simplify millions of video workflows – can significantly reduce the costs and improve the efficiency of multi-version, multi-platform distribution needs.

IMF is a file-delivery standard created by the Society of Motion Picture and Television Engineers (SMPTE) that reduces the number of versions of a video file required for distribution to viewers in different markets and platforms around the world. Prior to IMF, thousands of different versions of a widely distributed motion picture – reflecting various combinations of subtitles, metadata, audio, formatting and other features – would be required to support multiple-market-segment distribution. The efficiencies offered by IMF – increasingly embraced by major studios and SVOD services – have been estimated to achieve savings of 25% or more in storage and “versioning” costs.

“Ooyala is precisely aligned with IMF’s goals, helping content creators and distributors streamline their operations to be more profitable,” said Jonathan Huberman, Ooyala CEO. “Unlike other technology partners, Ooyala provides end-to-end support for IMF across the entire content supply chain. And with seamless integration of existing tools into the Ooyala Flex Media Platform, we’re enabling IMF strategies for companies who would otherwise lack the necessary technology. The technology community has been listening to content providers, and we’re equipped to help them truly capitalize on global monetization opportunities.”

The platform will enable an IMF workflow while still working with existing business-critical technologies. It natively supports receipt of Interoperable Master Packages (IMPs) and transcodes them into renditions required for streaming to customer devices.

Ooyala will provide IMF support across all stages of the content supply chain – addressing requirements from asset management through processing, distribution and digital playout.

About Ooyala:

For more information, visit www.ooyala.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180913006131/en/

CONTACT: Ooyala

Colleen Nichols, 925-383-5539

cnichols@ooyala.com

KEYWORD: UNITED KINGDOM UNITED STATES EUROPE NORTH AMERICA NETHERLANDS CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE TELECOMMUNICATIONS

SOURCE: Ooyala

Copyright Business Wire 2018.

PUB: 09/14/2018 02:00 AM/DISC: 09/14/2018 02:00 AM

http://www.businesswire.com/news/home/20180913006131/en

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