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Ownzones Connect™ Adds Support for Academy Color Encoding System (ACES) Becoming First Cloud-Native Solution to Support Both ACES and IMF Standards

October 4, 2018

LOS ANGELES--(BUSINESS WIRE)--Oct 4, 2018--Ownzones Entertainment Technologies (“Ownzones”) today announced that Ownzones Connect™, the groundbreaking cloud-based solution that helps content providers manage, deliver and monetize video efficiently and securely, now supports the Academy Color Encoding System (ACES). The announcement comes less than a month after Ownzones Connect was named by Netflix as the only cloud-native solution in its Post Technology Alliance, a program for manufacturers committed to serving the evolving needs of the postproduction community through innovation and support.

ACES, an open-source color-management standard developed by the Academy of Motion Picture Arts and Sciences, is quickly becoming the gold standard for the production and postproduction industries. Capable of encoding every color visible to the human eye, ACES simplifies workflows and maintains a consistent color experience across the life cycle of a film or television series, from image capture through editing, visual effects, mastering, distribution and archiving.

“The industry’s move toward ACES will result in a fully encompassing color accurate workflow and seamless interchange of high-quality motion picture images regardless of the source,” said Ownzones CEO Dan Goman. “Ownzones is uniquely positioned to serve media companies looking to adopt ACES — as well as those that have already adopted it and want a more advanced implementation. Supporting ACES positions Ownzones cloud technology to better support upstream production processes as well as start to workflow around dailies, rough cuts, and other pre-mastered files.”

Ownzones Connect is an on-demand, software-as-a-service (SaaS) video supply-chain platform that requires only operational costs, scales to need, and offers total transparency on every operation. Hosted in the cloud through Amazon Web Services, Ownzones Connect allows studios and postproduction facilities to rapidly deliver content in any format to any platform without the need to continually invest in data servers.

An all-in-one solution that replaces multiple vendors and conflicting guidelines, Ownzones Connect enables transcoding video content up to 35 times faster and can reduce costs by as much as 90 percent. It also supports the SMPTE Interoperable Master Format (IMF), which is on track to become the industry standard for storing and transferring digital video files. Ownzones Connect is the first cloud-based solution to support both ACES and IMF.

Ownzones will showcase its new technology at the SMPTE Annual Technical Conference and Exhibition, taking place October 22-25, 2018, at the Westin Bonaventure in Downtown Los Angeles.

About Ownzones Entertainment Technologies

Ownzones is transforming the entertainment industry with the world’s most advanced cloud-native media distribution and monetization platform and a suite of innovative video supply-chain solutions. In addition to Ownzones Connect, the platform includes Ownzones Discover™, which allows content owners to reach wider audiences and increase profits by creating customizable streaming applications for mobile devices and set-top boxes, and Ownzones Monetize™, which enables content owners to eliminate the middleman by connecting directly with viewers and collect streaming revenue. For more information visit www.ownzones.com.

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KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: ENTERTAINMENT TV AND RADIO TECHNOLOGY INTERNET SOFTWARE AUDIO/VIDEO PHOTOGRAPHY FILM & MOTION PICTURES ONLINE

SOURCE: Ownzones Entertainment Technologies

Copyright Business Wire 2018.

PUB: 10/04/2018 12:45 PM/DISC: 10/04/2018 12:45 PM

http://www.businesswire.com/news/home/20181004005171/en

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