San Jose, CA (PRWEB) June 10, 2008
CDNetworks (KOSDAQ: 073710), a top-three global, full-service content delivery network (CDN), today announced that Lycos, Inc. has selected CDNetworks to provide global network infrastructure and advanced CDN technology to its Lycos Cinema platform. The Lycos Cinema video community social viewing experience now features enhanced viewing from CDNetworks' implementation of Adobe Flash Media Server 3, enabling new video on demand (VOD) rental business models and revenue streams for Lycos Cinema.
Lycos Cinema, bringing people together one flick at a time, gives users the opportunity to watch and interact around premium rentals and free VOD ad-supported film and episodic television titles. Lycos's synchronous Watch & Interact technology enables multiple users to view the same video at the same time with anyone, anywhere, at anytime -- all while chatting and socializing. Lycos kicked off the re-launch of its CDNetworks-enhanced Cinema platform by teaming with IndependentFeatures.com, a pioneer of the first independent film festival where film selection is done entirely online via a web-based competition.
Lycos Cinema is leveraging CDNetworks' content delivery technology, including Media Authentication, origin storage, and origin pull, across its global network. CDNetworks' origin server significantly reduces the complexity of managing on-line content and the cost of content storage. The combined Adobe FMS 3 RTMPE and CDNetworks Media Authentication provide Lycos Cinema with advanced features for streaming authentication. These technologies have introduced new business models for Lycos Cinema, including video on demand premium rentals, providing an easier approach to content publication at reduced costs. Additionally, CDNetworks provides higher video quality and better security for Lycos Cinema content partners.
"We selected CDNetworks as our content delivery provider because of its ability to immediately deploy FMS 3 coupled with its own leading-edge CDN technology and content delivery infrastructure," said Chuck Ball, vice president of sales and marketing for Lycos, Inc. "CDNetworks' ability to quickly implement a complex Flash media infrastructure enables us to provide leading-edge content security to our partners while providing an exceptionally high quality video viewing experience to Lycos Cinema viewers."
"Lycos Cinema is the only online social video viewing experience, where users can watch content synchronously and interact in real-time," said Simon Lee, CEO of CDNetworks US. "CDNetworks is happy to provide the infrastructure enabling a new revenue model for Lycos, while offering Lycos Cinema users near HD, high quality video viewing."
About Lycos, Inc.
Lycos, Inc. operates search and technology web sites that foster online communities, including the new Lycos Cinema community (http://cinema.lycos.com), bringing people together one flick at a time. Other Lycos products and sites include Lycos.com, Hotbot.com, Tripod.com, Angelfire.com, Gamesville.com, Lycos Mail, Webon, WhoWhere.com and The Lycos 50™. Lycos, Inc. (http://www.lycos.com) is a wholly owned subsidiary of Daum Communications Corp., a leading Internet portal and e-commerce destination in Korea with a growing presence throughout the Asian markets. Lycos was acquired by Korean Daum Communications Corp. in October 2004 and has its U.S. headquarters in Waltham, Massachusetts. Daum Communications Corp. is traded on the KOSDAQ: 035720, http://www.daum.net
CDNetworks, a top-three global, full-service content delivery network (CDN), provides technology, network infrastructure, and customer services that accelerate the delivery of Internet content and applications to end users around the world. CDNetworks provides a comprehensive suite of technology for video streaming, large-volume-files downloads, and image caching, which delivers unparalleled quality of performance, service, and reliability. World-leading media and entertainment, technology, retail, and online gaming companies rely on CDNetworks to optimize their end users' online experiences. CDNetworks, founded in 2000 in Seoul, Korea, has subsidiaries in the US, China and Japan and is publicly traded on Korea's KOSDAQ exchange (KOSDAQ: 073710). For more information, please visit: http://www.cdnetworks.com
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