Vusion announces a strategic partnership with Sports Video Group to provide the next generation of Internet technology to the sports video industry. As part of the news, Vusion has been selected by SVG as the exclusive HD encoding and streaming partner for the Sports Broadcasting Hall of Fame.
Despite the fact that most sports video is shot using HD cameras, media companies are forced to reduce the quality of their online video offerings due to the exorbitant bandwidth fees associated with traditional content delivery network technology. An end-to-end service for commercial media companies to deliver premium, high-definition video over the Internet, Vusion is capable of delivering instant-on, streaming video to millions of concurrent viewers at a fraction of the cost of CDNs.
"Traditional cable TV can't support all of the high-quality sports video that fans want to consume," said Paul Gallo, executive director of Sports Video Group. "With the insatiable appetite for HD quality video throughout the sports industry, the adoption of Vusion's new delivery platform has given us the capabilities to satisfy the growing need for online, on-demand HD video content with the reach and scalability to serve mass audiences."
An association of broadcasters, team owners, sports leagues, equipment providers and other sports technology providers, SVG was formed to help sports industry decision makers explore how to better apply video, Internet and audio technologies to their professions. Their goal is to help members and sponsors keep on top of the latest technology trends to grow the value of their industry and reach new audiences.
"With thousands of sporting events taking place across the globe, media companies are generating massive amounts of HD video content," said Robert E. Fasano, vice president of worldwide sales for Vusion. "With this partnership in effect, Vusion will now be able to provide the sports industry with a solution to deliver content to millions of HD hungry fans online. Consumers will now be able to turn to the Internet any time to follow their teams and watch premium events with a high quality, high definition video experience."