Blockchain Press Releases
Newco embraces FAST, partners with Amagi and AD Digital to kickstart their streaming journey
NEW YORK, Aug. 11, 2023 /PRNewswire/ — Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV, and AD Digital, their strategic and technical partner in Brazil, today announced a partnership with Newco – a part of the communication group Bandeirantes and one of the media leaders in the Brazilian market – to launch and distribute Newco’s Free Ad-supported Streaming TV (FAST) channels. The channels – New Brasil and Empreender – will be launched on Samsung TV Plus’ TVP Brazil platform.
Newco’s channels will cater to viewers in the United States and Latin America with a wide variety of quality programming across genres including Sports, News and Entertainment. In the coming months, Amagi will distribute the channels to leading FAST platforms in other international markets. Amagi’s cutting-edge cloud-playout solution, Amagi CLOUDPORT, is the technology backbone behind Newco’s transition to FAST. Additionally, Newco has deployed Amagi THUNDERSTORM’s dynamic ad insertion services to increase their ad revenue opportunities.
“New Brasil’s entrance into FAST is the company’s first step to embracing this new horizon that grows every day worldwide. While our core mission remains the same, we believe in staying tuned to new opportunities in the dynamic world of media and entertainment. The Brazilian market too is constantly evolving, and FAST channels are much sought after, providing more options for entertainment and information,” said Paulo Saad, Newco and Grupo Bandeirantes’ VP.
Srinivasan KA, Amagi’s Co-founder & Chief Revenue Officer, said, “Amagi is excited to be selected as the technology partner facilitating Newco’s expansion into the FAST market. We are fully committed to empowering them in expanding their reach and maximizing their revenue through our cutting-edge services, fostering an even brighter future for Newco’s premium content in the region.”
Newco’s technology transition to FAST was also facilitated by AD Digital, which has been working as a partner for FAST channel implementation in Brazil. The company participated in the planning and implementation of Newco’s channel launch and was instrumental in providing post-launch support.
“We’re excited to be a part of the next chapter in Newco’s journey. The new channel brings fresh and interesting content ideas, and at AD Digital, we’re eager to help them with this mission. We’ll guide them into new ways of sharing their content, like using FAST channels,” said Daniela Souza, AD Digital’s Senior Vice President. “We’re watching closely as FAST grows in Brazil, and we believe that Newco joining FAST will add a lot to the mix. To me, it’s like another important piece of this fast-moving puzzle.”
Amagi delivers linear channels in over 40 countries around the world, with the majority of clients from the American market. Amagi’s customer list includes ABS-CBN, AccuWeather, A+E Networks UK, Cinedigm, Cox Media Group, Crackle Plus, Fremantle, Gannett, Gusto TV, NBCUniversal, Tastemade, The Roku Channel, and numerous other global companies.
More information about Amagi and its streaming TV solutions is available at www.amagi.com.
About AD Digital
AD Digital is focused on co-creating innovation, integration, and service delivery solutions within media ecosystems. The company seeks to unify strategy and technology to support its clients in a variety of initiatives, from solution integration to transformation consulting, providing each project with a unique approach, focused on the objectives and KPIs of each business. With over 28 years of experience, AD Digital has offices in São Paulo, New York, and Miami, and is ready to support companies throughout Latin America and the USA.
About Amagi
Amagi is a next-generation media technology company that provides cloud broadcast and targeted advertising solutions to broadcast TV and streaming TV platforms. Amagi enables content owners to launch, distribute and monetize live linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24×7 cloud-managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations. Overall, Amagi supports 700+ content brands, 800+ playout chains, and over 2100 channel deliveries on its platform in over 40 countries. Amagi has a presence in New York, Los Angeles, Toronto, London, Paris, Melbourne, Seoul, Singapore, and broadcast operations in New Delhi, and an innovation center in Bangalore.
View original content:https://www.prnewswire.co.uk/news-releases/newco-embraces-fast-partners-with-amagi-and-ad-digital-to-kickstart-their-streaming-journey-301898623.html
A new Ethereum meme coin, Pochita ($POCHITA), has made headlines after skyrocketing in value shortly after its launch. According to on-chain data, one trader turned an initial investment of $3,000 into $150,000 in under three hours, reflecting a near-5000% profit. This rapid surge has drawn comparisons to other meme coins like Bonk ($BONK), which gained significant attention in the Solana ecosystem.
Pochita launched on October 2, 2024, quickly reaching a $20 million market cap within 9 hours, despite the broader crypto market contracting by 2.9% over the past 24 hours. The meme coin sector also dipped 3.2%, now valued at $47.5 billion. Despite the falling prices, Pochita’s rapid rise suggests strong investor sentiment around meme coins remains, especially following recent Federal Reserve interest rate cuts.
Though meme coins are known for their volatility and lack of clear fundamentals, they can provide quick gains for traders. Pochita is being discussed as a potential successor to Bonk, and if it continues its growth, it could join the ranks of other top meme coins like Dogecoin, Shiba Inu, and Pepe Coin.
At the same time, other projects such as Crypto All-Stars ($STARS) are providing new avenues for meme coin holders by offering a unified staking platform where users can stake various meme coins and earn rewards. Crypto All-Stars has already raised over $1.9 million in its presale, indicating strong interest in platforms that provide utility and passive income opportunities for meme coin enthusiasts.
Source: cryptonews.com
The post Mysterious Trader Makes $150,000 Profit in 3 Hours From Just $2,956: Blockchain Analysis appeared first on HIPTHER Alerts.
A recent Binance report highlights critical risks in the cryptocurrency market, warning of the dangers posed by inflated valuations and centralized token ownership. The report cautions that if these issues remain unaddressed, they could destabilize the long-term stability and growth of the crypto industry.
Valuation Concerns: The report emphasizes that overvaluation, particularly in newly launched tokens with low circulating supply, could lead to market bubbles and poor performance. Venture capital funds, which once aggressively invested in crypto, are now scaling back and shifting focus to sectors with more sustainable valuations. As the market becomes saturated with new tokens, the circulating supply could increase exponentially, further straining performance.
Centralization of Token Ownership: Binance also flags the risks of centralization, where large tokenholders dominate ownership. This concentration of power can result in governance issues, market manipulation, and potential crashes caused by sudden sell-offs. The report stresses the need for decentralized control and broad participation to maintain the integrity and resilience of crypto projects.
Transparency and Trust: To mitigate these risks, the report underscores the importance of transparency in fund management. A lack of clear disclosures can erode stakeholder trust and harm project sustainability. Binance notes that greater transparency, like the adoption of proof-of-reserves by platforms such as Coinbase, is crucial for fostering responsible financial management and building long-term trust in the market.
In conclusion, the report urges the crypto industry to prioritize decentralized governance and transparency to ensure sustainable growth and maintain market confidence.
Source: cointelegraph.com
The post Binance warns of crypto market risks from overvaluation, centralization appeared first on HIPTHER Alerts.
The Cryptocurrency Open Patent Alliance (COPA) has teamed up with Unified Patents to launch the Blockchain Zone initiative, aimed at combating “patent trolls” in the crypto industry. Patent trolls, or non-practicing entities (NPEs), are known for exploiting patent rights through litigation rather than developing new technologies. COPA and Unified Patents aim to prevent such entities from hindering blockchain innovation by making costly and baseless patent assertions.
The initiative is designed to safeguard blockchain and related technologies from these unwarranted patent claims, fostering an environment where developers and companies can innovate freely without fear of legal threats. Key figures in the partnership, such as Paul Grewal from Coinbase and Steve Lee from Spiral, emphasize that patent trolls create significant barriers to technological progress, especially in the fast-evolving crypto space.
By aligning with over 300 companies through Unified Patents, COPA’s effort strengthens its mission to protect the blockchain community and the broader crypto-economy from the disruptive impact of NPEs, ensuring that blockchain innovation remains open and accessible.
Source: news.bitcoin.com
The post COPA, Unified Patents Partner to Fight Crypto Patent Trolls appeared first on HIPTHER Alerts.
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