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iStreamPlanet

From Wikipedia, the free encyclopedia

iStreamPlanet
Company typeSubsidiary
Industry
Founded2000
FounderMio Babic
Defunct2023 (2023)
FateMajority stake acquired by Turner Broadcasting in 2015, and company shut down in 2023
Headquarters
Seattle, Washington
,
United States
Area served
United States
Products
  • Aventus Media Processing Suite
  • Orbis Direct-To-Consumer Platform
Services
Number of employees
150 (2019)
ParentWarner Bros. Discovery
Websiteistreamplanet.com

iStreamPlanet was a Seattle, Washington-based company that processes and delivers live video broadcasts over the internet. A majority stake of iStreamPlanet was acquired by Turner Broadcasting in 2015 and was lastly operated by Warner Bros. Discovery.[1] The company was founded in 2000 by former basketball player Mio Babic.[2]

iStreamPlanet streamed a number of major sporting events, including NCAA Division I men's basketball tournaments,[3] the Olympics,[4] the Super Bowl, the FIFA World Cup, and Formula One auto racing.[5]

iStreamPlanet was formally shutdown in 2023 with 25 employees laid off.[6] Months before this, external companies had been told that iStreamPlanet was changing models to no longer have external customers outside of Warner Bros. Discovery.[7]

Customers

While not all of iStreamPlanet's live video streaming customers were publicly known, some of their large customers are publicly acknowledged, including:[5]

References

  1. ^ Ramachandran, Shalini (14 August 2015). "Time Warner's Turner Cable Unit Acquires Majority Stake In iStreamPlanet". The Wall Street Journal. Retrieved 14 August 2015.
  2. ^ Smith, Gerry (17 May 2017). "How Time Warner Is Trying to Fend Off Netflix". Bloomberg. Bloomberg Technology. Retrieved 6 June 2017.
  3. ^ a b Costa, Brandon (20 March 2017). "March Madness Live Rides Success of New Streaming Infrastructure From iStreamPlanet". Sports Video Group. Retrieved 16 June 2017.
  4. ^ a b Rayburn, Dan. "How The Olympics Were Streamed Online: Q&A With Microsoft & iStreamPlanet". Streaming Media Blog. Streaming Media. Retrieved 16 June 2017.
  5. ^ a b "About iStreamPlanet". iStreamPlanet. Retrieved 14 January 2019.
  6. ^ Rice, Lynette (14 August 2023). "Warner Bros. Discovery Shutters IStreamPlanet". DEADLINE. Retrieved 14 August 2023.
  7. ^ "Spark to close sports streaming service in 2023". 16 December 2022.
  8. ^ Impey, Steven (8 November 2018). "Spark names US stream team for new sports OTT platform". SportsPro.

External links

This page was last edited on 3 June 2024, at 20:20
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