OTT Premium, a subsidiary of the IOT Group, has entered an exclusive agreement to bring Xstream’s over-the-top media streaming platform to Australia and more than 100 countries across the Asia-Pacific region.
Xstream, one of the only independently owned tier-one streaming companies in the world, offers telcos, broadcasters, production and film companies and content owners with the full end to end over-the-top platform to deliver content which can be viewed on any device, at anytime, anywhere.
“The entire Asia-Pacific region is experiencing tremendous growth in online video viewership,” said Simon Hoegsbro, CEO of Xstream. “Entering this new era with OTT Premium will allow us to meet the increasing demand for our technology in this region.”
The Xstream technology will allow global content to be delivered instantly and seamlessly to Australian audiences — and Australian content to be delivered to new audiences around the world.
Existing Xstream clients include Telenor, Spark New Zealand and Bollywood’s largest production studio Balaji Telefilms. The company is in discussion with some major players in the region.
In addition, OTT Premium will be adopting Xstream’s dynamic business model which means no matter the size of the client, OTT Premium will cohesively scale with each client’s individual needs.