Technology Expected to Change the Way Video is Delivered over the
VANCOUVER, Dec. 4, 2013 /CNW/ - Destiny Media Technologies (TSXV: DSY)
(OTCQX: DSNY), announced today the commercial launch of its Clipstream® video cloud service. Clipstream will enable any non-technical corporate
user to upload videos that will play on all modern browsers including
TVs, tablets, phones, ebook readers and computers devices. Users can
access the service at Clipstream.com and my.clipstream.com.
“We are excited to introduce our new Clipstream Video Cloud Service,”
said Destiny Media Chief Executive Officer, Steve Vestergaard.
“Clipstream offers a number of technical and financial advantages to
both corporate users and consumers. The technology reduces costs by
eliminating the need to transcode into multiple video formats and the
need to host multiple versions of the same video file on specialized
video content servers. Because there is no need for player plug-ins,
videos encoded via Clipstream ‘just play’ in any modern browsers and
will reach up to 50% more users than current delivery methods. In
addition, videos in the Clipstream format will not expire or need
Visitors to clipstream.com and my.clipstream.com are able to download the free uploader software and use Clipstream’s
“drag, drop, and done” technology to upload their videos in a range of
playing formats. The service automatically converts videos to the
Clipstream format and uploads it to the cloud. Users will then receive
a link that can be embedded into websites and/or distributed through
Customers may purchase Clipstream video cloud service packages, which
include storage and transfer minutes, similar to a cell phone usage
plan. Plans range in price from $4.99 to $4,999 monthly. An extra fee
is charged for usage above the limits allowed. “We have priced our
Clipstream packages to encourage users to upgrade their plans as their
usage goes up over time,” explained Mr. Vestergaard.
“Our initial targets are broad-based content providers, including
advertising agencies, marketing professionals and web developers. We
are very excited about the prospects for our Clipstream service to
disrupt the $5 billion transcoding and storage industries, and believe
we are at the beginning of a significant growth stage for our company,”
Mr. Vestergaard concluded.
About Destiny Media Technologies, Inc.
Destiny Media Technologies (DSY.V) (DSNY) provides services that enable
content owners to securely display and distribute their audio and video
content digitally through the internet. The Company's two major
services are Clipstream and Play MPE®. Clipstream (www.clipstream.com) is a video format that plays on any
modern smart phone, tablet, internet, TV, or computer. With Clipstream,
there is no player to configure or install, and videos never go
obsolete. Play MPE (www.plaympe.com) provides a standardized method to securely and cost effectively
distribute pre-release music to radio stations and other music industry
professionals, before it is ready for sale. More information can be
found at www.dsny.com.
SOURCE: Destiny Media Technologies, Inc.
For further information:
CEO Destiny Media Technologies, Inc.
604 609 7736 x222
Three Part Advisors