VANCOUVER, Nov. 8, 2011 /CNW/ - Destiny Media Technologies, Inc. (TSXV:
DSY) (OTCQX: DSNY) is pleased to announce the next generation of
Clipstream® at Booth 81 at the HTML 5 Summit at Streaming Media West in
Los Angeles Nov. 8-9, 2011. The product is expected to launch in the
first calendar quarter of 2012.
The current generation of Clipstream® is a playerless Java powered
technology, where users don't need to install or upgrade player
software and audio and video playback is near instant. It doesn't
require a streaming server and because it caches, it saves 90% on
bandwidth costs for popular content, while providing a higher quality
of service because of the better scalability.
This next generation is disruptive technology as it is completely cross
platform to all recent devices and operating systems, including those
that don't support Java. Publishers can keep video in one single
format, eliminating patent and licensing fees and transcoding expenses
(costs associated with converting, storing and streaming multiple video
formats). According to a 2007 report by Frost and Sullivan, transcoding
costs are projected to top $1.6 billion by 2014. According to a 2010
report by In-Stat, this market grew at 72% in 2010 because there is
such a lack of standards.
A solution which will reach nearly 100% of site visitors, thereby
generating more impressions will mean higher advertising revenues for
site owners and a much lower cost of delivery, while providing an
experience for consumers that "just works".
About Destiny Media Technologies, Inc.
Destiny's instant play streaming includes internet radio, internet TV,
online surveys and new cloud and mobile offerings. Patents include
watermarking, peer to peer locking and pending cross platform streaming
video for mobile. Universal, EMI, Warner, Sony and one thousand other
labels use Destiny's secure distribution service to deliver their
pre-release music to radio, online retail, DJ's, sports stadiums,
journalists and VIP's.
SOURCE Destiny Media Technologies, Inc.
For further information:
CEO Destiny Media Technologies, Inc.
604 609 7736 x222