- Interactive, on-demand TV services and content available on different devices
- Complete Ericsson solution includes encoding, encrypting, publishing and delivering content and application
- Ericsson's first managed services deal with a media company in Asia
MediaCorp is Singapore's foremost media organization with seven television channels, 13 radio stations, as well as newspapers, magazines, movies, digital and out-of-home media. Its TV viewers comprise majority of the Singapore market and its Channel NewsAsia International, one of the first Asian-owned English news channels, has a pan-regional outreach.
On-demand and over-the-top TV solutions continue to grow in importance for media owners and broadcasters as consumer viewing habits change, creating desire for watching TV anywhere, at any time, on any device. In line with MediaCorp's strategy, this deal supports a diversification of their business and helps build direct, interactive relationships with consumers. Ericsson will supply, integrate, manage and operate the complete end-to-end technical solution over a five-year period.
Lucas Chow, MediaCorp CEO says, "MediaCorp is pleased to have Ericsson as our solutions provider and partner, as we embark on this very important and strategic initiative. Together, we are confident in providing an unprecedented interactivity and innovation, by offering a suite of exciting services on multiple platforms to our local consumers. We will set the future direction of interactive TV in Singapore by riding on the next generation national broadband network, and herald a new era of TV experience."
"We are excited to support MediaCorp in delivering their new interactive service," says Fadi Pharaon, head of Ericsson Singapore and Brunei. "Ericsson will design, integrate and operate a customized solution for MediaCorp based on our portfolio of products, which will allow consumers to access content via specific set-top boxes, connected TVs, tablets, personal computers and mobile devices."
Jan Wäreby, head of Sales and Marketing, Ericsson, says: "This contract marks the beginning of a new partnership between Ericsson and MediaCorp. It further demonstrates Ericsson's leadership in the TV and managed services space, as well as our commitment to offer even more innovative solutions to our customers. We have the complete suite of building blocks needed to meet MediaCorp's exact requirements regarding technology, as well as systems integration and managed services capabilities."
Notes to editors:
· Some of the products and solutions included in this project are Ericsson's OpenStream Digital Services Platform, WatchPoint Content Management System, Ericsson's TV Portal, Ericsson's iPlex Video Processing Platform, and DRM and Automated Playback solutions. Ericsson will also provide and manage the billing and subscriber management system.
· Our multimedia content is available here: www.ericsson.com/broadcast_room
Ericsson is the world's leading provider of technology and services to telecom operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and provides support for networks with over 2 billion subscribers and has the leading position in managed services. The company's portfolio comprises mobile and fixed network infrastructure, telecom services, software, broadband and multimedia solutions for operators, enterprises and the media industry. The Sony Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich personal mobile devices.
Ericsson is advancing its vision of being the "prime driver in an all-communicating world" through innovation, technology, and sustainable business solutions. Working in 175 countries, more than 90,000 employees generated revenue of SEK 203.3 billion (USD 28.2 billion) in 2010. Founded in 1876 with the headquarters in Stockholm, Sweden, Ericsson is listed on NASDAQ OMX, Stockholm and NASDAQ New York.
MediaCorp is Singapore's leading media company with the most complete range of platforms, spanning television, radio, newspapers, magazines, movies, digital and out-of-home media. It pioneered the development of Singapore's broadcasting industry, with the broadcast of Radio in 1936 and Television in 1963. Today, MediaCorp has over 50 products and brands in four languages (English, Mandarin, Malay and Tamil), reaching out to all adults in Singapore every week. Our industry firsts include the Digital Video Broadcast technology for outdoor digital television, and Asia's first Digital Audio Broadcast radio service. Initiatives in the digital space include online classifieds, Internet TV-on-demand and High Definition TV broadcast. MediaCorp is an active regional player through co-productions in TV dramas and movies, magazines publishing, as well as Channel NewsAsia International, one of the first Asian-owned English news channels. Our financial and strategic relationships in the region since 2007 include a venture with Indonesia's most integrated media company PT Media Nusantara Citra and its parent, Global Mediacom, and International Media Corporation in Vietnam, set up to develop and produce television entertainment and economic news content.Winner of numerous international awards and accolades including Asia Television's Broadcaster of the Year, MediaCorp's vision is to become Asia's top media company, delivering valued content to the world. For more information, please visit mediacorp.sg
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