STM Licenses DivX Video Service With DivX Plus Streaming to Enable Premium Entertainment Access at Internet Cafés
BERLIN, Sept. 6, 2013 (GLOBE NEWSWIRE) -- IFA 2013, Rovi Corporation (Nasdaq:ROVI), driving digital entertainment innovation, today announced STM Holdings Limited (STM) has chosen DivX Video Service ™ to power its new video-on-demand service in China. As part of the licensing agreement STM will use DivX Plus Streaming ™, Rovi's advanced adaptive streaming format with DivX ® DRM, as well as Rovi TotalCode, a professional quality video encoding solution. These solutions will initially be deployed to power a new STM service that will offer access to premium video entertainment in over 20,000 internet cafés in Greater China.
"As a company that already has a track record of supporting digital video services in the region, Rovi was a natural choice to support our efforts to provide digital entertainment access to millions of café visitors," said Helfand Mao, EVP, Sales & Operations at STM. "DivX video technologies will not only enable us to securely deliver our entertainment libraries, but more importantly, also help power exceptional viewing quality."Building upon core DivX video streaming, download, and DRM (digital rights management) technologies, as well as MainConcept ® professional encoding tools, the DivX Video Service offers components for managing the entire video distribution chain from creation of video and enablement of secure delivery to multi-screen playback across PC, Mobile and CE devices. These components help video services quickly scale services and offer consumers a high level of consistency, flexibility, and interoperability. The DivX Video Service includes Rovi's DivX Plus Streaming, enabling a "Blu-ray-like" experience in a streaming environment with support for 1080p high definition, multi-language subtitles and audio tracks, quick start, resume playback across devices, smooth fast-forward/rewind, and future support for High Efficiency Video Coding (HEVC/H.265). "Our collaboration with STM is a showcase of the breadth and depth of Rovi technologies for enabling the digital entertainment value chain from content creation through consumption," said Bob Shallow, SVP, Product Sales & Marketing at Rovi. "As the STM service highlights, Rovi technologies can provide an end-to-end solution and enable a variety of video distribution use cases."
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV