ABOUT TIME INC.Time Inc. (NYSE:TIME) is a leading multi-platform consumer media company that engages over 230 million consumers globally every month. The company's influential brands include PEOPLE, TIME, FORTUNE, SPORTS ILLUSTRATED, INSTYLE, REAL SIMPLE, SOUTHERN LIVING and TRAVEL + LEISURE, as well as approximately 60 diverse international brands. Time Inc. offers marketers a differentiated proposition in the marketplace by combining its powerful brands, trusted content, audience scale, direct relationships with consumers and unique first-party data. The company is home to growing media platforms and extensions, including digital video, OTT, television, licensing, international markets, paid products and services and celebrated live events, such as the TIME 100, FORTUNE Most Powerful Women, PEOPLE's Sexiest Man Alive, SPORTS ILLUSTRATED's Sportsperson of the Year, the ESSENCE Festival and the FOOD & WINE Classic in Aspen. ABOUT QELLO GLOBAL Qello is a global content monetization platform that amplifies revenue for content owners and distributors. Qello's Content Exchange uses A.I., machine-learning and big-data to tag, monetize, and distribute content, leading to more profitable transactions. Its product suite of Advertising and Publishing Technology amplifies revenues and viewer engagement. Qello provides unparalleled access to global markets by Content Syndication Services to major State-Owned media across Asia. Its big-data driven, OTT Video Platform with turnkey AVOD, SVOD, TVOD and Live functionality supports all relevant screens. Qello runs the largest Multi-Channel Network in Asia with 2.7B+ video-views and 30B+ video-minutes watched in 2016, and on target to achieve 4B views in 2017. Qello's clients include top media groups, publishers, broadcasters, hardware OEMs, telcos, portals, and MVPDs. Qello has offices in Los Angeles, New York, Shanghai, Singapore, Seoul, Hong Kong, Taipei, Shenzhen, Kuala Lumpur, Manila and Mumbai. Video on content exchange: https://www.youtube.com/watch?time_continue=38&v=ryczjaMCekw
Qello Global, a global content monetization and distribution platform, today announced a deal with Time Inc . to distribute video content from their portfolio of brands throughout Asia. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171214005869/en/ Qello will distribute and monetize video content from Time Inc. brands through its existing network of broadcasters, telecommunications companies, newspapers and online publishers. PEOPLE, SPORTS ILLUSTRATED, INSTYLE, TIME, FORTUNE, MONEY, TRAVEL + LEISURE, HEALTH and FOOD & WINE, among others, will be widely available throughout India, Korea, Japan, Taiwan, Hong Kong, Malaysia, Singapore, Indonesia, Thailand, the Philippines, Vietnam, Pakistan, and other territories throughout Asia. With this partnership, Time Inc. will be able to access an international audience through Qello's ad-supported distributor network, which garnered 2.7 billion video views from the APAC market in 2016. "This is a significant step for Time Inc.'s international growth and broader video strategy," said John Marcom, SVP and President of Time Inc. International. "Working with Qello is enabling us to expand our reach, giving our fans in Asia access to content from their favorite Time Inc. brands, as well as introducing millions of new consumers to world-class content from our expansive portfolio of iconic brands. Qello's platform means we can tailor our offering to suit individual markets and monetize the content through advertising." Qello's technology multiplies and automates distribution channels globally, expands video inventory and enhances audience engagement, ultimately maximizing revenues for both parties. Qello uses proprietary A.I., machine learning, and big-data to tag, monetize and distribute the content. Its technology amplifies video advertising revenues even further with digital product placement, contextual video placement, hotspots and e-commerce. Qello also supports the content through localization, translation, marketing, ad sales and trafficking. "We have the unique ability to take premium content and distribute it globally through our network of broadcasters, carriers, operators and other major media outlets," said Rex Wong, CEO of Qello Global. "The Time Inc. brands are some of the most iconic in the world. We look forward to enhancing their footprint."