Originally posted by MadanglighthouseTo paraphrase TMT...

Originally posted by Madanglighthouse

To paraphrase TMT analytics, Linius:"enables video files to be played out on any device from anywhere on the internet without the need for content providers to store hundreds of different copies with different subtitles, languages and advertisements,or in many different file formats (i.e. no transcoding). Instead, LNU’s so-called video virtualization technology allows for subtitles, audio tracks, ads etc.,to be added to the video stream on the fly, i.e. as the video is being played.The implications of this different approach are very far reaching. Firstly, content providers will be able to achieve substantial cost savings in the areas of transcoding and storage. Imagine Netflix not having to transcode and store 300 different versions of each movie on servers around the globe anymore.This frees up very substantial storage capacity and Internet bandwidth allowing for major cost savings, up to 80%"

I think the magic words here are frees up internet bandwidth (roads) because I believe the NBN has said that service providers (Optus Telstra etc) can improve their delivery by purchasing more bandwidth
Cheers