The
Chinese Government is to launch a state-owned video streaming service, TARA TV, in a bid to significantly reduce piracy within the region.
The goal of the partnership is to provide a legal and cost-effective way for Chinese consumers to access Hollywood or other premium content without breaking the law.
The cloud platform will be enabled by tech provider TV2U in a strategic alliance with Stereoscope Cloud and Vector International. After launching into the market, TV2U will also be able to ingest local Chinese content into its global content network and offer it to subscribers outside of China, delivering local and Chinese-language video to nationals living elsewhere in the world.
Vector International’s software will also be used to introduce a loyalty scheme to TARA TV that incentivises consumers to use the state-owned platform rather than searching for illegally streamed movies. Similarly to traditional retail loyalty schemes, Chinese consumers will be able to earn points from shopping online or interacting with advertising on the platform.
These points will be redeemable against pay-per-view premium content and other products and services provided through the TV2U platform.
6 May 2015
TV2U entered into a strategic alliance with two partners in order to launch its managed cloud entertainment platform Tara TV in China
Working with the hardware supplier Stereoscope Cloud and automation specialist
Vector International.
take note of the next sentence!!
TARA TV is expected to launch in China before the end of the year. yes that is correct, end of 2015
.
1.6 or 2 cents or even 5 cents are starting to seem like they will be a thing of the past very soon!
Take emotions, greed and fear out of the picture and just think about what we have here, try and absorb the facts the information......are you tasting it yet?
TV2U has signed an LOI with Akamai Technologies, Inc. (Nasdaq: AKAM) (Akamai), the
$13bn market cap global leader in Content Delivery Network (CDN) services,
to jointly market and promote Akamai’s Predictive Video Over Cellular (“PVOC”) programme that will incorporate TV2U’s analytics technology.
1.6 cents Pfffffft
. not for long me thinks
Another thing is the release of the Ukrainian leases give me the confidence i need, this tell me the chances of GAL completing this acquisition is going to go ahead.
Future announcements on china and Akamai Technologies will see this stock go through through roof very excited!
(20min delay)