Published:
CBS' Live Streaming of NCAA(R) March Madness(R) Called "Watershed Event" by Network Foundation Technologies President
NFT's Revolutionary Live Internet Broadcasting Platform Prepared to Slam-Dunk Capacity Limitations of Traditional Streaming Technologies
Network Foundation Technologies, LLC (NFT),
a leading developer of Internet streaming technologies, applauds CBS Sports
for offering live streaming coverage of NCAA® March Madness® for the
first time. While NFT sees the CBS achievement as significant, choosing
the new, distributed computing model for live Internet broadcasting would
remove viewer limitations, reduce streaming costs by 50 percent to 90
percent, and enhance profits for content providers.
"Thanks to CBS streaming NCAA basketball, sports fans, advertisers and
content providers worldwide now have rock-solid proof of the huge consumer
demand for live streaming to the PC," said NFT President and Co-founder
Marcus Morton. "Even though it's a watershed event for our industry, CBS
still experienced the economic and technical limitations of old-school
streaming. NFT's distributed computing system would allow every college
basketball fan to watch a basketball game simultaneously, while the CBS
model caps viewership around 250,000 -- and neither fans nor advertisers
want such limitations."
According to Dr. Mike O'Neal, Founder and Chief Scientist of NFT: "With
cable and broadcast television, costs are relatively fixed. So adding more
viewers does not increase a broadcaster's costs. With traditional online
broadcasting, however, a separate copy of the program content must be
streamed to each individual viewer. So, a quarter million viewers means
the broadcaster must supply a quarter million separate copies of the video
stream. NFT breaks this cost bottleneck by distributing the cost of
delivering a broadcast among the individuals interested in watching that
broadcast."
"The beauty of this approach is that NFT broadcasts can be free to
end-users, as they are already paying for the bandwidth in their monthly
Internet bills, making ad-supported broadcasting profitable in the online
as well as the cable and TV broadcast worlds," added Morton.
"NFT customers have experienced these dramatic cost reductions, and the
lower cost structure works whether you are a billion-dollar media
conglomerate or the kid down the street with the idea for the next
'American Idol,'" said Morton. "NFT gives viewers a live, TV-like
experience while creating a financially attractive advertising revenue
model for content providers. NFT not only makes 'live' streaming over the
Internet in a 24/7, TV-style format possible, but we also make it more
profitable than most people can imagine."
In addition to being part of the exploding trend of digitally distributing
entertainment directly to consumers via broadband Internet connections, NFT
supports anti-piracy initiatives because its unique delivery method
prevents viewers from saving the video content to their computer's hard
drive. NFT's significant advantages include its proprietary distributed
computing technologies and the ability to stream live events, such as
concerts, sports and breaking-news broadcasts, along with pre-recorded
video files. With NFT, content owners can truly, for the very first time,
have their own Internet "channel." The NFT platform creates an unlimited
number of channels, whereas today, channel options are restricted to those
offered by network TV, cable and satellite.
About Network Foundation Technologies, LLC
Network Foundation Technologies, LLC, is a privately held company focused
on developing technologies that provide the foundation for Internet-based
broadcast networks. NFT was formed in 2001 by Marcus Morton and Dr. Mike
O'Neal. The company's NFT-TV player and server combine to create an
innovative distributed online broadcast solution that enables large-scale
broadcasting of live and pre-recorded audio/video content at a low cost.
Please visit www.nft-tv.com for more information.
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