In an interview on Bloomberg Business’ “Market Makers,” Ustream CEO Brad Hunstable shared some thoughts on Verizon’s $4.4 billion acquisition of AOL and the deal’s implications for the streaming video industry. (Watch the video here.)
“AOL is in a more stable position than it may have been previously,” Hunstable said. “They’ve been deliberately going into mobile, they’ve been deliberately going into video, and for companies like us, who partner with AOL, it’s a good thing.”
When asked about where the opportunities lie in the streaming video industry, Hunstable added, “For us, it’s really the enterprise space. We’re really focused on the business market, the B2B market. That’s where our growth is — companies like Salesforce, Cisco, Facebook, these are our customers. We’re helping businesses use video to connect in more engaging ways.”
Watch the full interview
Recently HuffPost Live host Caroline Modarressy-Tehrani sat down with Ustream CEO Brad Hunstable to discuss his take on issues such as the growing buzz around mobile streaming apps and the rise of citizen journalism. (Watch the video here; the interview begins just after the 21-minute mark.)
On the latest mobile streaming apps
Hunstable sees the popularity of new mobile streaming apps as a testament to the growing significance of video and the power it places in the hands of mobile users. “It’s another data point for how hot video is,” he remarked. “If you think about it right now, everyone’s carrying around a satellite truck in their pocket.”
On the responsibilities of citizen journalists
“One of the things that video brings — particularly live video — is some element of transparency,” Hunstable told Modarressy, “but it needs balance. It needs context.”
Recalling Ustream’s role in bringing global attention to uprisings in Russia and the Ukraine in recent years, he noted that “getting that unfiltered, that real-time access to what is happening is not a bad thing.” At the same time, “you need to get all the other facts that are associated with [the issue].”
On Ustream’s biggest moment so far
When Modarressy asked Hunstable what was, in his opinion, the most powerful use of Ustream to date, the self-proclaimed “space junkie” cited the Mars rover landing. “To be able to watch that moment and experience it — there were millions and millions of people watching it,” he said. “To experience this collective consciousness of people watching us visiting another planet was absolutely exciting and powerful.”
Watch the full interview here.
In the last few months we’ve seen ample buzz about streaming video … but is all the hype warranted? Not really, according to a recent AdWeek article.
Writer Kimberlee Morrison noted that Ustream has been providing streaming video since 2007 and has now evolved past the consumer phase to focus on the needs of enterprises. Ustream CEO Brad Hunstable commented that the recent buzz over new apps simply highlights the growing popularity of online video. “In a lot of ways,” he told Morrison, “the Internet is becoming video.”
Hunstable also commented that, while newer apps offer integration with social platforms, they lack the analytics that companies need to attain real business goals. “Ustream,” on the other hand, “is building capabilities for brands to be media companies in their own right.”
Read the full article here.