Ustream Named “Best Up & Coming Company”; Recognized for Leadership in Emerging Technology for Digital Entertainment and Media
LOS ALTOS, Calif., BUSINESS WIRE — Ustream.TV, the leading internet broadcasting platform, today announced that it has been chosen by AlwaysOn as one of the OnHollywood 100 Top Private Companies. As part of this year’s award, Ustream was named “Best Up & Coming Company,” recognizing the Internet broadcasting platform as an innovative, emerging company on the horizon. The OnHollywood 100 is a power list of the top private emerging technology companies in digital entertainment and media. Ustream was handpicked by the AlwaysOn editorial team based on a set of five criteria–innovation, market potential, customer adoption, media buzz and investor value creation.
Ustream, along with the rest of the OnHollywood 100 will be honored at the OnHollywood & BRiM event on June 10-11, 2008 at the Sofitel Hotel in West Hollywood, California. OnHollywood gathers executives from both the entertainment and the technology industries to identify and debate emerging trends in addition to building relationships and taking advantage of potential new business partnerships. The first annual Broadband Rights Marketplace (BRiM) will launch an online network that supports new creative projects and offers a digital-rights exchange and auction.
“This year’s OnHollywood 100 represents the brightest of the innovators in the new media space. We are enthusiastic about gathering the leaders in a collaborative environment that fuses these two industries together, culminating in the richest, most progressive conversations on Hollywood’s digital movement,” said Tony Perkins, founder and CEO of AlwaysOn.
The OnHollywood 100 was selected from 1000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts.
Ustream’s easy-to-use, reliable and scalable broadcasting platform has experienced remarkable adoption in the year since its launch. The open platform has already registered over 350,000 broadcasters, including Presidential candidates, Hollywood entertainers, and technology and business leaders broadcasting a wide range of interactive events. Successful partnerships with Bebo, Veoh, Digg, Meebo, Sun Microsystems and the Republican National Convention have both validated and expanded Ustream’s success in online broadcasting.
“Ustream is thrilled to have been awarded Best Up & Coming Company by OnHollywood. Receiving this distinction truly validates our efforts in creating the most dynamic live broadcasting platform on the Web. We will continue to deliver new features and capabilities that provide our millions of users with compelling tools and content that make Ustream.TV the platform of choice for live video,” said Brad Hunstable, founder of Ustream.TV.
A full list of all the OnHollywood 100 companies can be found on the AlwaysOn Web site at: http://onhollywood.goingon.com/
About OnHollywood 2008
June 10-12 @ The Sofitel Hotel, West Hollywood, California
OnHollywood is where cutting-edge technology CEOs from the back streets of Silicon Valley meet the Hollywood digital entertainment and media elite. This two-and-a-half-day executive event features high-level debates on which forces are disrupting user behavior and creating new opportunities, content strategies and monetization schemes in the video, music, gaming, search, and mobile industries. Our editors will also honor the OnHollywood 100 Top Private Companies and feature the Best of Broadband “BOB” Awards. Fifty of the top CEOs from the OnHollywood 100 will pitch their market strategies to a panel of industry experts in our “CEO Showcase.”
Ustream is the leading internet broadcasting platform. Ustream’s proprietary technology powers an easy-to-use, web-based interface, allowing anyone with a camera, computer and Internet connection to broadcast live to the world. Integrated with a host of interactive tools including chatrooms, co-host, and shout meter, Ustream’s platform delivers real-time, social experiences on the web. Since its beta launch in March 2007, Ustream has grown to 260,000 registered users broadcasting 8,000 – 10,000 live shows a day. Ustream.TV is headquartered in Los Altos, California, and is privately held. For more information, please visit: www.ustream.tv.
ALWAYSON ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, ALWAYSON continued to lead the media industry in innovation by introducing a social network where members can connect and engage. ALWAYSON is also revolutionizing the media business by applying its open-media principles to its executive event series (STANFORD SUMMIT, ALWAYSON HOLLYWOOD, ALWAYSON MEDIA and GOINGGREEN) and quarterly print “blogozine” by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, ALWAYSON is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.
For Ustream.TV Eastwick Communications Lyda Velez,
650-480-4074 firstname.lastname@example.org or For OnHollywood Terpin Communications Elina Heng,
310-821-6100 x108 email@example.com
Copyright Business Wire 2008. All Rights Reserved