Company:iStreamPlanet

From HandWiki

iStreamPlanet
TypeSubsidiary
Industry
  • Streaming Media
  • Video on Demand
FateMajority stake acquired by Turner Broadcasting in 2015, and company shut down in 2023
Founded2000
FounderMio Babic
Defunct2023 (2023)
Headquarters
Seattle, Washington
,
Area served
United States
Products
  • Aventus Media Processing Suite
  • Orbis Direct-To-Consumer Platform
Services
Number of employees
150 (2019)
ParentWarner Bros. Discovery
Websiteistreamplanet.com

iStreamPlanet was a Seattle, Washington-based company which processes and delivers live video broadcasts over the internet. A majority stake of iStreamPlanet was acquired by Turner Broadcasting in 2015 and was lastly operated by Warner Bros. Discovery.[1] The company was founded in 2000 by former basketball player Mio Babic.[2]

iStreamPlanet streamed a number of major sporting events, including NCAA Division I men's basketball tournaments,[3] the Olympics,[4] the Super Bowl, the FIFA World Cup, and Formula One auto racing.[5]

iStreamPlanet was formally shutdown in 2023 with 25 employees laid off.[6] Months before this, external companies had been told that iStreamPlanet was changing models to no longer have external customers outside of Warner Bros. Discovery.[7]

Customers

While not all of iStreamPlanet's live video streaming customers were publicly known, some of their large customers are publicly acknowledged, including:[5]

  • WarnerMedia (including streaming of March Madness[3] and B/R Live)
  • NBC Sports (including streaming of the 2010, 2012, 2014, 2016, 2018, 2020, and 2022 Olympics)[4]
  • Hulu
  • FuboTV
  • Spark Sport[8]

References

  1. Ramachandran, Shalini (14 August 2015). "Time Warner's Turner Cable Unit Acquires Majority Stake In iStreamPlanet". https://blogs.wsj.com/cmo/2015/08/14/time-warners-turner-cable-unit-acquires-majority-stake-in-istreamplanet/. 
  2. Smith, Gerry (17 May 2017). "How Time Warner Is Trying to Fend Off Netflix". Bloomberg (Bloomberg Technology). https://www.bloomberg.com/news/articles/2017-05-17/time-warner-s-6-foot-8-croatian-fights-netflix-s-albanian-army. 
  3. 3.0 3.1 Costa, Brandon (20 March 2017). "March Madness Live Rides Success of New Streaming Infrastructure From iStreamPlanet". http://www.sportsvideo.org/2017/03/20/march-madness-live-rides-success-of-new-streaming-infrastructure-from-istreamplanet/. 
  4. 4.0 4.1 Rayburn, Dan. "How The Olympics Were Streamed Online: Q&A With Microsoft & iStreamPlanet". Streaming Media. http://blog.streamingmedia.com/2014/03/olympics-streamed-online-qa-microsoft-istreamplanet.html. 
  5. 5.0 5.1 "About iStreamPlanet". https://istreamplanet.com/company/. 
  6. Rice, Lynette (14 August 2023). "Warner Bros. Discovery Shutters IStreamPlanet". https://deadline.com/2023/08/warner-bros-discovery-shuts-down-istreamplanet-1235519412/. 
  7. "Spark to close sports streaming service in 2023". 16 December 2022. https://www.sportspromedia.com/news/spark-sport-streaming-ott-service-closure-tvnz-rights-new-zealand/. 
  8. Impey, Steven (8 November 2018). "Spark names US stream team for new sports OTT platform". http://www.sportspromedia.com/news/spark-stream-new-sports-ott-platform. 

External links