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
DefunctAugust 14, 2023; 2 years ago (2023-08-14)
Headquarters
Las Vegas, Nevada
,
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 Las Vegas, Nevada-based company that processed and delivered 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]. Portions of iStreamPlanet's technology platform, as well as its engineering and operations teams, were incorporated into the Warner Bros. Discovery engineering organization focused on HBO Max.

Customers

While not all of iStreamPlanet's live video streaming customers were publicly known, some of their large customers were 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. 

Template:Warner Bros. Discovery