ZONZIA MEDIA, Inc. (OTCQB: ZONX), a new Over the Top (OTT) streaming media company, today announced that it has chosen Kaltura’s next-generation, end-to-end pay OTT TV solution to power its new VOD services.
Kaltura OTT TV is the most advanced and comprehensive pay OTT solution on the market today. It includes advanced monetization, social and personalization features; innovative tools for improving user acquisition and retention; and multi-screen, multi-device support.
With Kaltura OTT TV’s monetization tools, Zonzia will be able to simultaneously deploy its unique mixture of business models providing for maximum flexibility. These tools will support server-side and native ad insertion technology for VOD and live content, in-app purchases, a range of payment options and discounts for introducing friends. Kaltura’s DRM support will provide full content protection, while Kaltura’s monetization tools will be customized to Zonzia’s unique content distribution model and will be designed to deliver a seamless experience to Zonzia’s consumers across all devices.
By allowing each viewer in the household to set up an individual profile, Kaltura OTT TV will deliver each viewer a personalized experience, which will increase Zonzia’s subscriber engagement. This will give Zonzia tremendous insight and understanding of their subscribers’ unique behavior allowing Zonzia to continually strengthen loyalty and maximize revenues.
“Launching our OTT TV service is the natural next step for our unique multifaceted digital strategy,” said Johnathan Adair, COO at Zonzia Media. “When looking at the options of build versus buy, and the range of providers in the market, Kaltura was the clear choice due to its broad feature set, fast time to market, and deep expertise.”
Kaltura OTT TV will provide a consistent cross-device experience which will allow Zonzia’s users to take their favorite Zonzia content wherever they go and intuitively interact between screens with TV control, content “swooshing” from one device to another, and synched second-screen metadata. The household “parent” account can decide which members of the household can access content on specific devices and can set VOD budgets per user.
Kaltura OTT TV will give Zonzia the ability to significantly boost viewer engagement, widely attract new subscribers and successfully monetize content across multiple devices.
“New OTT services are being introduced to consumers at an increasingly rapid pace, and content owners, digital publishers, operators and media companies need to jump on the OTT bandwagon quickly, to ensure they are meeting the expectations of today’s viewers who want live and on-demand content at any given moment, on every device,” said Ron Yekutiel, Kaltura Chairman, Co-founder and CEO. “Zonzia Media is a great example of a next generation media company, and we are delighted to be working together.”
Kaltura’s mission is to power any video experience. A recognized leader in the OTT TV (Over the Top TV), OVP (Online Video Platform), EdVP (Education Video Platform) and EVP (Enterprise Video Platform) markets, Kaltura has emerged as the fastest growing video platform, and as the one with the widest use-case and appeal. Kaltura is deployed globally in thousands of enterprises, media companies, service providers and educational institutions and engages hundreds of millions of viewers at home, in work, and at school. The company is committed to its core values of openness, flexibility, and collaboration, and is the initiator and backer of the world’s leading open-source video-management project, which is home to more than 100,000 community members. For more information visit www.kaltura.com, www.kaltura.org, or www.html5video.org.
About Zonzia Media
ZONZIA MEDIA, Inc. (ZONX) is an Over the Top (OTT) streaming media company that delivers entertainment content to consumers. Zonzia plans to distribute original programming, TV series, movies, independent films, documentaries, and live events through its subscription Video on Demand (SVOD) hybrid channel which will be accessible over most connected devices. Zonzia has secured VOD carriage across Comcast, Dish Network and Verizon FiOS currently reaching approximately 27.5 million homes. The Zonzia channel is also available in hotel rooms across the U.S. For more information, please visit www.zonziamedia.com.
This press release contains forward-looking statements, including, but not limited to statements regarding Zonzia Media Inc. and its strategies, plans, programming and other products, content and revenue. Forward-looking statements may be identified by the use of the words “anticipates,” “expects,” “plans,” “will,” “believes,” “estimates,” and similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Zonzia’s filings with the Securities and Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Zonzia Media Inc. undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.
SOURCE: ZONZIA MEDIA, Inc.