SOURCE: Thought Equity Motion, Inc.

Thought Equity Motion, Inc.

April 05, 2011 06:03 ET

Discovery Communications Utilizes Thought Equity Motion's Platform to Power Its New Digital Footage Business

DENVER, CO--(Marketwire - April 5, 2011) - Thought Equity Motion, Inc. -- a leading provider of video platform and footage licensing services -- announced today that it is working with Discovery Communications to unlock the value of its video archive by providing digitization, delivery, and "smart content" metadata services for its new footage licensing business, Discovery Access. Thought Equity Motion's T3 Platform technology is powering the recently launched site, DiscoveryAccess.com -- the digital footage library for Discovery Communications' 28 global entertainment networks and multi-platform media brands.

"This platform allows us to accelerate our footage business and make our world-class archive available for instant search, preview and download on DiscoveryAccess.com," said Peter McKelvy, Senior Vice President of Discovery Access. "Thought Equity Motion's fast content ingest and metatdata tagging capabilities allow new footage to be added to Discovery Access daily, supporting a valuable creative resource for the production community."

"We're excited to leverage our platform to unlock new value from Discovery's archive," said Kevin Schaff, CEO & Founder of Thought Equity Motion. "With our cloud-based storage, Discovery's teams around the globe can manage content within Discovery Access from any web browser. Our platform has enabled the company to efficiently digitize, store and manage its acclaimed archive and rapidly generate new revenue streams through an integrated content licensing portal."

To learn more about Discovery Access, visit www.discoveryaccess.com. To learn more about Thought Equity Motion's Platform Services, visit platform.thoughtequity.com.

About Discovery Access:
Discovery Access is the digital footage library and archive for Discovery Communications 28 global entertainment networks and multiplatform media brands including Discovery Channel, TLC and Animal Planet. Discovery Access is home to decades worth of the worlds most captivating and diverse digital content from around the globe. For more information, please visit www.DiscoveryAccess.com.

About Discovery Communications:
Discovery Communications (NASDAQ: DISCA) (NASDAQ: DISCB) (NASDAQ: DISCK) is the world's number one nonfiction media company reaching more than 1.5 billion cumulative subscribers in over 180 countries. Discovery empowers people to explore their world and satisfy their curiosity through 100-plus worldwide networks, led by Discovery Channel, TLC, Animal Planet, Science Channel, Investigation Discovery, Planet Green and HD Theater, as well as leading consumer and educational products and services, and a diversified portfolio of digital media services including HowStuffWorks.com. For more information, please visit www.discoverycommunications.com.

About Thought Equity Motion, Inc.:
Thought Equity Motion increases the value of video content through its advanced technology platform and licensing services. The company delivers large scale archive management and "smart content" metadata tools as a cloud service, providing greater control with reduced cost and complexity. Thought Equity Motion also offers rights development expertise, enabling media rights holders to generate new value from their content.

Through its Web platform and global sales force, the company licenses sports, news, entertainment, editorial, and creative content to the world's leading producers in advertising, film, television, publishing, and interactive media.

Thought Equity Motion works with more than 400 rights holders globally, including BBC Motion Gallery, Paramount Pictures, Sony Pictures Entertainment, National Geographic, The New York Times, and the NCAA®.

Headquartered in Denver, Thought Equity Motion has a digital refinery in Laramie, Wyo. and offices in Los Angeles, New York, Chicago, Tokyo, Sydney, Toronto, London, and sales partner offices in Paris and Mumbai.

Connect with Thought Equity Motion on Twitter, YouTube, LinkedIn and Facebook.

For more information on Thought Equity Motion's Platform Services for media rights holders, call 310.593.4655 or visit http://platform.thoughtequity.com. For more information on footage licensing, call +1 720.382.2869 or visit, www.thoughtequity.com.

Contact Information

  • MEDIA CONTACTS:
    Abby Lurie
    Thought Equity Motion
    Email Contact
    720.382.2890

    Chris Finnegan
    Discovery Access
    Email Contact
    240.662.7589