SOURCE: Thought Equity Motion, Inc.

Thought Equity Motion

September 15, 2010 11:30 ET

Thought Equity Motion Opens up Technology Platform to Offer Enterprise-Class Video Library Management as a Service

Integrated Technology and Rights Development Services Increase the Value of Video Content for Major Rights Holders Globally

DENVER, CO--(Marketwire - September 15, 2010) - Thought Equity Motion, Inc. today announced the extension of its Platform Services offering, the industry's leading enterprise-class digital video supply chain offered in a "software as a service" model. The company built this technology platform to support the licensing businesses of some of the world's largest media companies. Thought Equity Motion is now enabling sports, news, entertainment and corporate rights holders to leverage this toolset without extensive fixed cost investment, staffing, and integration efforts.

"We've been increasing the value of leading media collections since 2003 with our advanced technology and strategic approach to rights development," commented Thought Equity Motion's CEO and Founder Kevin Schaff. "Just as companies like Amazon opened up their own ecommerce and storage platform as an offering to third parties, Thought Equity Motion is enabling media rights holders to leverage the power of the technology we've invested in and developed at scale."

At IBC in Amsterdam last week, Thought Equity Motion announced that they are collaborating on a major preservation and digitization project for EYE Film Institute Netherland. Thought Equity is leveraging IBM'S Long Term File System (LTFS), which uses LTO-5 standard technology, and Thought Equity Motion's Platform Services."

Rights holders face increasing complexity in managing hybrid analog/digital production workflows and fragmented delivery channels. Thought Equity Motion's Platform Services provide a strategic foundation to connect master archives to a wide range of current and emerging multi-screen delivery models, including broadband, broadcast, and mobile, as well as supporting non-linear production, and file-based distribution. Key features include:

  • Enterprise-class, physically redundant storage at uncompressed master quality levels, including 2K and 4K.
  • Search and transcode engines to support access, preview, and on-demand delivery in any video format.
  • Multi-track "smart content" metadata services that support advanced access, targeting, and contextual delivery of content.
  • Robust APIs that provide access to virtually all platform functions, supporting the rapid development of web portals, any screen publishing, and syndication.
  • A Service-Oriented Architecture (SOA) that retains flexibility for customers and enables them to plug in the capabilities they need and easily manage required scale and integration levels. 

"We've built a comprehensive digital supply chain from the ground up and spent the last 7 years solving the industry's toughest problems around formats, storage, metadata, and delivery," said Thought Equity Motion's CTO Mark Lemmons. "We're already operating at scale, with over 10 petabytes of enterprise class storage today and a planned 100 petabyte global footprint by 2012. Our delivery output is over 500,000 transcode jobs per month, with more than 95 percent of fulfillment done online. With volumes and complexity growing rapidly, our technology helps rights holders add value to their content and make the economics of their archives work."

About Thought Equity Motion, Inc.:
Thought Equity Motion increases the value of video content rights through its advanced technology platform and rights development services. The company's integrated offering delivers large scale archive management as a cloud service in alignment with licensing strategy expertise to enable rights holders to generate new value from their content, providing greater control while reducing cost and complexity.

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®. The company's footage storefront and global sales force license news, sports, editorial, and creative content to the world's leading producers in advertising, film, television, publishing, and interactive media.

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 content 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 CONTACT:
    Abby Lurie
    Thought Equity Motion
    Email Contact
    1.720.382.2890