Youku reaches half billion visitors for first time, but share price tumbles on pessimism

Youku (NYSE:YOKU), which claims it’s still China’s top video streaming site despite growing competition from half a dozen rivals, reached 500 million monthly unique visitors for the first time, the company said today in its Q2 2014 earnings report. The half billion figure represents viewers across the Youku and Tudou sites across all screens, from desktop to mobile to smart TVs.

http://www.techinasia.com/youku-q2-2014-reaches-500-million-monthly-visitors/

Telstra buys Silicon Valley video streaming company Ooyala

Telstra will spend US$270 million (A$291 million) to boost its stake in Silicon Valley-based video streaming and analytics company Ooyala from 23 percent to 98 percent, following an incremental investment of US$61 million over the last two years. Telstra will incorporate Ooyala – which was founded in 2007 – into its global applications and platforms group, subject to customary closing conditions.

http://www.itnews.com.au/News/390926,telstra-buys-silicon-valley-video-streaming-company-ooyala.aspx

Telestream features Vantage HEVC, 4K, and Cloud at Broadcast Asia 2014

Telestream, a provider of digital media tools and workflow solutions, hasannounced that its software-based Vantage video transcoding and workflow automation products will be featured in Techtel booth 5J3-03 and Magna Systems & Engineering booth 5B2-02 at Broadcast Asia 2014 which takes place June 17th – 20th in Singapore. Telestream will demonstrate the latest file formats and technologies, including HEVC and 4K, transcoding and packaging for multiplatform distribution, and the ability to quickly respond to fluctuating needs in the cloud.

http://advanced-television.com/2014/05/12/telestream-features-vantage-hevc-4k-and-cloud-at-broadcast-asia-2014/