The NewsMarket
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| Type | Private |
|---|---|
| Founded | New York, New York, United States (2000) |
| Headquarters | New York, United States |
| Number of locations | New York, United States San Francisco, United States Ahmedabad, India Mumbai, India London, United Kingdom Munich, Germany Beijing, China |
| Key people | Jim Lonergan, President & CEO Nick Abramovich, CFO / COO Shoba Purushothaman, Chairman and Co-Founder |
| Website | www.thenewsmarket.com |
The NewsMarket is a global online video platform. Co-founded by Chairman Shoba Purushothaman[1] and Anthony Hayward in New York City in 2000, The NewsMarket is used by its customers to communicate to the TV and online media and bloggers and directly to consumers through video.
The company combines a video distribution platform and an embeddable, web-based streaming video player[2] to support the marketing efforts of leading global brands,[opinion needs balancing] governments and non-governmental organizations including Google[3], NATO, Panasonic, UNICEF, adidas[4], Intel, [5] IBM[6], Rolls-Royce[7], and Roche[8].
The NewsMarket site is used by more than 25,000 media outlets in over 190 countries[9] to access, preview and order free broadcast-quality video and other multimedia content for use in their programming.
The company’s investors include Apax Partners,[10] Battery Ventures, Hearst Interactive Media,[11] and Softbank Capital.[12] The NewsMarket has offices in Ahmedabad, Beijing, London, New York, Mumbai and San Francisco.[13]
Since 2002, The NewsMarket has utilized Qwest for its hosting space.[14]
[edit] Recent news
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This section may be slanted towards recent events. Please try to keep recent events in historical perspective. (October 2009) |
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In June 2008, The NewsMarket teamed with Akamai to content to the media ahead of the Beijing Olympics.[15]
In December 2008, The NewsMarket introduced it's online auto show product. The service enables car companies to conduct live press conferences and unveil their cars to the world's consumers, media and blogs online.[16]
In March 2009, Jim Lonergan was appointed President and CEO[17] and they partnered with Stream57 to broadcast all press conferences and unveilings at the Geneva Motor Show live and available for on-demand viewing.[9] They also launched a custom video production platform for PR and marketing professionals with StudioNow.[18]
In July 2009, The NewsMarket announced that it would acquire Medialink Worldwide. The deal was completed in September 2009.[19] This combines The NewsMarket’s digital video distribution platform with Medialink’s professional services and production capabilities to create a complete video solution.[20][21]
[edit] External links
- The NewsMarket — company site
[edit] References
- ^ Shoba Purushothaman, president, CEO and co-founder, The NewsMarket - September 13, 2008 - PRWeek
- ^ The NewsMarket Debuts New Online Video Platform Allowing Companies to Deliver Video to All Audiences Online - October 8, 2007 - Bulldog Reporter
- ^ Google's Multimedia Press Room - Powered by The NewsMarket
- ^ adidas' BroadcastRoom - Powered by The NewsMarket
- ^ Intel's Media Center
- ^ IBM Video Player - Powered by The NewsMarket
- ^ Rolls-Royce Multimedia Press Room - Powered by The NewsMarket
- ^ Roche Broadcast Room - Powered by The NewsMarket
- ^ a b In a First, Geneva Motor Show to Be Broadcast Live and Available On-Demand - 2009 - euroinvestor.co.uk
- ^ The NewsMarket Raises Capital From Apax Partners and the Hearst Corporation - April 24, 2004 - Allbusiness.com
- ^ Hearst is Transforming Online Video and Itself with Smart Investing in MobiTV, Slingbox, Brightcove and the NewsMarket- March 29, 2007 - beet.tv
- ^ [1] - softbank.com tech portfolio
- ^ The NewsMarket, About Us
- ^ Qwest and The NewsMarket Strengthen Ties
- ^ The NewsMarket parterned with Akamai to Accelerate Dynamic Content and Applications to Global Media Ahead of Beijing Olympics. - June 09, 2008 - Akamai Technologies
- ^ As Automakers Cut Back, First-Ever Virtual Auto Show Service Launches.
- ^ The NewsMarket appoints new CEO - March 23, 2009, PR Week
- ^ StudioNow and The NewsMarket Launch Custom Video Production Platform for PR and Marketing Pros: Web-Based Platform Makes High-Quality Video Content Easy and Affordable to Produce, Edit, Distribute and Syndicate. - 2009 MSNBC
- ^ The NewsMarket Closes Medialink Acquisition - 2009]
- ^ Video Distributor TheNewsMarket To Acquire Medialink - 2009 paidContent.org
- ^ UPDATED: The NewsMarket to acquire Medialink - 2009 PR Week
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