Level 3 Selected for Expertise in Delivering Over-the-Top Broadcast-Quality Streaming
BROOMFIELD, Colo.--(BUSINESS WIRE)-- Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that it has been selected to provide content delivery network (CDN) services to support live, 24/7 streaming of WealthTV's lifestyle channel content over the Internet to Roku's Web-enabled television set-top boxes nationwide, allowing the entertainment network to expand its audience reach and monetize its content in new ways.
"When we looked at our options for live, broadcast-quality content delivery, Level 3's depth of experience and technical expertise in delivering high-quality, 24/7 content over the Internet were major differentiating factors," said Charles Herring, president of WealthTV. "Level 3 ramped up our streaming quickly and efficiently, allowing us to better reach viewers when, where and how they choose."
WealthTV's programming lineup is designed to deliver the ultimate vicarious-living experience, featuring world travel, luxury cars, culinary delights, top fashion, international news, movies and more. Level 3 is supporting delivery of this content from encoded signal acquisition and caching to delivery to the consumer. Leveraging its suite of CDN services, Level 3 is delivering WealthTV's content to Roku users in high-definition using HTTP adaptive bit rate streaming. WealthTV is also using Level 3's token authentication and geo-intelligence to ensure the protection of content rights holders and delivery to authorized regions.
By working with Level 3 to stream its content to connected devices, WealthTV is able to expand its audience by offering a viable alternative to consumers otherwise unable to receive WealthTV via their cable provider. Roku reported in January that it had sold more than one million boxes and offered 135 channels of streaming content as of December 2010. WealthTV's channel is now available in the Roku Channel Store.
"Level 3 works with some of the largest media and entertainment customers in the world to deliver live and on-demand events using our CDN service offering," said Mark Taylor, vice president of Content and Media at Level 3. "As traditional cable networks and content owners like WealthTV look to expand their reach and take a more active role in where and how their content is viewed and monetized, Level 3 is well-equipped to meet all their content delivery needs, from content capture to consumption."
For more information on Level 3's CDN capabilities, please visit www.level3.com/index.cfm?pageID=602.
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications and the Level 3 Communications Logo are either registered service marks or service marks of Level 3 Communications, LLC and/or one of its Affiliates in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service names, product names, company names or logos included herein are the trademarks or service marks of their respective owners.
Some of the statements made in this press release are forward looking in nature. These statements are based on management's current expectations or beliefs. These forward looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the current uncertainty in the global financial markets and the global economy; disruptions in the financial markets that could affect Level 3's ability to obtain additional financing; as well as the company's ability to: increase and maintain the volume of traffic on the network; successfully integrate acquisitions; develop effective business support systems; defend intellectual property and proprietary rights; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that lead to further competition; attract and retain qualified management and other personnel; and meet all of the terms and conditions of debt obligations. Additional information concerning these and other important factors can be found within Level 3's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
Source: Level 3 Communications