RE:Pending news to look forward to for 2015
TransGaming to add GameTree to ActiveVideo's CloudTV
2014-12-09 09:09 ET - News Release
Mr. Vikas Gupta reports
TRANSGAMING'S GAMETREE TV NOW AVAILABLE TO PAY-TV OPERATORS WORLDWIDE IN NEW PARTNERSHIP WITH ACTIVEVIDEO
TransGaming Inc. has made its on-demand gaming platform GameTree TV available to pay TV operators worldwide. In partnership with ActiveVideo, GameTree TV will be added to ActiveVideo's CloudTV software platform, seamlessly integrating premium gaming titles into pay TV operator's content offerings.
TransGaming's GameTree TV games service complements operators' current entertainment portfolios and allows them to provide greater value while also creating new revenue-generating opportunities. Leveraging ActiveVideo's long-time leadership in the delivery of cloud gaming to pay TV operators obtained through set-top box virtualization, TransGaming can accelerate its market opportunity by delivering HTML5 games to any set-top box or connected device. ActiveVideo's CloudTV platform has delivered over half a billion game sessions through a legacy platform, with engagement times typically reaching up to 30 minutes per session.
"This strategic partnership with ActiveVideo is an important milestone in the broad-scale delivery of video games through TransGaming's GameTree TV platform since it immediately brings us many major operator opportunities," said Vikas Gupta, chief executive officer and president, TransGaming. "We've already successfully integrated GameTree TV with CloudTV, which means operators can easily activate our gaming service. This allows all parties to begin generating new revenue opportunities quickly and easily."
"With rapid evolutions in device ecosystems, fragmentation in new or existing set-tops has historically prevented pay TV operators from monetizing gaming opportunities at scale," said Murali Nemani, chief marketing officer, ActiveVideo. "CloudTV introduces a new paradigm that unlocks the global potential of rich HTML5 casual gaming libraries on any STB or connected device, regardless of local device resources."
Operator deployments are expected to commence in early 2015 and continue throughout the year, with existing ActiveVideo customers representing more than 15 million set-top boxes and connected devices. The revenue model will range from subscription to original-equipment-manufacturer-based fees.