LUXEMBOURG & AMSTERDAM - Friday, September 11th 2015 [ME NewsWire]
(BUSINESS WIRE)-- SES S.A. (NYSE Paris:SESG) (LuxX:SESG) and Eutelsat Communications (NYSE Euronext Paris: ETL), the two leading satellite companies in the global video distribution market, today announce a new, industry-wide initiative to develop and promote next-generation video technologies, standards and formats, focusing initially on the reception of satellite services on any screen and on converged broadcast-broadband technologies.
Called the Future Video Initiative, this new project will assemble representative companies in the converged video value chain to ensure that users everywhere will be able to benefit from a consistent, high quality, state-of-the-art video experience anywhere, anytime and on any device.
The Initiative was unveiled at the International Broadcasting Convention (IBC), one of the largest broadcast technology conventions, held annually in Amsterdam.
Experience and feedback on services currently delivering content anywhere, anytime, on any device highlight the challenges of ensuring in parallel high user satisfaction and the largest technical reach. Users want consistent media quality across multiple devices; content distributors have to cope with an ever-increasing growth of media traffic on their networks and therefore want to optimise their investments through maximum audience reach at the most competitive distribution cost.
The Future Video Initiative will seek to support existing initiatives, alliances, associations, roadmaps and technical standardisation bodies. Its initial scope of work will focus on promoting integrated hybrid broadcast-broadband solutions that increase the reach of HD and Ultra HD with the highest quality, while optimising network costs and meeting the promise of interactive services. It will also facilitate the reception of satellite services on any screen, at home and in public places.
“Through this initiative, we want to send a clear signal to the industry and public that we need to drive digitalisation and the evolution of our broadcast-broadband ecosystems,” said Karim Michel Sabbagh and Michel de Rosen, CEOs of SES and Eutelsat Communications, respectively. “The Future Video Initiative is open to all stakeholders and is a catalyst for digital development. The start of this initiative is underpinned by the commitment of two leading satellite operators to bring the best of their infrastructures to support the innovations, roadmaps, standardisations and frameworks necessary to respond to the future needs of consumers and deliver on time on the inclusive promise of a top-quality media experience for the broadest range of users.”
Additional information on the Future Video Initiative and how to join will be shortly available.
Where to meet SES at IBC:
Hall 1, stand 1.B51
SES (NYSE Paris:SESG) (LuxX:SESG) is the world-leading satellite operator with a fleet of more than 50 geostationary satellites. The company provides satellite communications services to broadcasters, content and internet service providers, mobile and fixed network operators and business and governmental organisations worldwide. SES stands for long-lasting business relationships, high-quality service and excellence in the satellite industry. The culturally diverse regional teams of SES are located around the globe and work closely with customers to meet their specific satellite bandwidth and service requirements. SES holds a participation in O3b Networks, a next generation satellite network combining the reach of satellite with the speed of fibre. For more: www.ses.com.
About Eutelsat Communications
Established in 1977, Eutelsat Communications (Euronext Paris: ETL, ISIN code: FR0010221234) is one of the world's leading and most experienced operators of communications satellites. The company provides capacity on 37 satellites to clients that include broadcasters and broadcasting associations, pay-TV operators, video, data and Internet service providers, enterprises and government agencies. Eutelsat’s satellites provide ubiquitous coverage of Europe, the Middle East, Africa, Asia-Pacific and the Americas, enabling video, data, broadband and government communications to be established irrespective of a user’s location. Headquartered in Paris, with offices and teleports around the globe, Eutelsat represents a workforce of 1,000 men and women from 37 countries who are experts in their fields and work with clients to deliver the highest quality of service.
For more about Eutelsat please visit www.eutelsat.com
Tel. +352 710 725 500
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