IStreamPlanet

Last updated
iStreamPlanet
Company type Subsidiary
Industry
Founded2000
FounderMio Babic
DefunctAugust 14, 2023;18 months ago (2023-08-14)
FateMajority stake acquired by Turner Broadcasting in 2015, and company shut down in 2023
Headquarters
Seattle, Washington
,
United States
Area served
United States
Products
  • Aventus Media Processing Suite
  • Orbis Direct-To-Consumer Platform
Services
Number of employees
150 (2019)
Parent Warner Bros. Discovery
Website istreamplanet.com

iStreamPlanet was a Seattle, Washington-based company that processes and delivers live video broadcasts over the internet. A majority stake of iStreamPlanet was acquired by Turner Broadcasting in 2015 and was lastly operated by Warner Bros. Discovery. [1] The company was founded in 2000 by former basketball player Mio Babic. [2]

Contents

iStreamPlanet streamed a number of major sporting events, including NCAA Division I men's basketball tournaments, [3] the Olympics, [4] the Super Bowl, the FIFA World Cup, and Formula One auto racing. [5]

iStreamPlanet was formally shutdown in 2023 with 25 employees laid off. [6] Months before this, external companies had been told that iStreamPlanet was changing models to no longer have external customers outside of Warner Bros. Discovery. [7]

Customers

While not all of iStreamPlanet's live video streaming customers were publicly known, some of their large customers are publicly acknowledged, including: [5]

References

  1. ↑ Ramachandran, Shalini (14 August 2015). "Time Warner's Turner Cable Unit Acquires Majority Stake In iStreamPlanet". The Wall Street Journal. Retrieved 14 August 2015.
  2. ↑ Smith, Gerry (17 May 2017). "How Time Warner Is Trying to Fend Off Netflix". Bloomberg. Bloomberg Technology. Retrieved 6 June 2017.
  3. 1 2 Costa, Brandon (20 March 2017). "March Madness Live Rides Success of New Streaming Infrastructure From iStreamPlanet". Sports Video Group. Retrieved 16 June 2017.
  4. 1 2 Rayburn, Dan. "How The Olympics Were Streamed Online: Q&A With Microsoft & iStreamPlanet". Streaming Media Blog. Streaming Media. Retrieved 16 June 2017.
  5. 1 2 "About iStreamPlanet". iStreamPlanet. Retrieved 14 January 2019.
  6. ↑ Rice, Lynette (14 August 2023). "Warner Bros. Discovery Shutters IStreamPlanet". DEADLINE. Retrieved 14 August 2023.
  7. ↑ "Spark to close sports streaming service in 2023". 16 December 2022.
  8. ↑ Impey, Steven (8 November 2018). "Spark names US stream team for new sports OTT platform". SportsPro.
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