PR93265

TAIPEI, Dec. 1, 2021 /PRNewswire=KYODO JBN/ --

- Asia's leading media technology company sets eyes on growing global creator

economy

KKBOX Group, Asia's leading media technology group, announced that the company

has changed its name to "KKCompany." KKCompany has expanded its business

internationally through five major business lines: audio streaming platform

KKBOX, OTT service KKTV, streaming solutions provider KKStream, live

entertainment company KKLIVE and content accelerator KKFARM. The company's

mission is to build "Freeways to Inspiration" that enable content creators from

different industries to embrace new technology and digital transform their

businesses.

"Over the past five years, we have diversified our product portfolio and began

aggressively expanding globally. We have gone from perfecting music streaming

to innovating live entertainment, making strategic IP investment and providing

others with advanced streaming solutions and infrastructure," said Chris Lin,

Group CEO of KKCompany. "Our overseas business accounts for 40% of our revenue

today."

The global pandemic has undoubtedly changed the nature in which we experience

events. In response to the growing demand for online events and experiences,

KKStream worked with KKLIVE to build Taiwan's first one-stop online live event

streaming platform "KKTIX Live" through its live video streaming product

BlendVision Moment. The service is available for music performances, forums,

fitness courses, symposiums and online classes.

BlendVision Moment, which supports low latency 4K streaming, multi-angle video

and interactive features, allows audiences all over the world to enjoy and

participate in interactive livestream based events. KKStream's BlendVision

product line also includes BlendVision KALEIDO, a one-stop OTT technology

service and BlendVision LOOM, a game changing AI-powered video encoding

solution. All BlendVision products are equipped with complete DRM protection to

help content owners tackle copyright infringement challenges. KKStream's

clients include Japanese telecom giant KDDI, Global electronics manufacturer

Foxconn Technology Group and Chunghwa Telecom, Taiwan's largest telecom

operator.

The Asia-Pacific OTT media streaming market is growing fast. According to

Statista, it is expected to become a US$88.3 billion market by 2025. KKStream

will continue to expand its business globally through BlendVision as well as

its enterprise service and accelerate the growth of the KKCompany's revenue

outside Taiwan.

About KKCompany

KKCompany is Asia's leading media technology group headquartered in Taipei,

Taiwan. The company's mission is to make transformational technology

accessible, affordable and enjoyable to the burgeoning global creator economy.

Its shareholders include KDDI, GIC and HTC. (www.kkcompany.com)

SOURCE: KKCompany

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   Link: http://asianetnews.net/view-attachment?attach-id=408701

   Caption: Chris Lin, Group CEO of KKCompany