KKBOX Group Is Now KKCOMPANY
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
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