Haivision Systems, developer of the Secure Reliable Transport (SRT) protocol for low latency streaming, has reached agreement to acquire Aviwest, a French specialist in live video contribution over bonded IP networks, for about €20 million.
Although latency and resource coordination continue to challenge those considering cloud-based remote live production, the distributed architecture model is steadily gaining traction as a cost-effective alternate to hardware-based on-premise projects. To date this IT-centric architecture has not been deployed for high-profile productions like the Super Bowl or World Cup, but remote IP-video contribution, production and distribution has allowed second-tier sporting events to be televised globally whereas they might not be - due to cost and fully remote access - using traditional production methods.
New, in-cloud, pay-per-use business models offer new advantages to occasional REMI, field reporting, remote event production and similar content producers and distributors with a better business model to remain competitive and profitable without huge ongoing capital investments.
In the wake of the pandemic, Telestream has used the restrictions imposed on virtually every equipment supplier over the past few months to innovate and focus on providing new features for its products that facilitate remote operation and automated quality control for enterprise-scale broadcast and media operations.