Erik Gruenwedel
July 26, 2023
Cineverse July 26 announced the release of Matchpoint AI, an artificial intelligence-based platform for third-party video content producers, streaming platforms and OEMs.
The global AI media and entertainment market size is expected to reach nearly $100 billion in value by 2030, according to a new report by Grand View Research. The market is projected to grow to at 26.9% annually.
Using proprietary and pre-integrated third-party tools, Matchpoint AI aims to eliminate the cost surrounding manual work preparing film and television assets for global distribution.
With more than 4,500 streaming services across 180 countries, companies face unprecedented issues in scale processing of even modest-sized content libraries, according to Cineverse.
“Matchpoint AI is a watershed moment in the video streaming industry, offering a plethora of unmatched AI capabilities under one roof,” said Dr. Sudeept Bhatnagar, head of R&D at Cineverse, in a statement.
“Matchpoint AI represents a monumental leap forward in the streaming industry, delivering unrivaled scalability and robustness,” said Marcus Bergström, CEO of Vionlabs, an AI partner with Cineverse, in a statement.
Related Posts
-
Verizon Melding Go90 Streaming Video Service Into Oath Platform
Verizon’s struggling mobile streaming video service, Go90, is being folded into the telecom’s Oath platform, which includes AOL, HuffPost, Engadget, TechCrunch, Tumblr and Yahoo, Tim Armstrong, CEO of Oath, told a technology group. Speaking Feb. 13 at Recode’s Code Media…
-
WWE Inks Partnership With Twitch Streaming Video Platform
World Wrestling Entertainment (WWE) June 5 announced a multiyear partnership with Amazon-owned streaming video platform Twitch that will see the return of the official WWE channel and WWE Superstar channels, featuring live and exclusive content. In addition to the launch…
-
Crackle Joins Plex Streaming Video Platform
Crackle, the ad-supported joint venture between Sony Pictures Television and Chicken Soup for the Soul Entertainment, has joined Plex, a global streaming media platform. Plex users will now have access to Crackle’s original content, including the recently released “On Point,”…
-
Cinedigm Selects Finland AI Company for Cineverse Streaming Platform
Cinedigm March 30 announced an agreement with Finland-based Valossa Labs OY as its video artificial intelligence (AI) technology partner and vendor for its flagship streaming service Cineverse. This pact aims to enhances the user experience for Cineverse by utilizing Valossa’s human-level…
