IP Video transport company LTN Global has entered an agreement to acquire Make.TV.
Make.TV’s cloud-based services enable content creators to access, curate, and publish live video streams to affiliates, social media, and OTT platforms. The browser-based user interface makes it possible to deliver to pick up content from mobile devices, cameras, social media platforms, professional sources, and traditional broadcast infrastructure.
“Being part of LTN Global will significantly enhance the services we can provide to customers, who now can acquire, deliver, and curate content via the most advanced transport solution available,” said Andreas Jacobi, CEO and co-founder of Make.TV. “In uniting these technologies, we can bring customers the benefit of considerable efficiencies and value-added workflows, allowing them to rapidly create and deliver more content to more viewers.”
The combination of Make.TV and LTN services also enables customers to add transformation workflows such as closed captioning, transcoding, and graphics, as well as signaling and metadata for monetization and ad enablement, for both traditional broadcast and new digital platforms.
“The integration of Make.TV’s cloud-based services into our managed IP production and transmission workflows gives customers even greater control and agility in executing live video creation, distribution, and monetization,” said Malik Khan, co-founder and executive chairman at LTN Global.
Financial terms have not been released.