Beamr Imaging's Contract With JioHotstar For Content-Adaptive Bitrate Renewed

Beamr Imaging Ltd. +1.43%

Beamr Imaging Ltd.

BMR

1.42

+1.43%

Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology, today announced that JioHotstar has renewed its contract with the Company. JioHotstar is one of the world's largest streaming platforms. It has over 450 million paying subscribers and features more than 300 thousands hours of content, including premium offerings of live sports and extensive film libraries, with content from Walt Disney Studios, Pixar, Marvel Studios and Lucasfilm.

JioHotstar utilizes Beamr's patented Content-Adaptive Bitrate (CABR) technology to address the operational challenges of delivering video at scale across its content catalog. Beamr's technology enables 30%-50% reductions in storage and bandwidth costs while preserving quality.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.