Business
Modern Cinema Announces tts Content Distribution Network Linked to its New Media Exchange
Modern Cinema Announces tts Content Distribution Network Linked to its New Media Exchange.
About this update from Modern Cinema Group, Inc.
[{"type":"text","content":"\n\n Beverly Hills, California , Dec. 20, 2017 (GLOBE NEWSWIRE) -- Modern Cinema Group, Inc. (OTCPK: MOCI) is proud to announce the completion of its Content Distribution Network specifically designed to interface to its new Media Exchange that was launched in November of this year.  Modern Cinema Group is now preparing to launch its Enhanced Content Distribution Network (E-CDN) in Southeast Asia where selected mobile carriers are waiting for installation.\n Modern Cinema Group by way of its subsidiary company Channel Islands Systems has now completed its fully featured Enhanced Content Distribution Network (E-CDN) that allows new entrants into the world of video delivery to connect directly to its novel Media Exchange.  It’s referred to as an Enhanced CDN as the network provides more features and functionality than traditional content distribution networks.  Although this E-CDN will work on virtually any network capable of video delivery, it’s specifically designed for international mobile carriers that want to be more involved in monetizing the astronomical number of videos that are distributed over mobile networks each day. It’s common knowledge that people around the world are watching videos at an unprecedented rate.  In fact, most of the data consumed by mobile subscribers today is attributed to video.  In addition, video is expected to increase 700% between 2017 and 2021.  But rather than allow services such as Netflix, Amazon, YouTube and others to take the bulk of the revenues, mobile carriers want more exposure in what they call the “Value Chain”.  This means they want their own branded video services that compete effectively with foreign libraries.  They will need resources and tools, however and this is the reason to provide them with the E-CDN that is directly linked to the Media Exchange. Says Ross Cooper, CEO of Modern Cinema Group, “Some analysts believe the largest distribution battles are now over, however we believe they are just beginning as mobile carriers are simply waiting for their golden opportunity.  Although Netflix and others have worked tirelessly to gain market share in emerging market territories and as giant Hollywood acquisitions provide Disney and others with tools and materials to reach huge population groups, thes...