Business
NanoTech and Harmonic Kick Off Live 4K Video Series at the 49ers brand new, state-of-the-art, Levi’s Stadium
NanoTech and Harmonic Kick Off Live 4K Video Series at the 49ers brand new, state-of-the-art, Levi’s Stadium.
About this update from Nanotech Entertainment Inc
[{"type":"text","content":"\n \n NanoTech \n Entertainment (OTCPINK: \n NTEK), a pioneer in bringing the most visually stunning streaming TV \n experience to consumers, announced today that it has signed a licensing \n agreement with the San \n Francisco 49ers to start offering UltraFlix \n users Live 4K video coverage of the 49ers pre-game show and the 49ers TV \n video series, exclusively in 4K. Stunning quality, real-time 4K HEVC \n video encoding and adaptive streaming is all provided by Harmonic \n (NASDAQ: HLIT), the worldwide leader in video delivery infrastructure. Verizon \n Edgecast manages the Live 4K ingest and reliable delivery to the \n growing line-up of 4K TV’s sporting UltraFlix, the top destination for \n 4K movies, documentaries, concerts and staring this fall, Live 4K events.\n \n \n The exciting team-up of Live 4K video delivery solution providers is \n exactly what the industry needs to help fuel mass consumer adoption. \n Historically speaking, HDTV mass adoption coincided with the advent of \n live HD events, such as sports and concerts. The original game plan was \n spot on and the timing is right to run the same play. According to the \n latest industry projection, consumers are gearing up to start receiving \n 4K streaming video and UltraFlix is on-track to be made available on 90% \n of all 4K TV’s here in NA this year.\n \n \n UltraHD, 4K TV is “poised for strong growth in the coming years” \n according to US technology body, the Consumer Electronics Association \n (CEA). Organizers of the Consumer Electronics show, predicted in its \n latest forecast that US shipments of 4K UHD displays will reach 4.4 \n million units in 2015, a 208% increase compared to 2014. \n Global UHD TV shipments will increase to 67M units by 2017 and 100M \n units by 2018 according to Digital Research. NA is estimated to grow \n from 12% of total Global Sales to ~ 21% by 2017, or 14M units.\n \n \n One of the key forces driving this market is the ability to deliver the \n best possible viewer experience along with a perpetually growing catalog \n of 4K Video-On-Demand and on-going Live 4K Events. With enhanced video \n compression, adaptive streaming and intelligent bandwidth management \n technologies, UltraFlix \n and its’ partners, Harmonic and Verizon can stream visually lossless \n Live UHD video with uninterrupted v...