Music Industry News Network [05-31-2014]

Online Video Platform Playwire Sees Momentous Growth In Q1 2014

MI2N www.mi2n.com

Playwire, a leading online video platform, today announced exceptional company growth metrics for 2013 and Q1 2014. Playwire added over 3,300 new publishers in 2013 and now hosts more than 730,000 videos encoded through its platform.

"The tremendous growth we have experienced shows that the online video market is only just beginning to transform the advertising world. We are particularly proud that our service will allow fair and transparent monetization of content for publishers and creators"

"The tremendous growth we have experienced shows that the online video market is only just beginning to transform the advertising world. We are particularly proud that our service will allow fair and transparent monetization of content for publishers and creators," said Jayson Dubin, CEO and Founder of Playwire. "Our current surge in participation and usage justifies recent data that shows digital ad revenue surpassing broadcast for the first time, and we see this trend continuing throughout the year. As content migrates to the digital space, it will be increasingly important for creators to not only monetize their content, but also control their intellectual property."

Source: http://www.mi2n.com/press.php3?press_nb=174469

Copyright © 1997-2014 MusicDish LLC, all rights reserved. Text, graphics, and HTML code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission.