
(16/02/2014) NeuLion, a leading Internet video technology provider for delivering live and on-demand content to any Internet-enabled device, today announced its TV Everywhere Platform is being used to power live Olympic streaming experiences in China and Portugal to a vast fan base.
Chinas consumer market, forecasted to become the second largest in the world by 2015, continues to grow at a rapid rate. Both Chinese and foreign companies are exploring new ways to keep up as the market evolves. CNTV and NeuLion have continued to stay at the forefront of the expanding Chinese marketplace with their premium digital service, CNTV 5+ VIP. The newest addition to CNTV 5+ VIP is the action packed coverage of the 2014 Winter Olympics in Sochi including exclusive coverage of hockey games as well as all Team China games throughout the Olympics.
Our partnership with NeuLion helps us create a leading digital experience for our viewers, said WenBin Wang, General Manager of CNTV, the new media agency of CCTV. The interest in the Olympics here in China is big and our large audience will be very excited by this great digital service CNTV and NeuLion have created for our Olympics fans.
Sport TV, the number one sports network in Portugal, will use its Sport TV Multiscreen service, powered by NeuLion, to provide subscribers to its premium sports HD multi-screen package authenticated access to live Olympic action on multiple devices. The vast experience of NeuLion was indispensable when choosing a digital technology partner last year said Nuno Ferreira, Director of Programming at Sport TV. We wanted to go with a leader in live digital delivery of our sports channels and NeuLion's experience made us feel confident with our decision. Sport TV has always placed a heavy emphasis on high quality delivery to our subscribers and our partnership with NeuLion ensures we remain at the forefront.
NeuLion's broad distribution of Olympic coverage on Europe and Asia in partnership with each of these Olympic broadcasters, makes the NeuLion Platform a wide reaching digital platform for Olympic streaming with exciting coverage being delivered both live and on demand.
More than just streaming, each of these services will offer consumers a premium, high-quality, interactive digital experience for the 2014 Olympics that includes linear channel broadcasts, real-time live events, enhanced DVR and playback controls, highlights, stats and more on PC, mobile and tablet devices.
We're thrilled by the opportunity to showcase our leading TV Everywhere Platform to a worldwide audience working with our partners in China and Portugal, said Chris Wagner, EVP and Co-Founder of NeuLion. The sheer size and potential to continue to expand new digital services around the world is enormous. We are fortunate to have great partnerships with CNTV and Sport TV and we are excited to add coverage for the 2014 Olympics.
About NeuLion
NeuLion, Inc. (TSX: NLN) offers the true end-to-end solution for delivering live and on-demand content to Internet-enabled devices. NeuLion enables content owners and distributors, cable operators and telecommunications companies to capitalize on the massive consumer demand for viewing video content on PCs, smartphones, iPads and other similar devices. NeuLion's customers include major entertainment, sports, global content and news companies. NeuLion is based in Plainview, NY.
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