IStreamPlanet

iStreamPlanet
Company typeSubsidiary
Industry
Founded2000
FounderMio Babic
Defunct2023 (2023)
FateMajority stake acquired by Turner Broadcasting in 2015, and company shut down in 2023
Headquarters
Seattle, Washington
,
United States
Area served
United States
Products
  • Aventus Media Processing Suite
  • Orbis Direct-To-Consumer Platform
Services
Number of employees
150 (2019)
ParentWarner Bros. Discovery
Websiteistreamplanet.com

iStreamPlanet was a Seattle, Washington-based company that processes and delivers live video broadcasts over the internet. A majority stake of iStreamPlanet was acquired by Turner Broadcasting in 2015 and was lastly operated by Warner Bros. Discovery.[1] The company was founded in 2000 by former basketball player Mio Babic.[2]

iStreamPlanet streamed a number of major sporting events, including NCAA Division I men's basketball tournaments,[3] the Olympics,[4] the Super Bowl, the FIFA World Cup, and Formula One auto racing.[5]

iStreamPlanet was formally shutdown in 2023 with 25 employees laid off.[6] Months before this, external companies had been told that iStreamPlanet was changing models to no longer have external customers outside of Warner Bros. Discovery.[7]

Customers

While not all of iStreamPlanet's live video streaming customers were publicly known, some of their large customers are publicly acknowledged, including:[5]

References

  1. ^ Ramachandran, Shalini (14 August 2015). "Time Warner's Turner Cable Unit Acquires Majority Stake In iStreamPlanet". The Wall Street Journal. Retrieved 14 August 2015.
  2. ^ Smith, Gerry (17 May 2017). "How Time Warner Is Trying to Fend Off Netflix". Bloomberg. Bloomberg Technology. Retrieved 6 June 2017.
  3. ^ a b Costa, Brandon (20 March 2017). "March Madness Live Rides Success of New Streaming Infrastructure From iStreamPlanet". Sports Video Group. Retrieved 16 June 2017.
  4. ^ a b Rayburn, Dan. "How The Olympics Were Streamed Online: Q&A With Microsoft & iStreamPlanet". Streaming Media Blog. Streaming Media. Retrieved 16 June 2017.
  5. ^ a b "About iStreamPlanet". iStreamPlanet. Retrieved 14 January 2019.
  6. ^ Rice, Lynette (14 August 2023). "Warner Bros. Discovery Shutters IStreamPlanet". DEADLINE. Retrieved 14 August 2023.
  7. ^ "Spark to close sports streaming service in 2023". 16 December 2022.
  8. ^ Impey, Steven (8 November 2018). "Spark names US stream team for new sports OTT platform". SportsPro.