Business Services Industry
Azureus to Announce Next Generation Internet Distribution Platform for Digital Entertainment at OnHollywood 2006
Business Wire, April 26, 2006
PALO ALTO, Calif. -- Azureus Inc., provider of Azureus, one of the most popular Internet peer-to-peer applications, announced today that it will present a preview of its upcoming next generation Internet distribution platform for digital entertainment at the Top Innovator Demo program at OnHollywood 2006, the digital media and entertainment market for executives, held May 2 - 4 at the Roosevelt Hotel in Hollywood, California. Azureus will be presenting an overview of its upcoming platform at 9:30 am on May 3rd. The company will also be available for private in-depth briefings and early previews in Room Barcelona, starting at 10:30 am on May 3rd.
"This is an exciting time for the Azureus community as we have the opportunity to help little known but high quality digital entertainment productions to come to light, created either by movie professionals or digital video hobbyists," said Gilles BianRosa, Chief Executive Officer of Azureus. "Azureus' vision is to lead the digital entertainment revolution by providing the best solution for media content owners to reach out to a young, Internet-savvy audience in a safe and cost effective way. With one of the largest Internet community, Azureus provides the critical mass for music and movie professionals to access their target audience, as well as for social networking communities to share their passions with high quality videos."
In the movie industry alone, based on proprietary market research, Azureus estimates that there are more than 10,000 movies produced each year in the U.S., out of which approximately only 10% are distributed in theaters or through DVDs, meaning that 90% never find an audience. For example a number of independent movies became hits after a grassroots promotion by devoted enthusiasts. Azureus will seek partnerships with producers to easily make accessible many of these "independent" movies and then let the Azureus community make them popular or vote them down. Additionally, the new upcoming Azureus platform will make it easier and very cost effective for movie studios, TV networks and video game publishers to distribute trailers, show previews and trial version of games.
Also, topical videos featuring sports, family events, cultural or educational programs to name a few, can be easily shared by content owners in DVD quality at almost no cost, fostering social networking communities around common passions, like snowboard or surf. With Azureus, these communities would be able to easily share complete high definition video footages of their favorite events with fans around the world.
Created in 2003, as an open source peer-to-peer browser, Azureus has quickly become one of the most popular applications for quickly and safely downloading large files. To date, Azureus has been downloaded more than 110 million times, with more than 500,000 new downloads per week, and more than 1.1 million users connected at any given time. Azureus has recently been voted the most popular open-source software by SourceForge.net's annual Community Choice Awards.
"With a community of millions of Internet users, Azureus demonstrates day in and day out that it's an extremely scalable and safe solution for quick transfer of large files," said Olivier Chalouhi, Founder and Chief Technology Officer at Azureus. "We believe that no other company can offer these benefits today."
Azureus has enhanced the bittorrent file distribution protocol with many ground-breaking innovations to create a mainstream Internet distribution platform that reduces the load on central servers by using peer-to-peer technology. Instead of downloading from a single overburdened server, a client can download from hundreds (or thousands) of other peer clients simultaneously, allowing for efficient and high-speed content delivery.
About Azureus
Azureus Inc. is the provider of Azureus, one of the most popular Internet peer-to-peer applications. The company, located in Palo Alto, California, is creating the next generation Internet distribution platform for digital entertainment. Azureus has more than 110 million downloads, with 500,000 more downloads per week, and with at least 1.1 million users connected to the network at any given time. More at www.getazureus.com
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