Brightcove Grows Presence and Investment in Latin America
April 19 2017 - 11:00AM
Business Wire
Customer wins highlight potential to help Latin
American media companies increase revenues, decrease costs
associated with video, and improve viewing experiences
Brightcove Inc. (NASDAQ: BCOV), the leading provider of cloud
services for video, is expanding its global market leadership into
Latin America with key customer wins and plans to open an office in
Mexico City. Brightcove’s growing success in the region is
establishing the company as the go-to partner for a wide range of
broadcasters and publishers.
Media organizations around the world are facing three key
challenges, outlined in Brightcove’s Manifesto for Transforming the
Experience and Economics of Online Video in 2017: improving viewing
experiences, increasing video-based revenue opportunities, and
reducing the costs of operating a video business across platforms.
Brightcove is rolling out a steady drum beat of functionality and
services to help tackle these challenges. On top of that,
Brightcove has added local team members in Latin America to
accelerate its growth in the region.
“In recent months, Brightcove has been expanding its presence in
Latin America by investing time and resources in the region and
bringing on new customers,” said Raul Garcia, general manager,
Latin America, Brightcove. “We are excited to share our experiences
from working with media organizations worldwide and our industry
expertise and best practices with local media organizations in
order to provide them with the tools to grow their content
businesses quickly and cost effectively.”
Key customer wins in Latin America include:
- Grupo Televisa, the
largest Mexican mass multimedia company in the Spanish-speaking
world.
- Expansión, a leading Mexican
multimedia group with a portfolio of 16 magazines and 11 internet
sites.
- Grupo Nación Paraguay, a
preeminent news organization part of Grupo La Nacion Comunicaciones
in Paraguay.
“Brightcove is a global brand with proven success around the
world,” said Anil Jain, executive vice president and general
manager of media, Brightcove. “We believe that the increasing
consumption of media in Latin America due to the deregulation of
the industry, together with rising household incomes, has the
region poised for explosive growth over the next few years.
Brightcove is committed to investing in the region and being a
resource for media organizations for years to come to help refine
their approach to video.”
Brightcove on social media:
- Brightcove Blog
- Twitter
- LinkedIn
- Facebook
About BrightcoveBrightcove Inc. (NASDAQ:BCOV) is the
leading global provider of powerful cloud solutions for delivering
and monetizing video across connected devices. The company offers a
full suite of products and services that reduce the cost and
complexity associated with publishing, distributing, measuring and
monetizing video across devices. Brightcove has thousands of
customers in over 70 countries that rely on the company’s cloud
solutions to successfully publish high-quality video experiences to
audiences everywhere. To learn more, visit www.brightcove.com.
This press release may include forward-looking statements
regarding anticipated objectives, growth and/or expected product
and service developments or enhancements. Such forward-looking
statements may be identified by the use of the following words
(among others): "believes," "expects," "may," "will," "plan,"
"should" or "anticipates," or comparable words and their negatives.
These forward-looking statements are not guarantees but are subject
to risks and uncertainties that could cause actual results to
differ materially from the expectations contained in these
statements. For a discussion of such risks and uncertainties, see
"Risk Factors" in the Company's filings with the Securities and
Exchange Commission, including its most recent annual report on
Form 10-K. Brightcove assumes no obligation to update any
forward-looking statements contained in this press release in the
event of changing circumstances or otherwise, and such statements
are current only as of the date they are made.
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version on businesswire.com: http://www.businesswire.com/news/home/20170419006015/en/
Press ContactsNorth America:BrightcoveMeredith Duhaime,
617-299-8702press@brightcove.comorEurope:WE Communications for
BrightcoveRebecca Lake, + 020 7632 3856rlake@we-worldwide.com
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