Onstream Media Corporation provides online service of live and on-demand Internet video, corporate audio and Web communications, virtual event technology, social media marketing, and content management applications primarily to corporate, education, and government customers in the United States. Segment The company operates through two segments, Audio and Web Conferencing Services Group, and Digital Media Services Group. Products and services Audio and Web Conferencing Services Group The Audio and Web Conferencing Services Group consists of Infinite Conferencing (Infinite) division, its Onstream Conferencing Corporation (OCC) division and its EDNet division. The Infinite division, which operates primarily from the New York City area, and its OCC division, which operates primarily from San Diego, California, provide ‘reservationless’ and operator-assisted audio and Web conferencing services. The EDNet division, which operates primarily from San Francisco, California, provides connectivity within the entertainment and advertising industries through its managed network, which encompasses production and post-production companies, advertisers, producers, directors, and talent. Digital Media Services Group The Digital Media Services Group consists primarily of Webcasting division and its DMSP (Digital Media Services Platform) division. The DMSP division includes the related UGC (User Generated Content) and Smart Encoding divisions. The Webcasting division operates primarily from Pompano Beach, Florida, and provides an array of corporate-oriented, Web-based media services to the corporate market, including live audio and video Webcasting and on-demand audio and video streaming for any business, government or educational entity. This includes online Webcasting services, a means for corporations to broadcast conference calls live, making them available to the investing public, the media and to anyone worldwide with Internet access. The Webcasting division also has a sales and production support office in New York City, as well as additional production and back-up Webcasting facilities in its San Francisco office. The company markets the Webcasting services through a direct sales force and through channel partners, also known as resellers. Each Webcast can be heard and/or viewed live, and then archived for replay, with an option for accessing the archived material through the company's own Website. These Webcasts primarily communicates corporate earnings and other financial information; product launches and other marketing information; training, emergency or other information directed to employees; and corporate or other special events. As of October 1, 2013, the Webcasting division became responsible for sales of the MarketPlace365 service, which provides its customers with a Virtual Conference Center, which is a multiple event conference solution with integrated Webcasting. The DMSP division operates primarily from Colorado Springs, Colorado and provides an online, subscription based service that includes access to enabling technologies and features for its clients to acquire, store, index, secure, manage, distribute and transform these digital assets into saleable commodities. The company’s UGC division, which also operates as Auction Video, provides a video ingestion and flash encoder that can be used by its clients on a stand-alone basis or in conjunction with the DMSP. In 2007, the company acquired Auction Video Japan, Inc. (Auction Video). The primary assets acquired included the video ingestion and flash transcoder, as well as related technology and patents pending. The company’s Smart Encoding division, which operates primarily from San Francisco, California, provides both automated and manual encoding and editorial services for processing digital media, using a set of coordinated technologies and processes that allow the quick and efficient online search, retrieval and streaming of this media, which can include photos, videos, audio, engineering specs, architectural plans, Web pages, and other pieces of business collateral. The company’s Webcasting products and services fall into two areas: live or archived financial and fair-disclosure related conferences, and all other live or archived Webcast productions for the corporate, financial, educational and government segments. Sales and Marketing The company uses various marketing methods, including internal sales force, independent agents and channel partners, also known as resellers or distributors, to market its products and services. Government Regulation The company relies on the protections provided by both the Digital Millennium Copyright Act and the Communications Decency Act in conducting its business. Competition In the financial conferences area, the company competes with Accordent Technologies (Polycom); BT Conferencing; Intercall; Kaltura; Livestream; MediaPlatform; Netbriefings; ON24; Premiere Global Services (PGi); PTEK Holdings; Qumu; Shareholder.com; Sonic Foundry; Thomson Financial Group; VBrick; ViaVid; Viewcast; Wall Street Transcripts; WILink; Ustream; and others. The company’s platform competes with other online video platforms such as ExtendMedia, LiveStream, Move Networks, Ooyala (Telstra), thePlatform (Comcast), Ustream and others. Other companies that compete in some portion of the digital media services market targeted by the company includes Akamai, Ascent Media, BrightCove, Edgecast, Limelight, Neulion, PermissionTV, Sonic Foundry, Telestream, Twistage, and VitalStream (Internap). Companies that compete in some portion of the multimedia products and services market targeted by the company include Broadcast Supply Worldwide, DigiFon, Out of Hear, Source Elements and Telos Systems. History Onstream Media Corporation was founded 1993. The company was incorporated under the laws of the state of Florida in 1993.
onstream media corp (ONSM:OTC US)
1291 SW 29th Avenue
Pompano Beach, FL 33069
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