Brightcove

Brightcove, Inc.
Company typePublic
IndustryInternet video
Founded2004; 21 years ago (2004)
Founders
HeadquartersBoston, Massachusetts, United States
Key people
  • Marc DeBevoise (CEO)
  • Rob Noreck (CFO)
RevenueDecrease US$201 million (2023)[1]
Number of employees
670 (2023)[2]
Websitebrightcove.com

Brightcove, Inc. is an American software company based in Boston, Massachusetts, that produces an online video platform. Founded in 2004 by Jeremy Allaire and Bob Mason, the company went public in 2012, and in 2024 was acquired by Bending Spoons.

History

Brightcove was founded in 2004 by Jeremy Allaire, who served as Executive Chairman until April 2016,[3] and Bob Mason. The company was named after a harbor where the founder liked to kayak named Bright Cove Harbor in Cape Cod, Massachusetts.[4]

In March 2006, Brightcove acquired Seattle-based Metastories, makers of StoryMaker, a publishing tool for video, audio, images, and text. In May of that year, it established a distribution partnership with TiVo[5][6][7] and a content delivery partnership with Limelight Networks.

Coinciding with a series of deals with UK media companies, Brightcove opened an office in London in July 2007.

In November 2009, Brightcove was named as one of the top two U.S. video platform vendors.[8]

In April 2010, it was reported that Brightcove raised $12 million in fourth-round funding, nearing a total of $100 million, but still barely breaking even with the projected $50 million in annual revenue.[9]

In August 2010, Brightcove announced a content delivery partnership with Akamai Technologies.[10] Along with Akamai Technologies, its other partnerships include the ones with Sitecore, Cleeng,[11] FreeWheel, YuMe, Conviva, Oracle, DoubleClick, and other organizations.[12]

As a public company

Brightcove went public in February 2012 with their stock priced at $11 per share. The price of the stock during the summer of 2017 was $7 per share, with the stock down 38 percent in the past year.[13]

In July 2017, the company announced that CEO David Mendels agreed to step down as of July 31, 2017.[14] Andrew Feinberg, previously Brightcove's president and chief operating officer was named acting CEO[14] until April 2018 when Jeff Ray was appointed as the new CEO.[15]

Internet TV partnerships

In December 2005, Brightcove partnered with Reuters to create a program to syndicate customized news video players.[16]

In 2006, Brightcove completed Internet TV partnership deals with a number of large media companies including The New York Times Company (NYTimes.com and About.com),[17] Discovery Communications (Discovery Channel, Travel Channel), and Sony BMG among others.

In 2007, Brightcove capitalized on a trend of magazine and newspaper publishers expanding into online video[18] by signing deals with print media companies including Time Inc., TV Guide, and Washingtonpost.Newsweek Interactive.

Since then, a number of television and cable media companies have begun to use Brightcove as an alternate, non-exclusive distribution channel for their video content.[19]

Acquired by Bending Spoons

Bending Spoons, an Italian technology company agreed to acquire Brightcove for $233 million.[2]

Brightcove Studio

The Brightcove Studio was home to the Brightcove Internet TV platform. Geared toward professional video publishers, the studio was used to create, customize, distribute, and monetize video player widgets. Videos, lineups, players, and online channels were all created and managed through a content management system called the Brightcove Console, an Adobe Flex-based internet application. Monetization was achieved through video sales and advertising.

Former services

Brightcove.tv

Brightcove.tv was a video website dedicated to promoting Brightcove content. Every publisher who created a Brightcove account was assigned a channel, their own page on Brightcove.tv.

Publishers could customize their channel through the Brightcove Console. Simple details like the channel's name, logo, and description could be updated in the user's profile. The content of a channel was defined by changing the settings of individual titles, lineups, and players to allow distribution and promotion on Brightcove.tv.

On December 17, 2008, Brightcove shut down Brightcove Network accounts that had not been upgraded to paid Brightcove platform accounts. At the same time, they shut down the Brightcove.TV website (which is separate from the corporate Brightcove website).[20]

App Cloud

In May 2011, Brightcove announced its App Cloud online product that was targeted at the development of mobile applications.[21] App Cloud allows companies to develop apps once using its online interface, and then deploy them as iPhone and Android native apps.[21]

App Cloud was made generally available in November 2011.[22] NBC used App Cloud to power its NBCU Screen It Emmy screener app for the iPad. The app allows 15,000 members of the Academy of Television Arts & Sciences who vote on the Emmy awards to gain authenticated access to view NBC's programs.[23] The App Cloud was terminated in early 2013.[24]

Products

  • Video Cloud
  • Video Marketing Suite
  • Enterprise Video Suite
  • Brightcove Campaign
  • Brightcove Continuum
  • Brightcove Engage
  • Player
  • Live
  • SSAI
  • OTT Experiences
  • Zencoder

Management

In November 2014, Brightcove brought on its new Chief Financial Officer Kevin R. Rhodes.[25] He was later replaced by Robert Noreck, who had previously served as a Senior Vice President. Noreck assumed the role of Executive Vice President as well. In July 2017, the CEO David Mendels stepped down, after a year of poor stock performance. Andrew Feinberg who was the president and chief operating officer of Brightcove earlier, was the acting CEO until Jeff Ray was named CEO in April 2018.[26][27] Upon his retirement in February 2022, Ray was succeeded by Marc DeBevoise, former president of CBS Interactive and Chief Digital Officer of ViacomCBS.[28][29]

References

  1. ^ "2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 22, 2024.
  2. ^ a b Chesto, Jon (November 25, 2024). "Video company Brightcove sold for $233 million to Italian app developer". Boston Globe.
  3. ^ "Brightcove Appoints Gary Haroian as Chairman of the Board of Directors (NASDAQ:BCOV)". investor.brightcove.com. Archived from the original on 2017-07-23. Retrieved 2017-07-26.
  4. ^ Maffel, Lucia (2018-11-01). "The Stories Behind Your Favorite Boston Startup Name". BostInno. Retrieved 2018-11-08.
  5. ^ Lieberman, David (2006-05-09). "TiVo Hooks up with Internet Video and Ad Sales Service". USA Today. Retrieved 2010-04-26.
  6. ^ Wingfield, Nick (2006-05-10). "TiVo to Offer Video From the Internet In Brightcove Deal". The Wall Street Journal.
  7. ^ "TiVo Links with Brightcove as PC-TV Lines Blur". CNET. 2006-05-09. Archived from the original on January 30, 2013.
  8. ^ "Brightcove a top online video platform vendor". MBI(UK):Broadcast. 2009-11-10.
  9. ^ "Brightcove raises $12M on way to IPO: More money down the online-video drain?". VentureBeat. 2010-04-05. Archived from the original on 2010-04-07.
  10. ^ "Akamai & Brightcove Announce Global Alliance". Brightcove Blog.
  11. ^ "Cleeng Partners with Brightcove For Video Content Micropayments | Archives, Technology | Cablefax". Cablefax. 2011-05-05. Retrieved 2017-08-21.
  12. ^ "New Brightcove Video Player Receives Broad Support from the Video Ecosystem". comScore, Inc. Retrieved 2017-08-21.
  13. ^ O'Brien, Kelly J. (2017-07-26). "Brightcove CEO David Mendels steps down". Boston Business Journal. Retrieved 2017-07-27.
  14. ^ a b Martin, Dylan (26 July 2017). "Brightcove CEO Resigns After Facing Investor Pressure". The Business Journals. Retrieved 21 May 2024.
  15. ^ "Brightcove Appoints Jeff Ray CEO". Reuters. 11 April 2018.
  16. ^ "Reuters video to get mass distribution". CNET. 2005-12-20. Archived from the original on September 7, 2012.
  17. ^ "The New York Times partners with Web-video firm". Crain's New York Business. 2006-02-08.
  18. ^ Lieberman, David (2007-02-12). "Magazines start studios to join online video craze". USA Today. Retrieved 2010-04-26.
  19. ^ Schneider, Michael (2007-06-17). "Fox locks deal with Web TV service: Brightcove pacts with company". Variety.
  20. ^ GigaOM NewTeeVee.com Archived 2008-11-07 at the Wayback Machine (11/03/2008)
  21. ^ a b Devindra Hardawar, VentureBeat. "Brightcove steps into app creation biz with App Cloud." May 24, 2011.
  22. ^ Lawler, Ryan (November 30, 2011). "Brightcove launches cloud-based mobile app platform". Archived from the original on 4 April 2012. Retrieved 26 March 2012.
  23. ^ Richmond, Will (March 16, 2012). "Brightcove Powering NBCU's New Emmy Screener iPad". Retrieved 26 March 2012.
  24. ^ "Brightcove AppCloud FAQ" (Press release). June 20, 2013. Archived from the original on 2 March 2013. Retrieved 20 June 2013.
  25. ^ David Harris, Boston Business Journal"Brightcove taps PlumChoice exec as new CFO." November 10, 2014.
  26. ^ "www.bizjournals.com/boston/news/2017/07/26/brightcove-ceo-david-mendels-steps-down.html". www.bizjournals.com. Retrieved 2017-08-22.
  27. ^ "Leadership | Brightcove". Brightcove. Retrieved 2018-07-30.
  28. ^ Maas, Jennifer (2022-02-09). "Former ViacomCBS Digital Chief Marc DeBevoise Named Brightcove CEO". Variety. Retrieved 2022-02-10.
  29. ^ Coster, Helen (2022-02-09). "EXCLUSIVE-Brightcove names former ViacomCBS exec Marc DeBevoise CEO". Nasdaq. Archived from the original on 2017-12-19. Retrieved 2022-02-10.

Read other articles:

Milutin Uskoković

Milutin UskokovićBorn4 June 1884Užice, SerbiaDied15 October 1915(1915-10-15) (aged 31)Kuršumlija, SerbiaOccupationWriterNationalitySerbianAlma materUniversity of Geneva Milutin Uskoković (Serbian Cyrillic: Милутин Ускоковић; 4 June 1884 – 15 October 1915) was a Serbian short story writer and soldier.[1] Biography Milutin Uskoković was born at Užice, Serbia, on 4 June 1884 and killed himself at Kuršumlija in southern Serbia on 15 October 1915 while w...

 

Looney Tunes: Rabbits Run

2015 American filmLooney Tunes: Rabbits RunDVD coverDirected byJeff SiergeyScreenplay byHugh DavidsonRachel RamrasStory byHugh DavidsonLarry DorfRachel RamrasBased onLooney Tunesby Warner Bros.Produced byJeff SiergeyHugh DavidsonStarringFred ArmisenJeff BergmanDamon JonesMaurice LaMarcheRachel RamrasJim RashBilly WestEdited byCraig PaulsenMusic byKevin MantheiProductioncompanyWarner Bros. AnimationDistributed byWarner Home VideoRelease dates July 7, 2015 (2015-07-07) (Walma...

 

Mahōtsukai Chappy

Japanese anime television series Mahou Tsukai ChappyChappy and friends (photo from 1977)魔法使いチャッピーGenreMagical girl Anime television seriesDirected byYugo SerikawaHiroshi Ikeda (2 episodes), etc.Written byShun'ichi Yukimuro (1 episode) Masaki Tsuji (head writer)StudioToei AnimationOriginal networkNETOriginal run April 3, 1972 (1972-04-03) – December 25, 1972 (1972-12-25)Episodes39 Mahōtsukai Chappy or Chappy the Witch (魔法使い�...

Nauka (ISS module)

Module of the International Space Station This article is about the ISS component. For the academic publisher, see Nauka (publisher). NaukaForward view of Nauka and attached to it from the Cupola, during the Russian VKD-51 spacewalk in January 2022.Module statisticsCOSPAR ID2021-066APart ofInternational Space StationLaunch date21 July 2021, 14:58:25 UTC (2 years, 9 months and 4 days ago)Launch vehicleProton-MDocked29 July 2021, 13:29:01 UTCMass 20,357 kg (44,880&...

 

Miralga Creek mine

Iron ore mine in Western Australia Miralga Creek mineLocationMiralga Creek mineLocation in Western AustraliaLocationShire of East PilbaraStateWestern AustraliaCountryAustraliaCoordinates21°00′17″S 119°19′04″E / 21.0047°S 119.3179°E / -21.0047; 119.3179ProductionProductsIron oreProduction2 million tonnes (4.4 billion pounds) per annumHistoryOpened2022OwnerCompanyAtlas IronWebsitehttps://www.atlasiron.com.au/ The Miralga Creek mine is an iron ore mi...

 

Joseph Conrad

Untuk kegunaan lain, lihat Joseph Conrad (disambiguasi). Joseph ConradConrad pada 1904LahirJózef Teodor Konrad Korzeniowski(1857-12-03)3 Desember 1857Terekhove dekat Berdychiv, Kegubernuran Kiev, Kekaisaran RusiaMeninggal3 Agustus 1924(1924-08-03) (umur 66)Bishopsbourne, InggrisMakamCanterbury Cemetery, CanterburyPekerjaanNovelis, penulis cerita pendekBahasaInggrisKebangsaanPolandiaKewarganegaraanBritaniaPeriode1895–1923: ModernismeGenreFiksiKarya terkenalThe Nigger of the 'Narci...

中華民國—瑞士關係

  提示：此条目页的主题不是中國—瑞士關係。   關於中華民國與「瑞」字國家的外交關係，詳見中瑞關係 (消歧義)。 中華民國—瑞士關係 中華民國 瑞士 代表機構駐瑞士台北文化經濟代表團瑞士商務辦事處代表代表 黃偉峰 大使[註 1][4]處長 陶方婭[5]Mrs. Claudia Fontana Tobiassen 中華民國—瑞士關係（德語：Schweizerische–republik china Beziehungen、法�...

 

Christopher Chope

British politician (born 1947) The subject of this article is standing for re-election to the House of Commons of the United Kingdom on 4 July, and has not been an incumbent MP since Parliament was dissolved on 30 May. Some parts of this article may be out of date during this period. Please feel free to improve this article (but note that updates without valid and reliable references will be removed) or discuss changes on the talk page. Sir Christopher ChopeOBE MPOfficial portra...

 

Paper (chanson de Svala)

Cet article est une ébauche concernant une chanson, le Concours Eurovision de la chanson et l’Islande. Vous pouvez partager vos connaissances en l’améliorant (comment ?) selon les recommandations des projets correspondants. Pour les articles homonymes, voir Paper. Paper Chanson de Svala au Concours Eurovision de la chanson 2017 Sortie 15 mars 2017 Langue Anglais Genre Electropopfuture garage Auteur Svala BjörgvinsdóttirEinar EgilssonLester MendezLily Elise Compositeur Svala...

Algerian Sign Language

Deaf sign language of Algeria This article relies largely or entirely on a single source. Relevant discussion may be found on the talk page. Please help improve this article by introducing citations to additional sources.Find sources: Algerian Sign Language – news · newspapers · books · scholar · JSTOR (November 2021)Algerian Sign LanguageNative toAlgeriaNative speakers240,000 (2008)[1]Language familyFrench Sign Algerian Sign Language...

 

Baby Looney Tunes

American preschool cartoon television series Baby Looney TunesGenreComedyBased onLooney Tunesby Warner Bros.Developed bySander SchwartzVoices of Sam Vincent Britt McKillip Ian James Corlett Terry Klassen Janyse Jaud Chiara Zanni June Foray Brian Drummond Theme music composer Lisa Silver Patty Way Opening themeThe Baby Looney Tunes Way by Lisa Silver and Patty WayEnding themeThe Baby Looney Tunes Way (Instrumental)Composers Steve Bernstein Julie Bernstein Country of originUnited StatesOriginal...

 

القوات البحرية الملكية المغربية

البحرية الملكية المغربية الدولة المغرب الإنشاء 1960 إلى الآن. الولاء المملكة المغربية النوع البحرية الدور حماية السواحل المغربية الحجم 7800كم (ضمنها 1500كم من مشاة البحرية) جزء من القوات المسلحة الملكية المغربية المقر الرئيسي الرباط مناطق العمليات البحر الأبيض المتوسط__المحي�...

Moon Chung-in

Chung-in MoonGambar Chung-in Moon di konferensi CogitAsia pada 29 Juni 2015LahirTanggal tidak terbaca. Angka tahun harus memiliki 4 digit (gunakan awalan nol untuk tahun < 1000).Cheju, Korea SelatanWarga negaraKoreaAlmamaterUniversitas YonseiUniversitas MarylandKarier ilmiahBidangIlmu politikHubungan internasionalPolitik dan ekonomi politik KoreaPolitik internasional Asia TimurInstitusiUniversitas YonseiUniversity of California, San DiegoDuke University Chung-in Moon (lahir 25 Maret 1951)...

 

West Ham United Football Club 2015-2016

Voce principale: West Ham United Football Club. West Ham United F.C.Stagione 2015-2016Gli Hammers entrano in campo per il replay del sesto turno di FA Cup contro il Manchester Utd Sport calcio Squadra West Ham Utd Allenatore Slaven Bilić Presidente David Sullivan Premier League7º posto (in Europa League) FA CupSesto turno Football League CupTerzo turno Europa LeagueTerzo turno di qualificazione 2014-2015 2016-2017 Si invita a seguire il modello di voce Questa voce raccoglie le informa...

 

2013 FIFA U-20 World Cup

2013 FIFA U-20 World Cup2013 FIFA U-20 Dünya KupasıTournament detailsHost countryTurkeyDates21 June – 13 JulyTeams24 (from 6 confederations)Venue(s)7 (in 7 host cities)Final positionsChampions France (1st title)Runners-up UruguayThird place GhanaFourth place IraqTournament statisticsMatches played52Goals scored152 (2.92 per match)Attendance303,251 (5,832 per match)Top scorer(s) Ebenezer Assifuah(6 goals)Best player(s) Paul PogbaBest goalkeeper...

Афроамериканцы

Афроамериканцы Современное самоназвание African American Afro-American Численность 42 020 743 чел. (12,7 % населения США) Расселение преимущественно Юг США Язык американский английский, афроамериканский английский Религия протестантизм (78 %), католицизм (5 %), ислам (1 %)[1] В...

 

ジェームズ・マクドナルド (競馬)

ジェームズ・マクドナルド 2023年12月10日の香港カップ優勝時基本情報国籍 ニュージーランド出身地 ニュージーランド生年月日 (1992-01-06) 1992年1月6日（32歳）騎手情報初免許年 2007年テンプレートを表示 ジェームズ・マクドナルド（英語: James McDonald、1992年1月6日 - ）は、ニュージーランドの騎手である。 来歴 1992年1月6日にニュージーランドにて誕生[1]。 父の厩舎�...

 

Týnec (district de Břeclav)

Pour les articles homonymes, voir Týnec. Cet article est une ébauche concernant une localité tchèque. Vous pouvez partager vos connaissances en l’améliorant (comment ?) selon les recommandations des projets correspondants. Týnec   Administration Pays Tchéquie Région Moravie-du-Sud District Břeclav Région historique Moravie Maire Hana Zoubková Code postal 691 54 Indicatif téléphonique international +(420) Démographie Population 1 109 hab. (2020) Densité 96...

徳川義直

この記事は検証可能な参考文献や出典が全く示されていないか、不十分です。 出典を追加して記事の信頼性向上にご協力ください。（このテンプレートの使い方）出典検索?: 徳川義直 – ニュース · 書籍 · スカラー · CiNii · J-STAGE · NDL · dlib.jp · ジャパンサーチ · TWL (2019年9月)  凡例徳川 義直 徳川美術館所蔵時代 安土桃山�...

 

Ars antiqua

Musical style of the High Middle Ages Pérotin, one of the few composers of Ars Antiqua who is known by name, composed this Alleluia nativitas in the third rhythmic mode. Part of a series onMedieval music Overview Composers  / Instruments / Theory (Theorists) Movements and schools Saint Gall Saint Martial Goliard Ars antiqua Notre-Dame school Troubadour Trouvère Minnesang Ars nova Trecento Ars subtilior Major figures Notker Guido Hildegard Bernart Walther Pérotin Adam de l...