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thePlatform, the leading white-label video publishing company and independent subsidiary of Comcast, unveiled its next-generation video commerce system built to address the need for increasingly sophisticated, transactional video business models. As content libraries grow, and windows of availability fluctuate, media and entertainment companies are seeking creative new approaches to monetize their premium video libraries complimenting pay walls, advertising, or authenticated subscriptions.
thePlatform's mpx's video commerce system provides a robust ecommerce engine to power next-generation digital video storefronts across computers, tablets, and mobile phones. It enables better merchandizing of video by giving consumers new ways to purchase highly-customized video packages and promotions. The new video commerce system includes an automated workflow, applying pricing templates to videos as they are ingested and published.
"The premium video marketplace is maturing beyond traditional monetization vehicles," said Marty Roberts, Senior Vice President of Sales and Marketing for thePlatform. "Companies are seeking a unified platform, like mpx, that brings together advertising, subscriptions, rentals, and purchases in one central place. Our new video commerce system will enable customers to differentiate and sell highly-customized video packages and promotions across screens."
Beyond Advertising and Subscriptions: Transactional Video
thePlatform's mpx system currently provides robust advertising-supported and subscription-based video offerings. For example, its next-generation TV Everywhere suite delivers tailored channel and content packages designed to extend the value of consumers' TV subscriptions. With today's introduction of its video commerce system, thePlatform is providing that same kind of industry-leading customization for single purchases of shows, seasons, and more.
With mpx, companies can leverage extensive metadata to set dynamic new business policies that take advantage of their content libraries, and create better online storefronts for consumers. Beyond basic pay-per-view or download-to-own, thePlatform can configure season passes for TV shows, movie bundles for sequels and trilogies, or create promotions based on actors, directors, specific content categories and more. In categories like news, for example, companies can use mpx to automatically set policies that make the news video free (ad supported) for a short window, then subscription-based during the pay wall window, and finally moved into a transactional, pay-per-view archive.
Next-Gen Video Commerce System
Key benefits of mpx's new video commerce system enable customers to:
thePlatform publishes video and other media to PCs, mobile devices and TVs. Media companies rely on thePlatform's mpx system as their open, central hub for managing, monetizing and syndicating billions of professionally produced video views annually. thePlatform currently provides online video management services to numerous programmers, leading media companies, and five of the top TV service providers in North America, including the largest TV Everywhere deployments.
Additional details about thePlatform can be found at www.thePlatform.com.