SpeedCast renews relationship with Bloomberg Television

Hong Kong based company SpeedCast has renewed the partnership agreement with Bloomberg Television, the global provider of financial information and business news. Speedcast is a leading broadband enabler of satellite based services.

Under the terms of the agreement, Bloomberg Television's live, around-the-clock financial information and business news will be available on SpeedCast Multimedia's satellite-enabled services, NetTV and BizTV throughout Asia and the Middle East. The business video content will be delivered directly to end-users' PCs 24 hours a day on a subscription basis.

NetTV and BizTV's subscribers can see Bloomberg Television content live from America Asia and Japan. They can also catch up on Bloomberg Headlines and the top Asian and world news. End users will enjoy SpeedCast's unique browser that combines both video and audio content, together with data and search functions. They can select from four viewing modes: minimal, compact, standard and full screen display interfaces.

Bloomberg's content is delivered through satellite directly to last mile Internet connection or through corporate LANs. Speedcast CEO Thomas Choi said, "We are proud to carry on our long standing partnership with Bloomberg Television and deliver their focused and timely information via our platform.

Bloomberg Television is one of the top five NetTV channels that demonstrate a track record of high traffic and help increase the stickiness of our media content. We believe the high quality authoritative streaming media content is the key to attract and retain viewership and to drive further revenue to Bloomberg and other content partners".

The SpeedCast network service is delivered via the AsiaSat 3S satellite, a geographical footprint covering more than two thirds of the world's population.

Bloomberg Television provides the most comprehensive coverage of fast-breaking money and business news, stock reports, world news, market updates, sport and weather in the world. Bloomberg has 1,500 reporters and editors based in 85 news bureaus worldwide, delivering news and analysis 24 hours a day, seven days a week. Bloomberg Television is part of the Bloomberg financial information network including Bloomberg Professional terminals, news wires, radio, magazines, book publishing and the Internet.

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