AFRICA – V-Nova, a provider of video compression technologies, has partnered with OTT TV company Simpestream to launch new streaming service MVMO in Africa.
The service will combine the V-Nova P+ codec-agnostic enhancement and Simplestream streaming platform to deliver a wide range of high-quality content to audiences throughout the continent.
P+ supports the upcoming MPEG-5 Part 2 LCEVC compression standard. This means that MVMO will be one of the first platforms to deploy it. According to V-Nova, MVMO will make it possible to watch videos anywhere there is a phone signal.
MVMO (Movies, Video, Music, Opportunity), is a distribution platform developed in association with the Creative Africa Exchange (CAX), a marketplace for the creative and cultural industry, sponsored by Afreximbank.
MVMO is set to help consolidate the burgeoning demand for high-quality streaming content in Africa. Already trailing in several locations ahead of its official launch in Nigeria, with other countries to be confirmed shortly, MVMO is partnering with major global content providers.
Times Multimedia TMM is the exclusive news affiliate for the platform, but will also uniquely provide a platform for independent producers to publish and monetise their content to support the rapidly growing African creative industries.
Guido Meardi CEO and Co-Founder V Nova, said, “Simplestream’s remarkable platform has revolutionised content distribution and continues to break new ground in the initiation of new streaming services.
“Our P+ software library is fundamental to the feasibility of this service as it allows people to enjoy
video, even on 2G networks with a bitrate of only 100 Kbps but also enables high-quality full HD at just 1Mbps. Integrating P+ into Simplestream’s platform will open up opportunities worldwide,”
Dan Finch, Chief Commercial Officer of Simplestream commented; “We are very pleased to be partnering with MVMO and V-Nova on the development and introduction of this hugely exciting new service.”
Sandra Iyawa, CEO of Times Multimedia and Chief Content Officer for MVMO said, “The combination of Simplestream and V-Nova technologies has provided us with a versatile and highly-efficient streaming platform that allows us to reach a vast untapped audience across any mobile network.
“We will be launching MVMO at the international CAX weekend event in Kigali, Rwanda in December and look forward to welcoming our first viewers to this unique new platform.”
The MVMO platform has been developed in association with the Creative Africa Exchange, a marketplace for the continent’s creative and cultural industry, sponsored by Afreximbank.