Brightcove wins Viacom business

International broadcaster Viacom has begun using Brightcove’s cloud services for digital content delivery across platforms and consumer devices.

The announcement was made as the online video specialist revealed that third quarter revenues were up 32% year-on-year to US$22.1 million (€17 million). Brightcove said Viacom, which operates channels under the MTV, Nickelodeon, VH1 and Comedy Central brand, will also use its player technology across multiple properties for web and mobile distribution.

Other third quarter customer wins included All Nippon Air, Discovery Networks International, Exact Target, Nikon and Yves St. Laurent.

“We are pleased with our strong third quarter results, which once again exceeded our revenue and profitability guidance,” said Jeremy Allaire, chairman and chief executive officer of Brightcove. “After pioneering the online video platform market, Brightcove has continued to push the pace of innovation with our expanding suite of cloud-based solutions, including Video Cloud, App Cloud and Zencoder. We believe that we are in the very early stages of a fundamental shift in how digital content is being delivered and consumed. We view this as a significant market opportunity, and Brightcove is focused on leveraging our first mover advantage into continued, long-term market leadership.”

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