Budapest Stock Exchange listed OTT-One and Columbia Pictures Corporation Limited have started a strategic collaboration. As per the terms of the agreement, OTT-One will provide the technology for the new „Sony Networks” video streaming application launched by the subsidiary of Sony Corporation in Central Europe.
Columbia Pictures Corporation Limited, the subsidiary of Sony Corporation is a company with interests in movie production and distribution. The agreement with OTT-One states that until 31 August 2019, the Hungarian IT company will be the technology provider of the new „Sony Networks” application in four countries of the Central European region: Hungary, the Czech Republic, the Republic of Poland and Romania.
Sofware solutions have a distinguished role in the field of on-demand and online video streaming, both in terms of hardware efficiency and the reliability of the service. This strategic partnership underpins OTT-One’s expertise in streaming technology, which is outstanding not only in Hungary, but in international markets as well.
OTT-One Nyrt. has signed a long-term strategic agreement a month ago with leading Hungarian media company TV2 Group for the development and operation of the „Spíler Extra” application, which is planned to be a live broadcasting mobile platform with a primary focus on sports. The company has been providing the technological background for the Telenor MyTV app for three years, maintaining a reliable service for the telecommunications company and its users with exceptional quality by international comparison.