Online Streaming Platforms Becoming Preferred Choice For
Businesses to Broadcast & Deliver Content to Users &
Worldwide Audiences
Coral Springs, FL -- June 10, 2016 -- InvestorsHub
NewsWire -- Companies, businesses including Entertainment
Artists depend more and more upon digital streaming online
platforms for delivering content globally to consumers as the
digital media sector is growing at a rapid pace. The
latest online streaming developments are partly responsible for a
huge source of the growth spurt in the broadcast/wireless sectors
as consumers are desiring more streaming options for enhanced
convenience.
In digital content broadcasting news in the markets today of
importance: Cleartronic, Inc. (OTC: CLRI) executed a Letter
of Intent with iStream Network, Inc. to acquire and spin-off
iStream Network as its own separate trading entity by filing a Form
10 with the Securities and Exchange Commission with Cleartronic
shareholders retaining a (12%) percent interest in the issued and
outstanding stock of iStream. Should a spin-off occur, iStream
would obtain its own CUSIP, be assigned its own trading symbol and
be an independent company with a registered class of stock.
iStream broadcasts and deliver content globally from a multitude of
venues as well as through relationships with entertainment
companies including www.proselect.com , a content
provider which recently executed an exclusive delivery agreement
with iStream network. Proselect works with some of the top artists
in the world and their events have been viewed by millions
worldwide.
Read the full Cleartronic (CLRI) Press Release
at: http://www.financialnewsmedia.com/profiles/clri.html
There are great synergies between the two companies, said Larry
Reid, CEO of Cleartronic, we envision using iStream technology in
many facets of our business, and if the spin-off occurs we
anticipate distributing Cleartronics iStream shares to our
shareholders of record as a special dividend. It just makes
sense that two companies of like-mindedness work together in
achieving their goals, we couldnt imagine a better opportunity than
working together with Cleartronic. Said Jory Staton, CEO of
iStreamNetwork, Inc.
In other broadcast/wireless developments of importance in the
markets; SiriusXM (NASDAQ: SIRI) and Sonos last
month announced the debut of SiriusXM Music for Business on Sonos.
SiriusXM Music for Business is now available for the first time for
businesses using Sonos wireless products. The easy-to-use
Sonos app enables restaurants, hotels, offices, retailers, and
other businesses to integrate SiriusXM's wide-variety of licensed
commercial-free music from every genre without additional
equipment. SiriusXM Music for Business paired with Sonos
allows businesses to meet the unique requirements of each
environment and enhance the customer experience.
Pandora (NYSE: P), the go-to music source for fans and
artists, this week announced its new visual ad experience a series
of native, mobile ad formats that make rich media, video and
display ads more impactful and effective for marketers. Built to
tap into the power of Pandoras 80 million monthly active users, it
gives listeners more control over the ads they see and delivers
stronger results for brands. The ads launch in beta this summer
with Express and the Lexus Dealer Association, and will be
available to all advertisers later this year.
Amazon (NASDAQ: AMZN) announced plans for a new technology
development center in downtown Minneapolis that will create 100
full-time, technology-focused jobs. To celebrate Amazons expansion
in the Minneapolis community, Amazon is donating $10,000 plus
mentoring support to local nonprofit Code Savvy to help the groups
mission of encouraging youths understanding of coding and promoting
diversity in the technology industry. Amazon currently has hundreds
of employees in Minnesota and is in the process of hiring an
additional 1,000 full-time employees for its new Shakopee,
Minnesota, fulfillment center.
Vodafone PLC (NASDAQ: VOD) (VOD.L) said it was merging its
New Zealand unit with the country's biggest pay-TV firm, Sky
Network Television (SKT.NZ), in a $2.4 billion deal that will enable it to
offer customers packages of entertainment, broadband and mobile.
The biggest deal in New Zealand this year will give Sky Network the
chance to expand beyond its traditional satellite broadcast market,
which has been shaken up by the arrival of Netflix and Apple Inc's
(AAPL) online content service. Sky's shares jumped nearly 20
percent. Vodafone said the tie-up would enable it to offer Sky's
sports and entertainment programming to its mobile and fixed-line
subscribers who increasingly wanted to access more content and
communications from a single provider.
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