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Nanotech Entertainment Inc NTEK
(Total Views: 707)
Posted On: 05/24/2018 1:00:30 PM
Post# of 96892
Avatar
Posted By: intelligentPMC
Re: Zattnt #90455
The benefits of Ultraflix streaming at a slower Internet speed has more so to do with how the volume of streams are handled versus the capability of the consumer. The lesser MB to stream, the cost is significantly reduced when you are talking about millions of streams for the host where the content is stored and streamed from.

Consumers can have fast internet connections and stream most content without issues, it all boils down to the bottom dollar of the host. The lesser MBPS the stream is, the more cost effective for the company offering the stream.

The company's goal is to offer the highest quality product at the most cost effective stream.

From the most recent Shareholder Meeting:

http://www.ntek.com/shareholderletters/2018-0...Review.pdf

Quote:
This past year the company expanded our technical partnerships with Google
Cloud and Hybrik. Moving our network operations to Google Clouds global
infrastructure has allowed for significant performance gains and cost reductions .
In addition, by using Hybrik’s cloud technology that takes advantage of AWS spot pricing, our encoding times have been reduced from hours to minutes and costs have been cut by 90% . 4K movie delivery costs have been reduced by 50%, and will be further reduced in the coming year as plans to sign a long-term contract with Sony DADC to further reduce network delivery costs.


















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