Not true.... Management has the major role in the
Post# of 39368
Management has the major role in the success.
You also fail to mention VSTH, basically the predecessor to all online streaming, Youtube Netflex and a cast of others.
It was VSTH and Macromedia that started the flash streaming media...
10 cents to 8 bucks before being bought out by INAP.
Internap Network (INAP) to Acquire VitalStream (VSTH) for Approx. $217 Million in Stock
Internap Network Services (NASDAQ: INAP ) announced it has reached a definitive agreement to acquire VitalStream Holdings, Inc. (NASDAQ: VSTH ).
Under the terms of the transaction, Internap will issue approximately 11.9 million shares of common stock in respect of outstanding VitalStream common shares, which will represent approximately 26% of the combined company's shares.
This is an exchange ratio of 0.5132 Internap shares for every VitalStream share. In addition, Internap will assume VitalStream's currently outstanding stock option plans. Based on the closing price of Internap's stock on October 11, 2006, the transaction is valued at an aggregate purchase price of approximately $217 million. The acquisition is expected to close by the first quarter of 2007.
Your link....
http://www.secinfo.com/dX3Ak.1r.c.htm
We put it together at VSTH....
Macromedia and VitalStream Deliver Flash Video Streaming Service
San Francisco, CA—Macromedia, Inc. (Nasdaq: MACR) VitalStream,Inc. (OTC: VSTH), a worldwide leader in digital broadcasting solutions,announced the immediate availability of the Macromedia Flash VideoStreaming Service powered by VitalStream. The service enables companiesto quickly and easily deliver video-enabled Flash content across ahigh-performance, reliable content distribution network to MacromediaFlash Player, the most widely distributed player with videocapabilities. For more information, visit www.macromedia.com/go/fvss .
"Macromedia Flash is quickly becoming the video format of choiceonline because of the power it gives companies to provide a greatseamless experience across a wide number of platforms," said ChrisHock, director of product management, Macromedia. "By partnering withVitalStream, companies will be able to quickly use this service todeliver high-quality, on-demand video in the fastest manner possiblewithout having to install and maintain streaming video servers."
"VitalStream built both its name and reputation by deliveringsolutions specifically tuned for streaming media," said Paul Summers,chief executive officer, VitalStream. "By working with Macromedia, weare providing the infrastructure for companies to reliably delivergreat user experiences that can scale to meet the needs of any sizedeployment."
Flash video content enables a better user experience because of itsunique ability to include interactivity, synchronize the video to othersite elements, play back within the browser, and not deliver additionalbranding or advertising. The Macromedia Flash Video Streaming Servicepowered by VitalStream enables companies to deliver this content easierand more effectively by taking advantage of VitalStream's contentdelivery network to ensure high-performance video delivery withbuilt-in load balancing and full redundancy, as well as a full suite oftracking and reporting tools.
Sundance Online Film Festival ( www.sundanceonlinefilmfestival.org )is utilizing the service to deliver dynamic, streaming video content topromote the film festival and highlight the films. Flash video providesSundance Online Film Festival with the ability to deeply integratevideo content directly in its site and ensure that design matches theoverall experience without having to worry about whether the sitevisitor will be able to see the video.
"The Sundance Online Film Festival chose to use Flash video becausewe wanted our site visitors to have a unique experience. Because wewere on a tight deadline with hundreds of films, we needed to find away we could quickly deploy Flash video to a large, global audience,"said Amye Rita Osti, executive producer, Sundance Online Film Festival."Using the Macromedia Flash Video Streaming Service powered byVitalStream, we were able to solve all of the questions around how todeliver a cinematic experience artistically, reliably, and effectively,and focus instead on integrating the video deeply into ourwebsite."