See New Streaming Service to Launch in Africa

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V-Nova, a provider of video compression technology, announced the launch of a new streaming service called Movies, Video, Music, Opportunities (MVMO) in Africa in late 2019.

The company will partner with cutting-edge OTT television provider Simplestream and combine enhancements based on the V-Nova P + codec and a simple Simplestream platform to deliver diverse content to audiences around the world. continent.

P + supports the future MPEG-5, Part 2, LCEVC compression standard. This means that MVMO will be one of the first platforms to implement it. According to V-Nova, MVMO will watch videos where there is a telephone signal.

MVMO (Movies, Video, Music, Opportunity) is, according to V-Nova, a distribution platform developed in association with the Creative Africa Exchange (CAX), a marketplace targetted at the creative and cultural industry, sponsored by Afreximbank.

MVMO will help consolidate the increasing demand for high-quality streaming content across Africa.

MVMO is currently undergoing trials in several locations in Nigeria with other countries to be announced. MVMO is partnering with global content providers such as Times Multimedia TMM, which will serve as the platform’s exclusive news affiliate. MVMO aims to allow independent producers to publish and monetize their content. This is said to support the increasing number of African creative industries.

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