Bitcentral powers the next generation of OTT monetization for cryptocurrency-based service Rewarded TV

May 25 2022

Bitcentral’s FUEL + Powr.tv solution drives Rewarded TV to scale across multiple platforms and increase viewer engagement rapidly

NEWPORT BEACH, Calif., May 25th, 2022 – Bitcentral Inc., the provider of award-winning efficient media workflows for broadcast and digital video, today announces that its FUEL + Powr.tv streaming solution has been chosen by Replay, a real-time video tracking and payments platform, to power its newly launched streaming service Rewarded TV.

Rewarded TV is an innovative streaming service that enables users to earn RPLAY, a TNT-20 crypto token, in real-time just for watching, sharing, and engaging with content on the service. Bitcentral’s industry-leading FUEL + Powr.tv platform creates dynamic linear channels from Rewarded TV’s VOD library and syndicates them efficiently and effectively through one unified workflow to Rewarded TV’s third-party endpoints, including Android TV, Apple TV, Amazon Fire TV, Roku TV, and Smart TV. As well as enabling Rewarded TV to reach a wider audience, FUEL + Powr.tv increase viewer engagement through a live chat feature.

Bitcentral provides Replay with a best-in-class solution suite that is pre-integrated and tested, eliminating vendor and content duplication while lowering complexity and cost. Rewarded TV will introduce new means of instant video monetization based on real-time access and NFT-gated premium content, using Bitcentral’s solutions to manage content libraries, scale streaming applications, and enable social video features.

The project sees Powr.tv, which was acquired by Bitcentral earlier this year, integrated with Bitcentral’s online video platform, FUEL, to deliver a suite of capabilities that simplify video management and streaming monetization, consumer application experience, and distribution for broadcasters, publishers, and media companies. The combined platform provides users with the tools to eliminate integration challenges and vendor management fatigue, improving the time-to-market and increasing ROI on their valuable content.

Krish Arvapally, CEO of Replay, said: “We turned to Bitcentral to power Rewarded TV because its full suite of video streaming solutions enables us to scale rapidly across mobile, web, and OTT to concentrate on delivering real-time video payment and tracking. Enabling social engagement and community building with live chat and live event support, Bitcentral aligns with our vision of community-led video.”
Greg Morrow, General Manager, Streaming Media Group, said: “The industry is rapidly changing, and Rewarded TV is offering the market a refreshing new approach. It’s a great example of the enormous flexibility that FUEL + Powr.tv provides to support innovation in OTT. Our platform provides a powerful turnkey solution that offers a more cost-effective way for the Rewarded TV team to deploy their library wherever the viewer wants to watch. This toolset is combined with our 20-plus years of experience in broadcast to mean we can be a true partner to Rewarded TV rather than just a technology provider.”

Rewarded TV is available in North America now at www.rewarded.tv

###

About Bitcentral, Inc.

From global brands to TV stations and digital publishers, Bitcentral is driving a new future in storytelling. For over 20 years, we’ve helped broadcasters and publishers deliver the biggest stories in news, sports, and entertainment to the widest audiences. Our systems are used by over a thousand media and entertainment organizations to simplify the production, asset management, distribution, and monetization of content everywhere.

With Core News™, we provide unparalleled reliability and agility for content production. We offer full flexibility for playout with Central Control™ and Veset Nimbus, covering on-premise CAPEX operations or cloud-based OPEX capabilities. FUEL™ and Powr.tv provide a next-generation streaming platform that is easy to deploy, manage, maintain, and builds and nurtures content communities by supporting any business model. Learn more at www.bitcentral.com.

About Replay

Replay is the blockchain video tracking & payments platform powering the web3 content economy. Replay tracks video consumption in real time, removing monetization friction for content creators and delivering unparalleled transparency into viewership and performance. Built on Theta’s blockchain protocol, Replay enables digital-ready streams that are trackable on the blockchain and available for distribution via a consumption-based model, using the RPLAY TNT-20 token to decentralize and reimagine video streaming, tracking and payments.

To learn more, please visit www.imaginereplay.com or reach out at hello@imaginereplay.com.

Media Contacts:
Paul Davies and Reece Hainesborough at Platform Communications
bitcentral@platformcomms.com
+44 (0)20 7486 4900