We are very excited to announce that IAC and Brightcove have entered into a corporate-wide partnership enabling any of its businesses to use our Internet TV platform to launch broadband video initiatives. The first three businesses to launch under the partnership include Ticketmaster, Citysearch and 23/6, with others to launch in the coming months.
IAC's network of online properties ranks as the 8th largest in the world (comScore, October 2007) with over 171 million unique monthly users worldwide.
IAC Chairman and CEO, Barry Diller, said of the deal, "Brightcove is in tune with the new content consumers want and has been able to recognize the need for effective video distribution in a world where computer screens are replacing television screens. By making this platform available across IAC we can continue to deepen engagement with our online audiences, expand the reach of our brands, and open powerful new revenue streams through online video advertising across our sites."