Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Wednesday, December 01 2021 - 12:00
AsiaNet
KKBOX Group Is Now KKCOMPANY
TAIPEI, Dec. 1, 2021 /PRNewswire-AsiaNet/ --

- Asia's leading media technology company sets eyes on growing global creator 
economy 

KKBOX Group, Asia's leading media technology group, announced that the company 
has changed its name to "KKCompany." KKCompany has expanded its business 
internationally through five major business lines: audio streaming platform 
KKBOX, OTT service KKTV, streaming solutions provider KKStream, live 
entertainment company KKLIVE and content accelerator KKFARM. The company's 
mission is to build "Freeways to Inspiration" that enable content creators from 
different industries to embrace new technology and digital transform their 
businesses.

"Over the past five years, we have diversified our product portfolio and began 
aggressively expanding globally. We have gone from perfecting music streaming 
to innovating live entertainment, making strategic IP investment and providing 
others with advanced streaming solutions and infrastructure," said Chris Lin, 
Group CEO of KKCompany. "Our overseas business accounts for 40% of our revenue 
today."

The global pandemic has undoubtedly changed the nature in which we experience 
events. In response to the growing demand for online events and experiences, 
KKStream worked with KKLIVE to build Taiwan's first one-stop online live event 
streaming platform "KKTIX Live" through its live video streaming product 
BlendVision Moment. The service is available for music performances, forums, 
fitness courses, symposiums and online classes.

BlendVision Moment, which supports low latency 4K streaming, multi-angle video 
and interactive features, allows audiences all over the world to enjoy and 
participate in interactive livestream based events. KKStream's BlendVision 
product line also includes BlendVision KALEIDO, a one-stop OTT technology 
service and BlendVision LOOM, a game changing AI-powered video encoding 
solution. All BlendVision products are equipped with complete DRM protection to 
help content owners tackle copyright infringement challenges. KKStream's 
clients include Japanese telecom giant KDDI, Global electronics manufacturer 
Foxconn Technology Group and Chunghwa Telecom, Taiwan's largest telecom 
operator. 


The Asia-Pacific OTT media streaming market is growing fast. According to 
Statista, it is expected to become a US$88.3 billion market by 2025. KKStream 
will continue to expand its business globally through BlendVision as well as 
its enterprise service and accelerate the growth of the KKCompany's revenue 
outside Taiwan.

About KKCompany

KKCompany is Asia's leading media technology group headquartered in Taipei, 
Taiwan. The company's mission is to make transformational technology 
accessible, affordable and enjoyable to the burgeoning global creator economy. 
Its shareholders include KDDI, GIC and HTC. (www.kkcompany.com)


SOURCE: KKCompany

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=408701

   Caption: Chris Lin, Group CEO of KKCompany

Translations

Japanese