Media professionals gathered this week at the NY British Consulate’s office to discuss the future of live news video streaming. The panel was organized by Streamworks International, a British company that has operations in NY, which develops software that brings live streaming video to news websites, mobile devices, and tablets. According to Xconomy Ray Mia, CEO of Streamworks, noted that live streaming on mobile devices is shifting the dynamics of news and media, Most of the company’s clients are based out of the United States (including YouTube) and the company plans to continue to expand operations into NY-metro area.
Mia expects the business model for news to evolve with live streaming, as he said at the panel, “If live [streaming] is done well, it can be monetized. Publishers want to deliver [content] anywhere. It’s all about click and play.”
During the panel, Mia was joined by Joe Ruffolo, Senior VP of digital Media at ABC News, Roy Sekoff, president of HuffPost Live, Andrew Heyward, senior adviser of Monitor Group and former president of CBS. The panel was moderated by Merrill Brown, adviser to Streamworks and former editor in chief of MSNBC.com.
[Editor's Note: Streamworks is a client of Trylon SMR, owned by Trylon Communications, Inc., the parent company of NY Convergence]