JioHotstar, with over 450 Million Subscribers, Renews Beamr Contract for Video at Scale

Core Insights - JioHotstar has renewed its contract with Beamr Imaging Ltd., highlighting the importance of Beamr's technology in delivering high-quality video experiences at scale [1][2] Group 1: Company Overview - Beamr Imaging Ltd. (NASDAQ: BMR) specializes in video optimization technology and is recognized for its patented Content-Adaptive Bitrate (CABR) technology [1][4] - The company has established itself as a leader in content-adaptive video compression, with a client base that includes major media companies like Netflix and Paramount [4] Group 2: Technology and Benefits - Beamr's CABR technology allows JioHotstar to achieve 30%-50% reductions in storage and bandwidth costs while maintaining video quality [2][3] - The technology is designed to balance quality standards with operational efficiency, which is crucial for delivering media content to a large audience [3] Group 3: Market Position and Future Prospects - Beamr continues to renew contracts with major media and entertainment customers, indicating strong demand for its video solutions [3] - The company is advancing its offerings with innovative capabilities, including cost-effective 4K live streaming and AI-powered quality enhancements [3][5]