{"id":7025,"date":"2016-05-16T10:14:16","date_gmt":"2016-05-16T14:14:16","guid":{"rendered":"http:\/\/worldscreen.com\/tvusa\/att-acquiring-streaming-video-platform-quickplay\/"},"modified":"2016-05-16T14:50:52","modified_gmt":"2016-05-16T18:50:52","slug":"att-acquiring-streaming-video-platform-quickplay","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvusa\/att-acquiring-streaming-video-platform-quickplay\/","title":{"rendered":"AT&amp;T Acquiring Streaming Video Platform Quickplay"},"content":{"rendered":"<p>DALLAS: AT&amp;T is set to acquire Quickplay Media, which provides OTT video and TV Everywhere services, from Madison Dearborn Partners.<\/p>\n<p>The transaction is subject to pre-merger review under the Hart-Scott-Rodino Act in the U.S. and the Competition Act in Canada and to other customary filings and approvals. Both companies plan to close the deal by mid-2016. Quickplay\u2019s platform currently supports AT&amp;T\u2019s U-verse TV Everywhere offering and will support the streaming offers DIRECTV Now, DIRECTV Mobile and DIRECTV Preview, which AT&amp;T plans to introduce later this year. These new plans will allow viewers to stream DIRECTV content over the internet to virtually any device.<\/p>\n<p>\u201cOur strategy is to deliver video content however, whenever and wherever,\u201d said John Stankey, the CEO of AT&amp;T Entertainment Group. \u201cQuickplay&#8217;s multitenant IP distribution infrastructure, combined with AT&amp;T&#8217;s leading scale in IP-connected end points, will allow us to host and distribute all forms of video traffic. We intend to scale and operate an industry-leading video distribution platform, and viewers will get the high-quality online video viewing experience they desire.\u201d<\/p>\n<p>\u201cWe\u2019ve spent more than a decade developing an advanced technology and service platform that can deliver premium video content to any device and over any network,\u201d said Wayne Purboo, the founder and CEO of Quickplay. \u201cOur solution is highly automated and scalable. With AT&amp;T, we\u2019ll have the resources we need to further scale, grow the business, and continuously enhance that platform. Our team is proud of what we\u2019ve built so far and excited to join the AT&amp;T family. This combination will help us power the next generation of video services.\u201d<\/p>\n<p>AT&amp;T plans to retain Quickplay\u2019s more than 350 employees and contractors. \u201cQuickplay\u2019s talented team of people is critical to our success,\u201d Stankey added. \u201cTheir knowledge and skills are a key part of executing our video strategy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DALLAS: AT&amp;T is set to acquire Quickplay Media, which provides OTT video and TV Everywhere services, from Madison Dearborn Partners.<\/p>\n","protected":false},"author":350,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[183,635],"class_list":["post-7025","post","type-post","status-publish","format-standard","","category-top-stories","tag-att","tag-quickplay-media"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AT&amp;T Acquiring Streaming Video Platform Quickplay - 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