Triton Digital Media Buys StreamTheWorld

Triton Digital Media has acquired StreamTheWorld, a Montreal-based content delivery network focused on the broadcast industry. No financial terms were disclosed. StreamTheWorld had raised VC funding from Propulsion Ventures.

PRESS RELEASE
Triton Digital Media (www.tritondigitalmedia.com), the leading provider of digital applications, services and content to the broadcast industry, announced today the acquisition of StreamTheWorld, the premium content delivery network focused on the broadcast industry. Prior to the acquisition, Triton Digital was the largest individual StreamTheWorld shareholder and exclusive marketing partner in the United States.

Simultaneous with the acquisition, Triton will merge operations of StreamTheWorld with Ando Media to create The Ando Media Group. “The Ando Media Group is the first ever end-to-end technology provider for the streaming marketplace. Content delivery, audience measurement, ad insertion and real-time proof of performance will now all be delivered by one company, inside of one intuitive console, to best serve our clients” said Triton COO Mike Agovino. Ando Media Group President Yves Eric Laliberte added, “After working with Ando for many years and tracking the evolution of the business and marketplace, it became clear that an integrated offering providing a turnkey solution would simplify the value chain and stimulate marketplace growth. Our combined platform will enable us to work with clients from the inception of the stream through the successful delivery of targeted ads.

The more straight-through the process, the more efficient and effective the results for our clients.” StreamTheWorld is the largest live streaming delivery provider that focuses exclusively on broadcasters. Ando Media is the standard in audience measurement for streaming audio and inserted more than ten billion ad impressions in 2009, many through StreamTheWorld servers. “We’ll start by vertically integrating the offerings to enhance the value proposition to our clients,” said Agovino. “Long term, the new Ando Media Group will lead the way forward providing the innovation, technology and monetization offerings this rapidly growing space needs and our clients have come to expect from Triton.”

About Triton Media Group, LLC
Triton Media Group, LLC (www.tritonmedia.com) is the leading supplier of digital products and services to the media industry. Its Triton Digital division supports more than 6,000 radio station affiliations with applications and content. Through its Triton Radio Networks division, Triton owns and operates Dial-Global (www.dial-global.com), which provides sales representation services to national radio production companies, producing more than 100 different programs and services in
addition to providing syndicated programming and services to radio.

About Ando Media
Ando Media is the leading provider of real-time audience measurement and ads management solutions for the internet audio market. Ando Media is committed to enabling its clients to monetize their digital assets: audio, online, video and mobile. For more information visit www.andomedia.com.