AT&T Invests $70 Million in Content Delivery Network

It looks like the battle to deliver media into our homes just got kicked up a notch. According to a recent article at xchangemag.com, AT&T is once again trying to take over the world. According to the article:
AT&T has added new partners and invested $70 million for its content delivery network. The goal is to fuel development of services aimed at helping companies package and deliver web content to the TV, PC and mobile device.
AT&T's Digital Media Solutions suite already includes services for content distribution and management as well as broadcast video and digital signage. The telco has teamed with software firms ExtendMedia, Qumu and Stratacache, that format and package content for streaming video, live and on-demand webcasting and the delivery of advertising.
By yearend, AT&T will complete its $70 million global CDN network infrastructure investment. In the coming months, the telco says it will work with the new software partners to provide "one-stop shopping and simplified network-based solutions to encode, deliver, manage and support video and multimedia files."
No suprise AT&T is making the move. The battle for to deliver multimedia content to consumers is getting ready to heat up and that's great news for consumers.
At xchangemag.com
AT&T Press Release
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Posted by William Hungerford at July 3, 2008 12:00 PM