Eluvio, a content blockchain pioneer, has announced a comprehensive set of capabilities that will enable direct sell-through, engagement, and streaming of premium video directly from publisher to consumer.
The company revealed the offering ahead of the 2023 NAB Show and is now available on its website. The features include scalable decentralized streaming, content distribution and storage, and advanced media services with the addition of on-chain payments and multi-party royalty settlement capabilities.
Eluvio has also announced new “Powered by Eluvio” tiers of service for its utility blockchain content network, which has turnkey-Web3 native capabilities for content distribution and monetization, designed for independent creators through the creative enterprise. This includes turnkey and customizable digital marketplaces, websites, and live events that enable direct sell-through and streaming of premium video, immersive, and other digital content and direct engagement from brand to user.
Eluvio Blockchain Content Fabric is a utility blockchain network for owner-controlled storage, distribution, and monetization of video, music, and other digital content at scale. Its built-in “Web3 CDN” capability enables secure, ultra-low latency, high-quality 4K video streaming (live and on-demand) for content creators and owners to support entertainment experiences and new monetization opportunities.
Eluvio now supports instant royalty settlements and payments to multiple parties directly on the blockchain, which is a first-of-a-kind feature that enables content owners to automatically pay out royalties to all contracted parties at the time of sale and resale. These on-chain settlements and payments are realizable directly in the Content Fabric, recorded in its ledger and are provable and tamper-free.
Eluvio offers turnkey video marketplaces (live, on-demand, and XR immersive) and streaming video experiences (browser and connected TVs) with built-in support for blockchain loyalty and fan engagement programs. It creates new monetization opportunities for video archives; AVOD, SVOD, FAST, direct-to-consumer (D2C) OTT channels; live streamed events; Web3 digital collectables and interactive multimedia/video NFTs; and more.
Michelle Munson, Eluvio CEO and Co-founder, said: “Many things have come together to allow us to bring a new utility network option for streaming video and the monetization of creative IP to the industry at this scale.”
“This is just the beginning of a new era for content, where its intrinsic value can both be enjoyed and maximized between publishers, users, and brands,” Michelle added.
Eluvio has won a “NAB Product of the Year Award” for broadcast TV’s first major NFT endeavor. Companies, artists, and brands whose content blockchain initiatives have been powered by Eluvio include FOX Entertainment, Globo, MGM Studios, Microsoft, SONY Pictures, Warner Bros. Home Entertainment, Universal Music Group, WWE, The Masked Singer, Dolly Parton, Black Eyed Peas, Rita Ora, and many others. Full pricing and feature details are available on Eluvio’s new website.