Reuters Television News Service Selects Virage to Distribute Searchable News Feeds to Affiliates Worldwide
Reuters' Television News Browse™ System Uses Virage Products To Provide Affiliate Stations with Instant, Desktop Access to International News Footage STREAMING MEDIA WEST CONFERENCE, SAN JOSE, California —December 7, 1999—Virage Inc., the recognized market leader in interactive video search products and services, announced that Reuters, the world leader in the production and distribution of news content, is using Virage's VideoLogger™ and Video Search Tools™ (VST) products to provide the critical video indexing and search infrastructure for their Television News Browse™ system. The system will allow Reuters' over 400 affiliate news stations around the world to use keywords to search incoming feeds and quickly find relevant news footage for reuse in their daily broadcasts. For the first time, subscribers to Reuters World News Service can get the exact clip they want, when they want it, accessible right from their desktops.
"With so much news video available to television broadcasters on a daily basis, it is important to Reuters that we are able to assist our customers in managing that video and in selecting the images they want to use," said Reuters' Director of Television and Visuals, Tony Donovan. "Incorporating Virage technology in our browse product will make a real difference to video management in newsrooms all over the world. We are delighted to be able to offer this facility and we firmly believe that this will be an addition to our service that will, in a short space of time, be greatly appreciated by the majority of our customers." More than fifty major stories a day go out from Reuters to its broadcast clients. Before Virage, affiliates lacked the ability to automatically search these stories, and had to manually watch the incoming feeds to find the video clips they wanted to use. Now, with VideoLogger's searchable video index incorporated into the Television News Browse system, Reuters' customers will have the ability to search through fourteen days' worth of Reuters' news stories without leaving their editorial desks.
The Television News Browse system uses Virage VideoLogger to automatically index outbound news stories in real time. Reuters then enhances the Virage video index with contextual information about each clip and distributes these stories via satellite, in both MPEG-2 and low bandwidth RealMedia file formats. Working off a shot list provided by Reuters, affiliates can simply type in a keyword to pull up the specific clips in which they are interested. They can also quickly browse thumbnail images of the video content. Thumbnails provide immediate access to specific portions of the video, which can be streamed right to their desktop PCs. By providing their customers with quick, accurate video search, Reuters gives their affiliates a powerful research and production tool for getting to air faster, with high-quality news material.
"This system gives our customers greater control," says Graeme Thomson, Reuters' Technical Director of Television and Media. "By using Reuters Television's News Browser, they will now be able to find the news clip they want very quickly. Virage indexing and search is one of a number of technology-based enhancements we are implementing to make our news more user-friendly.""We are excited to have been chosen to play a role in Reuters market-leading world news service," says Paul Lego, CEO of Virage. "In this digital age when more information is available than ever before, the ability for newscasters to quickly search for, find and deploy precise footage is a critical part of succeeding in the global TV news environment. Helping customers like Reuters succeed in making the transition from broadcast to broadband is Virage's primary goal." About Virage, Inc.
Virage is a leading provider of products and application services that transform video into searchable and interactive Internet content. Virage's VideoLogger™ and AudioLogger™ software set the standard for real-time indexing and distribution of video across the Internet or corporate intranets. Virage Interactive™ services provide content owners with the complete infrastructure for seamlessly integrating Internet-compliant video into their web sites. Virage has been named the market winner by industry analyst group Frost & Sullivan. Virage customers include ABC, AltaVista, Associated Press, BBC, CBS, CNET, CNN, Compaq, C-SPAN, FBI, Fox Sports, General Electric, General Motors, Harvard Business School, iVillage.com, Lockheed Martin, Lucent, NASA, NBCi/SNAP.com, New York Stock Exchange, NNT, ON24, Reuters, Swiss Radio-TV and Telecinco. Headquartered in San Mateo, CA, Virage was incorporated in 1995 to provide organizations with advanced methods for accessing and leveraging media assets.
About Reuters Group PLC Reuters (NASDAQ: RTRSY) supplies the global financial markets and the news media with the widest range of information and news products including real-time financial data, collective investment data, numerical, textual, historical and graphical databases plus news, graphics, news video, and news pictures. It reaches over 519,000 users in 57,720 locations and extensively uses internet technologies for wider distribution of information and news. Reuters designs and installs enterprise-wide information management and risk management systems for the financial markets as well as providing equity and foreign exchange transaction systems. Reuters provides news and information to over 225 Internet sites reaching an estimated 12 million viewers monthly. Reuters is the world's largest news and television agency with 1,946 journalists, photographers and camera operators in 183 bureaus serving 157 countries. News is published in 23 languages. Instinet, an international electronic agency stockbroker, is an independently managed subsidiary of Reuters. The Group employed 16,898 staff in 212 cities in 95 countries at June 30, 1999.
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