Loudeye Teams With Dell, StorageTek and Foundry Networks to Deploy Next Generation Digital Media Infrastructure
April 27 2004 - 8:05AM
PR Newswire (US)
Loudeye Teams With Dell, StorageTek and Foundry Networks to Deploy
Next Generation Digital Media Infrastructure Loudeye's Media
Operations Center Now Capable of Processing 4.2 Million Digital
Music Tracks a Week Through Migration to High Performance Online
Digital Media System SEATTLE, April 27 /PRNewswire-FirstCall/ --
Loudeye Corp. , the worldwide leader in business-to-business
digital media solutions, today announced it teamed with industry
leaders such as Dell, StorageTek and Foundry Networks to advance
its world renowned media operations center through the deployment
of next generation digital media infrastructure. The combination of
new technology and system advancements to Loudeye's $70 million
media operations center significantly expands the speed,
efficiency, volume and capacity of Loudeye's digital media
processing, management and distribution services. Through the new
infrastructure assets and capabilities, Loudeye is migrating its
entire archive of digital music to an optimized online system using
Fibre Channel disk and Gigabit Ethernet. The migration to a true
"online" environment provides near instant and automated processing
of digital media files in any format or size. As a result,
Loudeye's production capacity will grow from a current rate of
490,000 digital music files a week to approximately 4.2 million
files a week, or 25,000 an hour. Loudeye is integrating PowerEdge
servers to function as encoders, increasing digital media
processing capabilities by more than 50%. Additionally, Loudeye is
deploying disk and controllers from StorageTek(R), adding more than
200 terabytes of storage, enabling real-time encoding, and pushing
Loudeye's total aggregate storage capacity to nearly one thousand
terabytes, or one petabyte. Foundry Networks provided the advanced
network switch infrastructure for supporting the underlying
architecture and network flow. "Loudeye's deployment of our storage
management systems significantly reduces the complexity and
administrative demands of operating a high volume digital media
center," said Michael McLay, StorageTek's vice president of sales
and service. "We worked closely with Loudeye to evaluate the
specific technical demands of migrating their music archive online
and bolstering their processing capabilities. StorageTek's industry
premium D280 disk system, combined with additional, high
performance servers and controllers, provides a highly effective
solution for creating, managing and processing hundreds of millions
of digital media files in an online environment." Loudeye's media
operations center is one of the most sophisticated digital media
facilities in the industry and houses the world's largest archive
of digital music stored in original, uncompressed .WAV format.
Loudeye's digital music archive, currently housing 4.5 million full
song digital media tracks with associated metadata and cover art,
is rapidly growing through the addition of independent label
content from around the world as a result of the recently announced
Loudeye IndieSource program. "To date we've delivered tens of
millions of digital media files and delivered more than a billion
music clips to our customers around the world," said John Martin,
Loudeye's executive vice president of technology and development.
"As companies continue to enter the market and existing companies
enhance their digital media presence, access to the latest digital
media technologies and systems is critical to their success. These
advancements to our media operations center move our already
industry leading infrastructure to the next level, ready to support
high volume digital media projects, emerging business models and
high bandwidth requirements associated with other media including
computer games, software and digital video." About Loudeye Corp.
Loudeye is the worldwide leader in business-to-business digital
media solutions and the outsourcing provider of choice for
companies looking to maximize the return on their digital media
investment. Loudeye combines innovative products and services with
the world's largest music archive and the industry's leading
digital media infrastructure enabling partners to rapidly and cost
effectively launch complete, customized digital media stores and
services. For more information, visit http://www.loudeye.com/.
About StorageTek StorageTek is a $2 billion global company that
enables businesses, through its information lifecycle management
strategy, to align the cost of storage with the value of
information. The company's innovative storage solutions manage the
complexity and growth of information, lower costs, improve
efficiency and protect investments. For more information, see
http://www.storagetek.com/. Forward Looking Statements This release
contains forward-looking information within the meaning of the
Private Securities Litigation Reform Act of 1995, including
statements about Loudeye's relationship with Dell, StorageTek and
Foundry Networks, and the use, performance, expected benefits and
projected revenue associated with Loudeye's digital media solutions
and enhancements to its music infrastructure; and statements by
Loudeye's executive vice president of technology and development.
These statements are based on current estimates and actual results
may differ materially due to risks, including the possibility of
adverse changes in the market for distribution of digital audio and
video that Loudeye serves; adverse or uncertain legal developments
with respect to copyrights surrounding the creation and
distribution of digital content; pricing pressures and other
activities by competitors; the failure of Loudeye's hosting
infrastructure; the complexity of Loudeye's services and delivery
networks; any problems or failures in the structure, complexities
or redundancies of Loudeye's network infrastructure; failures in
third party telecommunication and network providers to provide
required transmission capacity; Loudeye's capacity to scale and
support third party technologies; lack of market acceptance for
Loudeye's products and services; the possible delay in the adoption
of digital media or related applications on the web in general; and
other risks set forth in Loudeye's most recent Form 10-Q, Form 10-K
and other SEC filings which are available through EDGAR at
http://www.sec.gov/. Loudeye assumes no obligation to update the
forward-looking statements. NOTE: StorageTek and the StorageTek
logo are registered trademarks of Storage Technology Corporation.
Other names mentioned may be trademarks of Storage Technology
Corporation or other vendors/manufacturers. DATASOURCE: Loudeye
Corp. CONTACT: media, Karen DeMarco of mPRm, +1-323-933-3399, or ,
for Loudeye; or investors, Michael Dougherty of Loudeye,
+1-206-832-4000, or Web site: http://www.storagetek.com/ Web site:
http://www.loudeye.com/
Copyright
Loudeye (NASDAQ:LOUD)
Historical Stock Chart
From Aug 2024 to Sep 2024
Loudeye (NASDAQ:LOUD)
Historical Stock Chart
From Sep 2023 to Sep 2024