Concurrent Secures Another US Patent for Multi-Screen Video Technology

ATLANTA--(BUSINESS WIRE)--Concurrent (NASDAQ: CCUR), a global leader in multi-screen video delivery and media data intelligence software solutions, today announced it was awarded U.S. Patent No. 8,650,601 entitled “Video On Demand Management System”. The patent was issued for a method of positioning content files and intelligently managing content assets in a multi-tier video server network. Intelligent asset management is commonly used in streaming video applications such as video-on-demand, time-shifted TV, and network-based digital video recording (nDVR) to improve the efficiency of file-based content distribution across a geographically disperse network. Concurrent’s patented method defines a way to manage content placement based on attributes such as consumer demand, content usage, content age, the presence of advertisements, and other advertising related information. Using this information, content can be positioned as efficiently as possible to ensure the highest consumer quality of experience, the best use of storage resources, and the lowest network transport cost.