iWorld
Harmonic and Veygo team up to deliver end-to-end ott solution, successfully deployed by indonesia’s AMTV
MUMBAI: Harmonic (NASDAQ: HLIT), the worldwide leader in video delivery technology and services; and Veygo, a leading provider of multiscreen user experience software solutions for the broadcast, media and entertainment industries; today announced they have teamed up to create an end-to-end SaaS solution for OTT video delivery. Veygo’s Meta_Video Player™ for content and subscriber management, secure player, analytics and applications, has been integrated with Harmonic’s Electra™ media processor and VOS™ 360 media processing SaaS to provide operators with a cloud-based, pay-as-you-grow solution that speeds up the time to market for OTT offerings. The combined Veygo-Harmonic solution has been successfully deployed by Indonesian streaming provider AMTV for its new premium multiscreen service.
“Today’s OTT service providers are keen on providing exceptional quality of experience to end-users on every screen,” said Jean-Christophe Perier, Founder and CEO at Veygo. “The secret behind our winning solution with Harmonic is an off-the-shelf application combined with real-time analytics enabling unparalleled QoE monitoring and personalization capabilities, thus boosting user engagement and retention for multiscreen service providers.”
Harmonic’s VOS 360 SaaS handles the entire media processing chain from ingest to playout, compression, packaging and OTT delivery for both live and on-demand content. Being a cloud-based solution, it offers video content and service providers increased agility and scalability, which are critical in the OTT environment. OTT services can be scaled up and down based on actual needs, a capability that is particularly useful for managing ad-hoc events.
“The workflow integration between Veygo and Harmonic solutions is absolutely seamless,” said Aldo Bon Suriasantika, COO at AMTV Media. “Working with two specialists in their respective fields — Veygo for data-driven user experience and Harmonic for cloud-based media processing — allows us to focus on the content and marketing aspects of our new multiscreen business, entrusting the technology and content delivery to the experts.”
“A typical predicament for content providers is the desire to swiftly launch an OTT service without having the time or the resources to integrate technology solutions from multiple vendors and validate a platform,” said Tony Berthaud, Vice President of Sales, APAC, at Harmonic. “Harmonic’s open architecture solutions philosophy and extensive range of pre-integrated ecosystem partners help to speed up and uncomplicate that process. Harmonic and Veygo are at the leading edge of new OTT technologies, enabling innovations such as low-latency OTT delivery via the new CMAF specification.”
Harmonic will showcase its award-winning Electra and VOS solutions portfolios at the 2018 NAB Show, April 9-12, in Las Vegas at booth SU810. Further information about Harmonic and the company’s solutions is available at www.harmonicinc.com.
iWorld
Netflix cuts jobs in product division amid restructuring
Layoffs hit creative studio unit as leadership and strategy shifts unfold.
MUMBAI: The streaming wars may be fought on screen, but the latest plot twist is unfolding behind the scenes. Netflix has reportedly begun laying off several dozen employees from its product division as part of an internal reorganisation, according to a report by Variety. The cuts are believed to have primarily affected the company’s creative studio unit, which works on marketing assets such as in app trailers, promotional visuals and live experience content for the streaming platform.
The company has not disclosed the exact number of employees impacted.
According to the report, the layoffs were not tied to employee performance. Instead, the restructuring eliminated certain roles while other employees were reassigned to different teams within the organisation.
The roles affected are understood to include designers, producers and creative specialists responsible for marketing and brand experience initiatives.
The job cuts come as Netflix adjusts its leadership structure and reshapes its product and creative teams. Last month, Elizabeth Stone was promoted from chief technology officer to chief product and technology officer, giving her oversight of product, engineering and data operations across the company.
Earlier, in December 2025, Netflix also appointed Martin Rose as head of creative for global brand and partnerships, a move seen as part of a broader restructuring of the company’s brand and product functions.
Despite the layoffs, Netflix remains one of the largest employers in the streaming sector. The company is estimated to employ around 16,000 people globally, with roughly 70 percent of its workforce based in the United States and Canada. In 2023, the company reported approximately 13,000 employees, indicating that its headcount had grown significantly before the latest restructuring.
The workforce changes arrive at a time when Netflix is navigating a shifting financial and strategic landscape in the global entertainment industry.
The streaming giant recently secured $2.8 billion in additional cash after receiving a breakup fee from Paramount Skydance following its withdrawal from a deal involving Warner Bros. Discovery.
Speaking to Bloomberg, Netflix co chief executive Ted Sarandos explained that the company had evaluated multiple scenarios during the negotiations but chose not to match the competing offer once it learned that a higher bid had been submitted.
Netflix had capped its offer at $27.75 per share and ultimately stepped back rather than pursue Paramount’s $111 billion acquisition deal, which included a personal guarantee.
Sarandos also cautioned that the financing structure behind the Paramount Skydance transaction could have ripple effects across the entertainment industry.
According to him, the debt heavy deal could trigger significant cost cutting, with David Ellison, chief executive of Paramount Skydance, expected to eliminate about $16 billion in costs and potentially cut thousands of jobs as part of the integration process.
For Netflix, the current restructuring appears to be part of a broader attempt to streamline operations while continuing to invest in product, technology and global content even as the streaming industry enters a new phase of consolidation and financial discipline.
