Akamai Selected as MLB Advanced Media's Content and Streaming Delivery Platform.Business Editors/High-Tech Writers CAMBRIDGE, Mass. & NEW YORK--(BUSINESS WIRE)--March 15, 2004 Multi-year agreement with MLB MLB Major League Baseball MLB Minor League Baseball MLB Middle Linebacker (football) MLB Motor Life Boat MLB Matt Leblanc (actor) MLB Mother Love Bone (band) (Major League Baseball "MLB" and "Major Leagues" redirect here. For other uses, see MLB (disambiguation) and Major Leagues (disambiguation). Major League Baseball (MLB) is the highest level of play in North American professional baseball. ) Advanced Media covers MLB.com and all 30 major-league team Web sites Akamai Technologies Akamai Technologies, Inc. (NASDAQ: AKAM) is a company that provides a distributed computing platform for global Internet content and application delivery, headquartered in Cambridge, Massachusetts. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AKAM AKAM Akamai Technologies, Inc. (stock abbreviation) AKAM Automated Key Access Machine ) and MLB Advanced Media, LP (MLBAM MLBAM Major League Baseball Advanced Media ) today announced the selection of Akamai for Major League Baseball content distribution and streaming of audio and video. Under the multi-year agreement, Akamai will provide content delivery of MLB.com and Major League Baseball's 30 team Web sites including streaming of Major League Baseball live and on-demand video and audio game-casts. The integration with Akamai began last month, and will be fully operational by Opening Day. Akamai's support of multiple media formats enables MLBAM to offer fans a choice of media players. Joe Choti, senior vice president and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of MLB Advanced Media, which is owned jointly by all 30 major-league teams, stated, "There is tremendous interest in baseball and the content of baseball, and we are looking forward to the start of another exciting season. Our relationship with Akamai supports our efforts to provide baseball fans all over the world with a consistent, high-quality online experience at all times." "The passion for Major League Baseball and the ubiquity of the Internet make for a perfect match," said George Conrades, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Akamai. "We're excited to bring the two together in a rich, engaging experience for all fans." Major League Baseball is the leader among major U.S. professional sports leagues To comply with Wikipedia's lead section guidelines, one should be written. in bringing live audio and video to the Web. MLB.com offers live audio broadcasts of all games, and in 2003, began selling live video Webcasts for roughly half of regular-season games, depending on local-market blackout restrictions. MLB.com had over half a million paid subscribers last year, including over 150,000 for its live video service. Utilizing Akamai's platform, MLBAM expects to once again set new records for MLB.com in 2004. "MLB.TV features over 250 live games per month. Akamai's proven network is ideal for handling this extensive amount of content," continued Choti. Akamai's EdgeComputing(SM) service for Web-based applications such as 'virtual waiting room,' which is used by today's leading online ticketing agencies, will also prove valuable to MLB.com's successful ticket sales. This on-demand Web application is supported as part of Akamai's unique EdgeSuite(R) service being provided to MLB.com. About MLB Advanced Media, LP Established in June 2000 following a unanimous vote by the 30 Major League Baseball club owners to centralize all of Baseball's Internet operations, MLB Advanced Media L.P. (MLBAM) is the interactive media and Internet company of Major League Baseball. MLBAM manages the official league site (http://mlb.com), and each of the 30 individual Club sites to create the most comprehensive Major League Baseball resource on the Internet. MLB.com offers fans the most complete baseball information on the web, including up-to-date statistics, game summaries, extensive historical information, and exclusive features about Major League Baseball events and programs, including on-line ticket sales, baseball merchandise, authenticated memorabilia and collectibles, fantasy games, live radio broadcast of games, live and archived webcasts of games, pitch-by-pitch enactment of games, and video highlights. About Akamai Akamai(R) is the global leader in distributed computing solutions and services, making the Internet predictable, scalable, and secure for conducting profitable e-business. The Akamai on demand platform enables customers to easily extend their Web operations - with full control - anywhere, anytime, without the cost of building out infrastructure. Headquartered in Cambridge, Massachusetts, Akamai serves hundreds of today's most successful enterprises and government agencies around the globe. Akamai is The Business Internet. For more information, visit www.akamai.com. Akamai Statement Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and The release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the effects of any attempts to intentionally disrupt our services or network by hackers or others, failure to have available sufficient transmission capacity, a failure of Akamai's network infrastructure, and other factors that are discussed in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , quarterly reports on Form 10-Q Form 10-Q See 10-Q. , and other documents periodically filed with the SEC. |
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