NEWSROOM

Amagi partners with Whip Media to streamline Electric Entertainment's FAST and AVOD Strategy

New York, September 27, 2024

To enable data-driven decision-making for enhanced content monetization

Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV (CTV), has announced a strategic partnership with Los Angeles-based production and distribution company Electric Entertainment and enterprise software platform Whip Media. Together, they are implementing a robust analytics and content performance tracking solution to optimize ElectricNOW's operations in the rapidly growing FAST and AVOD markets.

By seamlessly integrating Whip Media’s FASTrack® solution into Amagi ANALYTICS, this partnership will help ElectricNOW optimize its content performance tracking and enhance partner payment solutions in the rapidly growing FAST and AVOD markets. It will also enable more informed programming decisions and efficient revenue recognition.

Michael Johnson, Director of Operations, ElectricNOW, comments, “We needed better data for programming analytics, and our finance team needed better, easier ways to recognize FAST revenue and calculate royalties to our content suppliers. ElectricNOW’s partnership with Amagi and Whip Media filled in those gaps across all our FAST and AVOD efforts. Having a single platform in FASTrack that can do all of that is extremely powerful. It means we spend more time actively growing our FAST business and less time trying to make sense of it all."

"Amagi is committed to delivering exceptional value to our customers via its Amagi ONE partner program. Our collaboration with Whip Media allows us to offer ElectricNOW a comprehensive solution that combines our deep expertise and leadership in the FAST segment with their advanced analytics capabilities," said Srinivasan KA, Co-founder and Chief Revenue Officer of Amagi. 

One significant challenge in the FAST and AVOD markets is managing disparate data from various platforms, each offering unique reporting formats and granularity. FASTrack® addresses this by aggregating data and providing actionable insights through user-friendly dashboards and self-service reporting tools, giving content providers a clear and consistent view of their performance.

"We are thrilled to partner with Amagi to bring our FASTrack product to a broader audience, including ElecticNOW,” said Carol Hanley, CEO of Whip Media. “With FASTrack, our customers gain a competitive edge by overcoming the complexities of data aggregation from diverse platforms and services. This solution streamlines operations and provides decision-makers with consistent performance insights.” 

Amagi provides a complete suite of channel creation, distribution, and monetization solutions. The company’s clients include the world’s biggest names, including A+E Networks UK, Astro, Cox Media Group, DAZN, Globo, Lionsgate Studio, NBCUniversal, Tastemade, and VIZIO.

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About Amagi
Amagi is a next-generation media technology company that provides cloud broadcast and targeted advertising solutions to broadcast TV and streaming TV platforms. Amagi enables content owners to launch, distribute, and monetize live linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24x7 cloud-managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations. Overall, Amagi supports 800+ content brands, 800+ playout chains, and over 5000+ channel deliveries on its platform in over 150 countries. Amagi has a presence in New York, Los Angeles, Toronto, Mexico City, London, Paris, Sydney, Seoul, Singapore, broadcast operations in New Delhi, and innovation centers in Bengaluru, Zagreb, and Łódź.

Amagi Contact
Aashish Washikar
Director - Corporate Communications
Email: aashish.washikar@amagi.com
www.amagi.com 

About ElectricNOW

ElectricNOW is the premium OTT app and FAST channel featuring Electric Entertainment’s own produced content such as fan-favorite TV series “Leverage,” “Leverage: Redemption,” “The Librarians,” “Almost Paradise,” and “The Outpost,” as well as acquired programming such as the feature films “Blackway” starring Anthony Hopkins and “The Book of Love” starring Jason Sudeikis and Maisie Williams. The ElectricNOW Channel, available on numerous platforms including The Roku Channel, Samsung TV Plus, Amazon Freevee, Sling Freestream, Plex, STIRRLocal Now, TiVo Plus, Redbox, Vizio, XUMO, TCL Channel, StremiumDistro TV, Vidgo, Hisense Vidaa, LG Channels, Glewed TV, MyBundle.com TV, and Select TV, is a one-stop shop for fans to enjoy all their favorite shows free, in a 24/7 streaming broadcast. In addition to the free streaming content, the ElectricNOW App also includes special bonus feature content, a program guide, video-on-demand and pay-per-view components. The channel and app offer ElectricNOW Originals, which include such hit series as The Official Leverage: Redemption Aftershow: A Very Distinctive PodcastInglorious TrekspertsThe 4:30 MovieBest Movies Never Made, Cartoon Barroom, The Rebel and the Rogue, and Disco Nights in a line-up that includes podcasts devoted to Star Wars, Dr. Who and other sci-fi and entertainment industry-related topics.

 

Electric Entertainment contact: 

JGoldsteinPR
Jill Goldstein | Deana Dor
Jill@jgoldsteinpr.com | deana@jgoldsteinpr.com

About Whip Media
Whip Media is empowering data-driven decisions across the entire entertainment ecosystem. Our software provides the industry’s most robust insights, enabling the world’s leading media organizations to make smarter, more profitable content decisions faster. Through automation, visibility, and intelligence, we help our clients scale and optimize their streaming strategies. For more information, visit www.whipmedia.com.

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