HONG KONG: SpeedCast, a satellite-enabled broadband ISP in Asia, and Turner Broadcasting System Asia Pacific have announced that the latest news headlines on CNN and CNNfn channels can be accessed on SpeedCast's multimedia service, NetTV. NetTV is a closed broadband network for SpeedCast ISP partners' broadband subscribers in the region.

Under the terms of agreement, Turner Broadcasting has licensed SpeedCast CNN and CNNfn channels to stream live on its NetTV service in Malaysia, Singapore, Hong Kong (CNNfn only), Taiwan (CNNfn only) and South Korea (CNN only). Broadband subscribers to SpeedCast's ISP partners will be also be able to access CNN's news and financial programming on their desktop PCs on a 24-hour basis.

According to the press release, CNN chose SpeedCast as its regional streaming technology and distribution partner due to its superior technological capabilities and expertise. SpeedCast's proprietary encryption system, MediaVault, can encode CNN and CNNfn live content into streaming media format as well as to encrypt content against unauthorised use. Additionally, SpeedCast also uses a satellite network to bypass public Internet congestion whilst transmitting data, distributing streaming content to strategically located edge servers thereby ensuring a consistent, high-quality multimedia viewing experience by NetTV subscribers from any location in Asia.

SpeedCast NetTV service is available to ISPs throughout Pan Asia. The press release states that SpeedCast's ISP partners have an estimated addressable market of 8 million broadband users, who can subscribe to the NetTV service.