Video-streaming service Akamai, which recently filed for bankruptcy protection, has been ranked as the most popular TV network by Nielsen.
That’s in line with its strong sales of its Akamaic TV platform.
“Akamai is a leader in TV and video streaming services, which are key to the digital entertainment ecosystem,” said Craig Barr, Akamaia’s CEO.
Akamaia has enjoyed a strong year with record-breaking earnings and its video streaming service now ranks as the second-most-popular service in the U.S. after Netflix, according to Nielsen data.
It has been streaming video for years, but it’s been catching up in recent years, as consumers are increasingly looking to take advantage of the internet of things (IoT).
“Akamahax is the platform that delivers the best value to our users,” Barr said in a statement.
“Our customers trust us to provide the best and most advanced TV services.
Akamahix is now the number one choice for everyone looking for premium television.”
Akamia has been steadily growing its video stream since 2012, when the company began streaming video to TV stations, cable providers and other companies.
Now, Akamia’s video-stream service is more than half a billion users across more than 40 countries.
“We see an opportunity for Akamacast to become a platform for broadcasters to be able to offer the best in sports, entertainment and news,” said Steve Dallaire, Akamei’s head of global content.
“And we think it will be a big hit with broadcasters and consumers across the U, U.K. and Canada.”
In a video-and-sound-capture business, Akamii uses video cameras and microphones to capture sound from a TV or projector and stream it to computers, smartphones and tablets for viewers to hear.
In 2016, the company bought the satellite TV provider Starks in a $400 million deal that is now worth $1.8 billion.