Business Wire | 60 days 6 hours 43 minutes ago
Akoo Awarded Patent for On-Demand Technology Allowing Viewers to Control Television Programming with Mobile Devices
Jan 13, 2010 11:31 AM CST
Rapid growth of Akoo social TV accelerates development of additional applications bridging mobile devices with interactive TV services and advertising
CHICAGO-- (BUSINESS WIRE) -- Akoo, the world’s largest social music television network, today announced that the United States Patent and Trademark Office has awarded the company patent number 7,647,613. The patent covers an apparatus and method of using mobile devices to select on-demand content and socially interact with programming across networked digital video and Internet protocol (IP) television services through SMS text messaging or mobile applications.
Akoo’s patented technology currently powers its nationally deployed social music television network in premium out-of-home environments, although the company’s patent portfolio strategy includes additional applications in the home, as well as across multiple platforms, including social media, mobile, and gaming consoles.
Akoo social music television engages 64.5 million monthly viewers in 53 top markets across 30 states, according to certified Arbitron audience measurement research. The company’s interactive platform allows it to deliver major label music videos and original programming to a national audience, while enabling viewers in each individual location to participate in the local programming experience. Viewers can select their favorite music videos – via text message request or Akoo’s mobile application – and share them on the network, free and on-demand.
Viewers can also access Akoo’s free Wi-Fi service to interact with programming, as well as participate in location-based digital marketplaces and social media activities.
Arbitron audience measurement research recently validated that of the 64.5 million monthly engaged viewers who watch Akoo programming and advertising, 13.4 million monthly viewers spend 30 minutes or more watching, 14.8 million viewers watch for 15-29 minutes, and 36.3 million viewers watch for up to 14 minutes per visit.
“Akoo is reshaping the media landscape by making television viewing more of a shared, interactive experience that’s converged with mobile devices,” said Niko Drakoulis, Akoo CEO. “Third-party research validates that our approach – combined with our patented technology – commands greater viewer attention, increases social engagement, and drives advertising effectiveness. As a result, Akoo offers its brand partners a premium environment for connecting with 64.5 million monthly engaged viewers.”
“The future of television is social TV,” added John Karantonis, Akoo president, strategy. “The company’s patent portfolio strategy addresses the convergence of television programming, Internet-connected devices, and social applications to drive ubiquitous, participatory viewership across platforms and devices, inside and outside the home.”
In development since late 2001, Akoo’s interactive technology was successfully piloted in September 2006 and nationally deployed by 2009. In 2009, Akoo launched branded entertainment campaigns for a group of inaugural brands sponsors, including Best Buy, CLEAR, 20th Century Fox, and leading brands in the gaming console and quick-service restaurant categories.
About Akoo
Akoo is the world’s largest social music television network. The company delivers major label music videos and original programming to 89.6 million monthly consumers in premium out-of-home environments across the U.S. Akoo empowers social engagement by uniquely enabling viewers to control programming on its high-definition TV screens with their mobile devices. Viewers can select music videos from Universal Music Group, Sony Music Entertainment, Warner Music Group, and EMI, via text message request or Akoo’s mobile app, and share them on the network, free and on-demand. Akoo’s ability to engage media-elusive demographics, while integrating brand sponsors within the media experience, results in increased advertising effectiveness. Founded in 2001, Akoo is headquartered in Chicago, Illinois. For more information, visit www.akoo.com.
Akoo International Inc.
Andy Stankiewicz
Chief Marketing
Officer
708.583.8300, ext. 125
andy@akoo.com
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