Pulse to Launch EdgeCast Cloud Services Leveraging Triton Cloud and Assets Acquired in Edgio Bankruptcy Auction

On February 6th, the U.S. Bankruptcy Court approved the sale of select Edgio assets to Parler for $7.5 million. Parler is keeping the EdgeCast brand, and Parler Cloud Technologies is being renamed to EdgeCast Cloud Services. The company has been working to restart a portion of the original EdgeCast network, which will go live on April 15th with 10Tbps of network capacity from within 25 PoP locations, primarily for customers who need video-on-demand delivery and software downloads. At launch, live streaming will have limited functionality.

The company plans to have 50Tbps of network capacity by the end of this year, close to the approximately 65Tbps capacity the network had when it was shut down under Edgio. Under the previous owners, EdgeCast’s network hit a peak capacity of 140Tbps. EdgeCast Cloud Services will offer delivery capabilities internationally, excluding the Middle East, South Asia, Eastern Europe, Africa and Australia. Part of the capacity on EdegCast Cloud will be used for Parler’s services, consisting of its social media platform Parler and video streaming platform Playtv.

During Edgio’s Bankruptcy auction, Parler acquired EdgeCast-only gear in Ashburn, Chicago, Dallas, Los Angeles, New York, San Jose, Seattle, Miami, Washington, DC, Bogota, Buenos Aires, Sao Paulo, Amsterdam, Frankfurt, Tokyo, and Singapore. In addition to hardware assets, Parler also acquired the EdgeCast software stack, including WAF and other non-CDN services, EdgeCast ASNs and 6 IP blocks. It did not acquire anything related to Edgio’s Limelight brand or assets. Since acquiring the assets, EdgeCast Cloud Services has hired approximately 100 former Edgio employees, 70% of whom are related to engineering and operations. The employees hired were not part of the bankruptcy process.

EdgeCast Cloud Services is powered by Triton, formerly Joynt Legacy Cloud Software, which originated as Samsung Cloud. Parler says that when combined with its open compute hardware, the integration of the Edgecast CDN enhances its cloud offering, transforming it into a full-stack cloud services platform. The parent company, Pulse, is building a decentralized digital ecosystem spanning social media, streaming, payments, e-commerce, cloud services, blockchain, and content delivery.

While the company discussed its 2024 revenue and growth numbers with me, I don’t have permission to release them. The company said over the next few months, news will come out from Pulse regarding funding and additional acquisitions.

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Akamai Provides Update on Its Delivery Business for 2025 and Beyond

On Akamai’s Q4 2024 earnings call, the company provided an update on its delivery business for 2025 and beyond. Edgio contracts contributed $9M of revenue in Q4 2024 and full year 2025, Akamai expects $85M-105M in revenue from Edgio customer contracts. Akamai said its capex spend will increase by approximately 1% of revenue to accommodate the increased traffic resulting from the Edgio transaction. “Over 100” of the Edgio contracts were new customers for the company, and Akamai does not expect “significant churn” of the customers.

Akamai noted they are “beginning to see signs of improvement in the delivery marketplace. With more customers willing to sign multiyear contracts and with predictable pricing. A more stable pricing environment generally and early signs of stabilizing traffic growth.” If these trends continue, Akamai expects its delivery revenue to decline 10% YoY in 2025 versus the 15% decline it saw in 2024. And if the positive trends continue, Akamai expects the decline to shrink even further in 2026 and beyond. For the full year 2024, Akamai’s Delivery revenue (not CDN) was $1.31B, down 15% year-over-year. Akamai’s Delivery revenue by year:

  • 2024: $1.31B
  • 2023: $1.54B
  • 2022: $1.66B
  • 2021: $1.87B

Akamai mentioned that their largest customer is navigating “political challenges” in the US and pursuing a DIY (CDN) strategy. While Akamai didn’t mention the customer by name, it’s TikTok. Both of these factors could impact Akamai’s revenue. The good news is that in Q4, Akamai signed a 5-year contract that includes a “substantial minimum annual spend,” which provides greater predictability and reduces Akamai’s exposure to the customer’s political situation in the U.S.

Akamai paid $125M for select customer contracts from Edgio’s bankruptcy. In addition, they spent $25-$30M on transition service costs, so Akamai spent $150-$160 million on the deal. Based on their guidance of $85M-105M in revenue from Edgio customer contracts in 2025, it appears the contracts Akamai acquired will pay off the Edgio deal by year two.

CDN77 Says Revenue Grew to $175 Million in 2024, Up From $145 Million in 2023

While revenue growth declined for most CDNs in 2024, it’s great to see that CDN77 grew to $175 million in revenue, up from $145 million in 2023. The company tells me it is cash-flow positive and has no debt. All of its revenue comes from delivery, and it does not offer security or compute services. The company has thousands of customers, of which over 300 are enterprise customers, which they define as a minimum ARR of $50,000.

During Edgio’s bankruptcy auction, CDN77 provided free services to select customers, giving them time to evaluate their next steps and/or integrate without double billing. The company said this approach allowed them to convert many customers into paying customers once they joined its network. I wish more private companies were as transparent with their numbers.

NYC Streaming Meetup, Tuesday March 18th, No RSVP Needed

🍺 It’s time to gather those in the streaming industry in NYC for an informal meetup on March 18th at 6 p.m. Network with your peers and enjoy free drinks, thanks to Uplynk, Amagi, Wowza, and Bitmovin, who will cover the bar tab. 🍷 No RSVP is required, but you MUST bring your ID—it’s a bar—and a business card. There is no coat check or place to store items. I expect the event to last 2-2.5 hours.

Live Blogging of FOX’s Super Bowl Stream on Tubi and vMVPDs, Across Multiple Devices

My live blog of the Super Bowl stream is up. Click here to jump to the section with the updates. I’ll compare the video quality, latency and other details from Tubi across Fire TV, Apple TV, Roku, LG and Samsung TVs, iPhones, iPads and MacBooks. I’ll also check the streams on YouTube TV, Sling TV, Hulu+ Live TV, DIRECTV Stream, and Fubo. Below are some confirmed Super Bowl streaming technical specs and previous viewership numbers. All my blog posts on testing previous Super Bowl streams can be found at www.superbowlstreaming.com.

[And that’s a wrap! While it will be a few days before we have detailed viewership numbers, FOX Sports and Tubi delivered the highest quality Super Bowl stream ever with the largest viewership measured in peak concurrent users.]

February 11th: The final and updated Tubi Super Bowl viewership numbers are out. Tubi peaked at 15.5 million concurrent devices and had an AMA of 13.6 million. Across all game day programming, Tubi reached 24 million unique viewers. Viewership on Telemundo and NFL Digital properties added another 900,000 AMA.

Note: I am under NDA with FOX, having flown out to their Media Center in Tempe last year to see their workflow and setup. There are some specific details of the stream I can’t share without their permission, and I thank them for the insight and access they are providing me.

The FOX media team is one of the most experienced in the industry in streaming large-scale live events. In 2023, FOX used K6 to replicate traffic, testing up to 100m RPS, and they know how to test and scale video services. I expect the Super Bowl stream to be flawless, and the only new element added this year is playback in Tubi instead of the FOX Sports app, which the company has been load-testing leading up to the event. In the 24 hours before the Super Bowl, the Tubi app is loading in under 2 seconds for me on Fire TV and Apple TV devices.

Tubi’s player will look slightly different for the Super Bowl stream. Some regular player features have been removed, so the refreshed layout focuses on sport-specific content. Tubi says all the original Tubi features will return to the player after the Super Bowl. Tubi will not have the game available for replay; it will be live only with no VOD archive. The live stream will be in English, with no translations, but it is available in Spanish on FOX Deportes and Telemundo. Closed captioning will only be available in English.

FOX will capture the game in 1080p HDR, upscale it to 4K (as they did in 2020 & 2023), and digitally distribute it to vMVPDs and Tubi. To see the game via Tubi, viewers must sign up with an email/pass or authenticate via an Amazon account on the Fire TV platform. To log in using your Tubi account details, you must first hit the cancel button, which sends you to a screen allowing you to log in via a QR or activation code. If you are using the Tubi app as a guest, you won’t be able to see the stream. Viewers cannot stream the game via the FOX Sports app and will be redirected to Tubi.

To view Tubi on smart TVs, you must have LG webOS 5+ or a Samsung model from 2018 or newer. For LG TV’s running webOS 4, you can use AirPlay to the TV. The maximum bitrate on Tubi will be 14.4Mbps; you can see details here on FOX’s encoding bitrate ladder. The Super Bowl tailgate concert by Post Malone is not on Tubi and will exclusively live stream on the NFL’s YouTube channel since YouTube is the official sponsor of the pregame party.

The 2024 Super Bowl stream on Paramount+ had an average minute audience of 8.5 million and required users to authenticate. However, they were offering a free trial to Paramount+ during the Super Bowl, so technically, anyone could watch the event for free. Over the last three years, viewers of the Super Bowl stream across Paramount, NBC Sports and FOX averaged 15% growth yearly.

For stream testing, I’m using multiple Roku’s (4800, 3820, 3820CA2), Apple TV 4K (A2843), Amazon Fire TV Stick 4K (M3N6RA), Amazon Fire TV Stick 4K Max (K3R6AT ), DIRECTV Gemini (P21KW-500), two LG OLEDs (55C9AUA/65BXPUA) and two Samsung TVs (UN40F5500AF/QN65S90CAFXZA). This is in addition to three iPads and two iPhones (Verizon). All TVs and streaming devices are connected via ethernet, and my ISPs are Optimum and Verizon. I am also collecting OTA data from local users in Kansas City for latency testing.

Last summer, I visited FOX’s new $200 million Media Center in Tempe, Arizona, the streaming and technology hub for the Company, and it was the most impressive facility I’ve ever seen. FOX’s Linear distribution, streaming and VOD distribution services originate in the building for acquisition, encoding, transcoding, editing, closed captioning, archiving, storage and distribution. Part of the AWS backbone runs through Tempe, and FOX’s IP network connects directly to four AWS transit centers across the country. Fox seamlessly operates between on-prem hardware and cloud-based infrastructure in Tempe and Los Angeles with full backup capability within the AWS cloud. The media center handles more than 50,000 live events a year.

Live Blog Starts Here

🏈 3:00pm ET: The pregame stream on Tubi starts up for me in under two seconds on Fire TV, Apple TV, iPad and iPhone. On Roku, stream start is 4 seconds, which is expected since the Roku platform is always slower. The Tubi app stream start on LG is 10 seconds, and Samsung is 5 seconds.

FOX’s distribution workflow has four CDN vendors in the mix: Akamai, Fastly, Amazon CloudFront and Qwilt. Note that just because four CDNs are setup does not mean they will all get traffic or the same traffic volume. For example, in 2024, Paramount had four CDNs in the mix, but Akamai and CloudFront got most of the traffic. Plenty of extra capacity is provisioned, but it doesn’t always get used.

FOX is capturing the game in 1080p HDR, upscaling it to 4K (as they did in 2020 & 2023), and digitally distributing it to vMVPDs and Tubi. The maximum bitrate on Tubi will be 14.4Mbps, and all streams are in HLS with two-second chunks. A few news outlets are reporting that Tubi is selling local ads within the stream, which is inaccurate. No DAI is being used and all ads are burned in.

🏈 4:45pm ET: The pre-game stream looks great on Tubi, with only four reported “technical issues” on Twitter in the past hour. Some Tubi viewers are upset that Tubi has temporarily disabled the My Stuff and the Search options in the player for the Super Bowl, but that functionality will come back once the Super Bowl is over. Movies, TV Shows, and Live TV are all still working, and Tubi is free, so I don’t think anyone should be complaining.

🏈 5:10pm ET: I see a few angry comments from users on Twitter about Tubi not supporting older Samsung and Philips TVs. While it is true that Netflix supports older Samsung TVs from 2014, and Tubi’s minimum requirement is Samsung TVs 2018 or newer,  these are different streaming services. But it’s a good reminder that consumers just want streaming to work. However, supporting TVs from the past seven years, as Tubi has done, is an acceptable industry standard. No streaming service can support all devices and models.

🏈 5:45pm ET: Users report that Tubi is being blocked outside the US, as it should be since FOX has US distribution rights. DAZN is the global rights holder for the NFL outside the US. However, Tubi is working via VPNs outside the US.

🏈 6:00pm ET: Tubi is doing a good job replying to users on Twitter asking questions about the stream. One issue some are experiencing is their TV set being set to Dolby and not HDR 10, causing color issues, especially on Fire TV devices that don’t support auto switching. In picture settings on the TV, users need to change the Dynamic Range or Color Format from Dolby Vision to HDR. Most times, it requires a restart as well.

🏈 6:02pm ET: For those asking, the stream via Tubi can’t be paused.

🏈 6:35pm ET: Here are the results from my latency testing of the Super Bowl stream from Tubi on multiple devices and the FOX stream on YouTube TV, Hulu+ Live TV, Sling TV, Fubo and DIRECTV Stream. Many variables impact latency, and viewers will get different results depending on their device, ISP, connection type and network issues. My results may not be representative of other users. Results vary between devices based on protocols and packaging technologies and, in some cases, the player used, for instance, with Roku’s native player.

🏈 7:00pm ET: Some Twitter users complain that while the PS5 has the Tubi app, it is not one of the devices supporting the Super Bowl stream. Details on device support can be found on this Tubi support page.

🏈 7:50pm ET: One confusing aspect of the Tubi player is that users who select “Live TV” in Tubi’s app get the NFL Game Center highlighted, not the live stream. A few friends have contacted me saying they can’t find the Super Bowl stream, only to see they are also on the Live TV tab. Tubi should have added a link to the Super Bowl stream on the Live TV page.

🏈 8:25pm ET: As the halftime show starts, I see various reported streaming issues on Twitter regarding streaming via Tubi, but none appear to be widespread. Hulu and YouTube TV support are pretty quiet. I feel for anyone on the Tubi team who is providing support via Twitter and has to deal with some very obscene, vile and repulsive language from unhappy users whose devices are so old that Tubi doesn’t support them. The lack of respect is disgusting.

🏈 9:25pm ET: Tubi is likely seeing record traffic tonight, but with the game now 34-0, I suspect viewership is dropping since the halftime show.

🏈 10:20pm ET: And that’s a wrap. We should expect to see viewership numbers from FOX in the next 2-3 days. FOX did a great job, as expected, for what will end up being the most-viewed Super Bowl stream to date when the numbers are released. If FOX puts the stream on Tubi again, I would like to see Tubi make some changes to the app to make it easier to navigate without removing features viewers are used to having access to.

Parler Acquires Select Edgio Assets for $7.5 Million

On February 6th, the U.S. Bankruptcy Court approved the sale of select Edgio assets to Parler for $7.5 million. Parler plans to hire 120 former Edgio employees. The company acquired assets in approximately 25 global locations out of the roughly 160 locations in Edgio’s footprint. I will provide more details on the assets acquired and what Parler will use them for soon. The sale of non-overlapping Edgio assets to Encore Technologies for $2.5M was also approved.

Edgecast and Limelight Networks Go Dark, Ending 23 Years of CDN History

At 9am MT on January 16th, the Edgecast and Limelight Networks will go dark. I saw an employee comment that their career at LLNW and Edgecast was “wasted,” but that is NOT the case. The combination of Limelight Networks, Edgecast as a standalone company before it was acquired, VDMS post the Edgecast acquisition, and finally, Edgio, combining it all, employed thousands of employees over 23 years. Combined, they delivered what I would guess to be tens of billions of streams and helped support some of the most significant streaming events at that moment in time. Most importantly, it allowed many to test, trial, and fine-tune new delivery technologies and figure out how to do it at scale.

What many employees learned from being in the trenches, figuring out how to solve complex problems and supporting customer needs allowed employees to advance their careers in the CDN industry. Many have applied that knowledge to other companies they now work for throughout many different industries, not just video. Don’t allow Edgio’s failure as a company to make you second guess what you know and the experience you have gained. In life, good people give you happiness. The worst people give you a lesson. And the best people give you memories. It’s the same in business. For those who worked for any of the Limelight/Edgecast/VDMS/Edgio companies, you gained friends and, hopefully, learned much about business principles.

While many will want to lay blame for what happened with Edgio, that time has passed. Much, but not all, of Limelight’s management team from 2020 and before, pre-the Edgecast acquisition and rebranding to Edgio, set the company on a path they could not recover from. They made terrible decisions because they didn’t listen to customers, didn’t watch their P&L, didn’t understand the competitive landscape and had egos that were out of touch with reality. New management had no chance to fix what was broken and was set up for failure. Edgio won’t be the last CDN to shut down; by my count, they were about the 25th CDN vendor to be shut down over the past three decades. (see cdnlist.com)

If you are heading to the NAB Show in April, I will give you a free pass for the Streaming Summit; please contact me if you’re interested. Also, next month, I will host a Zoom for anyone looking for tips and tricks on advancing your career in the industry or finding a new job, so follow me on LinkedIn for details soon.

For those looking for new jobs, remember how an elite leader in any domain thinks when it’s time for change. Building a skill takes time and effort, and I will invest the time and be tenaciously persistent. I understand that discomfort is part of the process. If I avoid discomfort, I prevent learning. That’s the mindset of someone who is getting better every day. Educate yourself on what you need to know to get the next job. The financial currency in the business world is information. It’s leverage. Change is inevitable, but progress is optional. Stream on.