IStreamPlanet

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iStreamPlanet was a Las Vegas, Nevada-based company that processed and delivered live video broadcasts over the internet. A majority stake of iStreamPlanet was acquired by Turner Broadcasting in 2015 and was lastly operated by Warner Bros. Discovery.[1] The company was founded in 2000 by former basketball player Mio Babic.[2]

Company typeSubsidiary
Industry
Founded2000
FounderMio Babic
Quick facts Company type, Industry ...
iStreamPlanet
Company typeSubsidiary
Industry
Founded2000
FounderMio Babic
DefunctAugust 14, 2023; 2 years ago (2023-08-14)
FateMajority stake acquired by Turner Broadcasting in 2015, and company shut down in 2023
Headquarters,
Area served
United States
Products
  • Aventus Media Processing Suite
  • Orbis Direct-To-Consumer Platform
Services
Number of employees
150 (2019)
ParentWarner Bros. Discovery
Websiteistreamplanet.com
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iStreamPlanet streamed a number of major sporting events, including NCAA Division I men's basketball tournaments,[3] the Olympics,[4] the Super Bowl, the FIFA World Cup, and Formula One auto racing.[5].

iStreamPlanet was formally shutdown in 2023 with 25 employees laid off.[6] Months before this, external companies had been told that iStreamPlanet was changing models to no longer have external customers outside of Warner Bros. Discovery[7]. Portions of iStreamPlanet's technology platform, as well as its engineering and operations teams, were incorporated into the Warner Bros. Discovery engineering organization focused on HBO Max.

Customers

While not all of iStreamPlanet's live video streaming customers were publicly known, some of their large customers were publicly acknowledged, including:[5]

References

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