October 25, 2016
We are pleased to announce Intercast has been acquired by AmpLive, the leading distribution platform for live streamed broadcasts.
The transaction will provide substantial additional resources and value for existing and future clients. The entire Intercast team, including me, will be joining AmpLive.
Together, the newly combined company will offer a simple, self-serve platform and a fully-managed service for brands looking to generate views and drive performance for their live streamed events. I first met AmpLive’s CEO, Eddie Vaca, four years ago, and believe strongly in his vision for the live streaming space.
Market conditions made it perfect timing for this deal. Marketers are increasingly leveraging live video formats towards brand ambassadorship programs, while higher production costs necessitate significant and engaged audiences to ensure ROI.
This deal marks a strategic inflection point for brands leveraging live streaming, and we couldn't be more excited to join AmpLive in leading this effort.
Jason Schutzbank, Founder + CEO