Linius Technologies (ASX:LNU) has announced a significant partnership with Brown University, entering the NCAA Division 1 market. The Ivy League institution will use Linius' Whizzard solutions to automate sports highlight videos, starting with the 2024/25 basketball season. This three-year agreement includes an annual license fee and potential expansion to other sports.
Linius Technologies has taken a major step into the NCAA Division 1 market through a partnership with Brown University. This three-year deal involves the use of Linius' Whizzard solutions to automate highlight reels for basketball, with possible expansion to other sports. The agreement reinforces Linius' growth strategy in the US college sports market, estimated at a $70 million addressable market. Brown's involvement is expected to validate and enhance Linius' offerings, opening doors to further opportunities in US universities. The collaboration also includes potential extensions like virtualizing historical archives and enabling athlete branding. Linius' Video Virtualization Engineâ„¢ continues to be central in revolutionizing video content delivery, promising increased viewership and monetization.
The deployment was completed in a few days, demonstrating the scalability and efficiency of Linius' solutions.