
Brightcove licenses its Internet Protocol Television (IPTV) software to content providers so they can make it available without the requirement of a third-party service. Additionally, the Cambridge, Massachusetts-based company controls the advertising areas which will reap in the profits for Warner.
Unlike sites such as YouTube, which allows users to upload allsorts of content -- a lot of which is copyrighted, this type of service allows the companies to keep tabs on intellectual property in order to profit from it.
Source:
cnet