The History of Ustream: What to Know

In 2007, Ustream was launched as a video and audio streaming service. It was originally designed for deployed soldiers who were away from their families but grew to be used by a wide range of individuals and companies.

The company wasn’t the first live-streaming platform but it did offer unique opportunities for live webcasting and sharing a streaming video. It was a successful company on its own for nine years until it was acquired by IBM in 2016.

Quick Facts

Year Founded
2007
Founders
John Ham, Brad Hunstable, and Dr. Gyula Feher
Industry
Video Streaming
Headquarter
Armonk, NY
Key People
John Ham, Brad Hunstable, and Dr. Gyula Feher
Notable Products
Video Streaming, Enterprise Video Platform, Marketing
Website
https://www.ibm.com/products/video-streaming

Once acquired, IBM soon merged Ustream with other competitors recently acquired to create IBM Cloud Video, also known as IBM Video Streaming. The acquisition led to IBM stock gains. It’s used for video hosting and to broadcast live sports and other events on Sony products and other TVs and computers. Despite all the name changes, its services still live on in a streamlined video communications platform available at several pricing levels and capable of the following features:

  • HD live broadcasting
  • Video distribution
  • Live Q&A and chat sessions
  • Broadcast recording
  • Live playlists
  • Customizable channel page

The Founding of Ustream: How It Happened

John Ham and Brad Hunstable first partnered with Dr. Gyula Feher in 2006 to develop Ustream. Ham and Hunstable were U.S. Army Officers looking for an opportunity to help deployed soldiers communicate with their families. The goal was to create a platform that allowed soldiers to communicate with multiple family members at the same time to make the most of their limited free time during active duty.

Officially launched in 2007, the company was originally backed by SoftBank Capital and DCM Ventures, investors who contributed a total of $60 million to the startup. By 2016, the company was worth about $150 million, broadcast two million streams per month, and hosted 80 million viewers every month. It was acquired by IBM to help form the Cloud Video Services unit, a combination of Ustream, Clearleap, and other early acquisitions to broadcast sports and political events and as a video hosting platform.

Ustream Through the Decades

Ustream has been used to host a significant number of announcements, award shows, major broadcasts, and personal communication. Review the history of this live-streaming platform through the decades, from the initial idea to its acquisition by IBM Watson Media.

2006-2016: Ustream

Ustream hit the ground running in 2007, showing it could keep up with competitors. It started receiving a number of awards and accolades from the beginning, like winning CNET’s Webware Top 100 services of Web 2.0 in June 2007. It also won the award in 2008 and 2009.

The Streaming Media’s Readers’ Choice Awards award it the Best Streaming Innovation in 2012. By 2013, Inc. 500 named it one of the “Fastest-Growing Private Companies in America” and number 17 of the “Top 100 Consumer Products & Services Companies in the San Francisco Metro Area.”

It enjoyed a significant amount of views, from a 10-ball ring game tournament in Olathe, Kansas which was viewed by almost 20,000 people, to a Barack Obama and Oprah event at the University of South Carolina that attracted 77,000 live-stream viewers.

2016-Present Day: IBM Watson Media

The awards didn’t end when the live-streaming platform was acquired by IBM. Not only did IBM enjoy stock gains after the acquisition but the platform continued to win Streaming Media’s Readers’ Choice Awards in 2016, 2017, and 2018. IBM Watson Media merged Ustream with other platforms to increase its scalability for hosting large-scale broadcasts. It’s commonly used for broadcasting sports and other live events.

Global use and citizen journalism events increased over the years on the platform. The 2013 Ukraine protests, Legislative Yuan student occupation in Taipei in 2014, and other political activities attracted large viewerships.

How Does Ustream Make Money?

Ustream is now a part of IBM Watson Media. IBM offers video hosting and streaming services through a three-tier, subscription-based pricing model:

  • Silver: $99.00 per month
  • Gold: $499.00 per month
  • Platinum: $999.00 per month

In addition to these three tiers, IBM also offers custom pricing options and a 30-day free trial.

Ustream Acquisitions

Ustream didn’t acquire any major companies during its time. It was acquired, however, in 2016 by International Business Machines (IBM) for approximately $150,000 million.

Ustream Notable Controversies

The company largely operated without any major controversies. The most notable controversy, however, was the automatic copyright blocking feature.

Ustream included a feature that attempted to automatically block copyrighted material from being streamed on another channel. While in theory a beneficial technology not always used by competitors, in reality, it blocked many streaming events unnecessarily.

Notable automatic blocks included several videos of NASA’s Curiosity rover landing, the Hugo Awards in 2012, and the Salesforce Keynote on September 19th, 2012.

Ustream: Your Complete Guide & Beyond FAQs (Frequently Asked Questions) 

When was Ustream founded?

Ustream was founded in 2007 by John Ham, Brad Hunstable, and Dr. Gyula Feher.

Who founded Ustream?

U.S. Army Officers John Ham and Brad Husntable, along with Dr. Gyula Feher, founded Ustream as a way for soldiers to communicate with their families while on active duty.

What is Ustream known for?

Ustream was primarily known for its ability to stream live, interactive broadcasts. It’s now known as IBM Video or IBM Cloud Video and is part of IBM Watson Media.

Is Ustream still around?

Ustream was acquired by IBM in 2016. It’s currently known as IBM Cloud Video.

Who owns Ustream?

International Business Machines (IBM) purchased Ustream in 2016 which resulted in OBM stock gains. It was later renamed IBM Cloud Video.

When was Ustream created?

The idea for Ustream began in 2006 when Ken Ham and Brad Hunstable first envisioned a live streaming communication platform for active-duty soldiers. They founded Ustream in 2007 with the help of Dr. Gyula Feher.

What is Ustream called now?

Ustream is now known as IBM Cloud Video or IBM Video Streaming.

What is Ustream used for?

IBM Cloud Video, formerly known as Ustream, is used to stream live videos, manage recorded content, and offer a customizable channel page for broadcasting.

How do you get Ustream?

Ustream was acquired by IBM in 2016 and is now known as IBM Cloud Video. You can start a 30-day free trial of IBM Cloud Video before signing up for one of three tiers of monthly subscriptions.

Is Ustream free to use?

IBM Cloud Video, the new name of Ustream now that it’s owned by IBM, comes with a 30-day free trial. After the trial, plans start at $99.00 per month.

What can I watch on Ustream?

You can watch a broad range of live streaming events and pre-recorded broadcasts through IBM Cloud Video, formerly known as Ustream.