FEED Winter 2024 Newsletter

EON MEDIA CORP CEO: Ashish Agrawal

What is the company’s origin story? Eon Media Corp began with a common problem witnessed during the 2018 NBA Championships. In the semi-finals between Toronto and Philadelphia, a buzzer-beater shot created a huge commotion. Eon founder Ashish Agrawal, who lives nearby, heard the excitement but didn’t see the moment on his TV for more than 65 seconds. The delay confused him, as he missed the historic moment it aired, highlighting a widespread issue: latency in live streaming, particularly when watching content online. This inspired the company to dedicate itself to solving critical problems in video experiences within the broadcast, sports, media and entertainment industries. Founded in 2020, Eon Media’s primary goal is to simplify the experiences of everyone it’s connected with. Customers and partners should need no prerequisites; integration of new solutions should be adaptable without needing changes to existing practices, and at no additional cost. All of Eon’s products, including its AI technologies, are built entirely in-house, ensuring no dependency on third parties. It builds individual AI models rather than relying on a single one to perform multiple functions. Eon’s mission is to unlock monetisation opportunities for media companies and broadcasters, maximise ROI for sports organisations and sponsors and streamline operations with cost-effective, innovative solutions. What is it working on right now? Eon Archives AI: Transforming decades of media archives into valuable, monetisable assets with AI. It features intuitive insights, digital storefronts and top-tier content security (watermarking and content tracking). Gov Sessions Insights: This new AI-driven service addresses the complex challenges faced by journalists, analysts, lobbyists, lawyers and researchers in navigating and extracting value from extensive government recordings. Eon Extract: Offering accurate, real-time brand ROI insights, optimising brand exposure and converting metadata into powerful ROI strategies. What is the next step? Eon Media is working on the capability for broadcasters and content owners to fact-check AI assets. It’s also looking to expand outside North America, onboard dedicated business development members and focus on the vast monetisation potential of historical content from sports organisations. What one thing does the company need most? Eon Media wants more broadcasters, sports organisations and content owners to learn about and use its products. It cares about ensuring your content continues to entertain and educate others!

YEAR FOUNDED: 2020

COUNTRY: Canada

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