How Video Works on the Internet
Where does a video actually go between the moment it's recorded and the moment someone watches it? Nick Morolda of Hive Streaming takes one of the most used and least understood technologies in modern business and makes it legible. You'll leave knowing how live video really works, and what it takes to deliver broadcast-quality streams everywhere, not just on the couch.
Category
TwentyThree Summit 2026Tags
View transcript
Good afternoon. I want to start by describing a scenario that many of us are familiar with, especially if we've worked in an office. A senior executive steps in front of a camera at a large company. The lighting is dialed in, the mic levels are set, and the cameras and encoders are ready to go live. Everyone is prepped. Whether this is a routine update or some sort of emergency critical announcement, the speaker and the presentation has all been drafted and redrafted to sound clear and convincing. And whether it's a multi-camera setup in an auditorium or a slick place like this, this is so cool, or just a simple webcam sitting on top of a laptop, the environment has been deliberately curated to look serious and professional and aesthetically at the level that the company considers it to be business-wise. And somewhere nearby, on a monitor or two, a production team sees exactly what they were hoping to create. A clear, high-quality live video stream going to tens or hundreds of thousands of views. That is not the version that most people will ever see when they open their laptops. What actually reaches people across a complex corporate network is something much softer, less vivid, and less human than what was originally created. And when that happens, it's not just the aesthetic video quality that suffers, the messaging suffers with it. And in a media environment shaped by consumer video standards and what we've come to expect from video on the internet, that difference has become much easier to see and harder to excuse. And much more consequential to the outcomes these events are intended to produce. That is what we're calling the enterprise video quality gap. And when that gap exists, something important is often lost. A message meant to inspire confidence can sound uncertain. A leader who felt persuasive in the room can seem lacking confidence and uncertain on the internet. But uncertain on a pixelated screen. And the communication meant to create alignment can create confusion as it makes its way across a complex corporate network. Making the message harder to understand, harder to get behind, and harder to act on. And that is also relevant to storytellers too and visual content creators. When the intent of a video production does not survive the journey from glass to glass. From the camera's lens to the laptop to our phone screen. So this is... While we're talking today about the enterprise and the enterprise video use case, this does have a lot of salience for general video content creation in general. So I'm hoping that if that's your thing, you get something out of this as well. But when large organizations use video to communicate important and complex ideas, the question is simply not whether the video looks good on a screen when an employee clicks join on a meeting. The question is whether the message is actually landing. Does it capture the attention of the employee? Does it hold their engagement if they are paying attention? If in fact they are paying attention, that's the first big barrier. And if they are engaged, how much are they actually understanding the message that they're consuming? And do they agree with it? And finally, the ultimate top of the mountain, are they able to act on it? That is what these events, whether they're attended in a room or in front of a screen, have always been about. And that goal has not changed just because the medium has, but once communication depends on video as it does in a globally dispersed workforce, the quality of that video starts changing how clearly the message comes through and how much of it survives intact. The clarity lives in subtlety, subtle communications. And in video, that subtlety survives only through the quality of that video. My name is Nick Morolda. I'm the Vice President of Service and Delivery at Hive Streaming. And at Hive, we spend a lot of time thinking about this, about what happens to video after it leaves the production room and goes across the network, across the internet, across the private corporate network, where it ultimately gets watched and consumed. But before I get ahead of myself, to understand why this gap matters so much, I think it helps to take a step back for a minute. First, to the beginnings of video streaming itself over the internet, and then the consumer experience that now shape what people expect good video everywhere to look like. So let's go back to the summer of 1990. A parking lot in Palo Alto, California, a research facility already famous for changing the Xerox PARC, it's called. This is a research facility already famous for changing the direction of modern tech. The laser printer, the PC mouse, and a lot of the other hardware bricks still sitting in our basement actually originated from this facility. And that is where what is often cited as the first public live video stream was carried over the emerging internet. And it was set up by this kind of oddball group of engineers, at the time they were using this weird experimental multicast platform called MBone. And they played in a punk band on the side, a punk rock band, and they streamed a live set across the early internet, reaching as far away as Australia. And I love this, not only as a huge fan of early 90s punk, the Replacements especially, but because it says something important about the beginning of this medium. It wasn't polished, it's not elegant, it wasn't wrapped in fanfare in a press release, it's weird, experimental, and gritty. It's very punk rock actually. But back then the achievement was not that it looked beautiful or inspired anything. The fact is it moved at all. Basically, I mean, you can tell from the quality of this screen grab from it, it has more in common with gas station security footage really than it does with any sort of thing that we would recognize today as a quality video experience. But the point is simple but profound, that live video transmitted across the internet as ones and zeros, as ones and zeros, is possible. But nobody today comes to video with the expectations of 1993. They come to it with expectations shaped by the modern internet. At home, platforms like Netflix, YouTube, and HBO have trained all of us to expect video that is crisp, fluid, stable, and immediate. We expect faces to look like faces. We expect text to be readable. We expect motion to feel natural. And we expect the technology to preserve enough of what's happening in front of the camera that it's still looking. We expect the internet to look real and visually compelling in front of our screens. And for the most part, consumer platforms have gotten very, very good at meeting that expectation. They didn't just prove that streaming at scale over the internet was possible, they turned it into the predominant way that people receive information and engage with the world around them. And as so often happens with this technology, once people get used to these expectations at home, they begin to expect the same thing at work. And this is a well-recognized concept in enterprise technology called the consumerization of IT. We've seen this pattern before with smartphones, software as a service, cloud storage. In fact, I'm seeing a lot of it today. I loved the demo of the TwentyThree platform I saw, and we're starting to see enterprise video platforms sort of awkwardly start to get up to this level that they're used to on external platforms. So it's an ongoing thing that's happening, especially being adopted in video. But as I said, video is going the same way. Not because the enterprise and consumer use cases are exactly the same, but because consumer platforms, as I said, have reset what people expect good video to look and feel like. Which means that the enterprise video quality gap, the gap between what is sent and what is delivered, and the gap between what people receive at home and they're asked to watch at work, has become, as I said, much easier to see and much harder to excuse. And now, a big part, though, of why that gap exists is that these enterprise networking teams, IT, they're operating against a very different set of priorities as content creators are. And as the consumer platforms are. The IT departments at these companies are not optimizing for one viewer, on one clean connection, across a mostly unconstrained open internet architecture, in the same way that the big streamers do. They're trying to preserve stability for thousands, tens, or sometimes hundreds of thousands of concurrent viewers across a very complex network of people. And uneven corporate network, with varying degrees of condition, depending on where the user is joining from. And this is the team that has to think about what happens when a bandwidth-heavy event collides with everything else the network is already carrying. So that's like, you know, email, text-based messages, all sorts of other real-time feeds, and highly critical feeds that actually are very monetarily important to the success of these businesses. Especially, we deal with a lot of banks and trading companies where milliseconds really matter, so video often gets deprioritized, but it is, we'd argue, as meaningful as a communication mechanism. But they make trade-offs. They cap the bitrate. They constrain the resolution of these videos. And they design their architecture conservatively. They build these very sophisticated and delicate globe-spanning infrastructures, optimized, as I said, almost exclusively for operational success. Not necessarily because quality doesn't matter to them, but because the environment is always changing, and stability is always changing. And stability is the condition that everything else depends on. A softer video is survivable. A video that freezes and buffers and stutters at scale usually isn't. And the risk they're trying to avoid is much bigger than a disappointing viewing experience. In the wrong conditions, bandwidth-intensive video can strain the network, disrupt other critical applications, and create all sorts of operational problems that become very, very expensive. I've seen people lose their jobs over some of these events going sideways, which, it happens, unfortunately, more than you think. And so, to be fair to IT, for those of us who have ever worked inside of an enterprise environment, they can be pretty grumpy. They come in for a lot of heat from some of us. But they have a very, very difficult job. And their concern is not irrational. They're not just protecting a video experience content. They're protecting the entire business. Which, and that is the thing that makes this gap so persistent. This friction, this real deviation in priorities between the departments responsible for content creation and video communication, and the department responsible for the delivery and video operations. Because on one side, as I said, and we've established, you have the very real need for stability. And on the other, I'd often more overlooked side, as a video guy, you have the need to preserve enough of the human signal for the communication to be successful. And that is the side that too often gets treated as secondary when technical teams are forced to optimize exclusively for stability and risk. And when those two things come together, when things are badly balanced, what gets lost is not just fidelity. People stop paying attention. And the speaker loses credibility. And when the speaker loses credibility, people don't trust them as much. And trust in enterprise relationships, any relationship, but especially enterprise relationships where there's so much cynicism towards leadership, there's no humanity preserved. When somebody is just so washed out with pixelization, poor lighting, poor production quality. And that has a real impact on the outcomes these events are trying to produce. How much money is going to be lost or gained as a result of poor video quality? There is a direct correlation. And we need to together get these companies and these senior decision makers at these enterprises thinking about this. But we do know that, to varying degrees, companies do value effective live video communication. The research has shown, and is very solid, that people are much more likely to watch and retain information from real-time video communications than they are from asynchronous video communication. And research has also shown that poor audio and weak visual quality do not just make a video annoying and unpleasant to watch. They raise the mental effort required to follow what is being said. And when that effort goes up, comprehension, trust, and credibility can begin to come down in very subtle but very meaningful ways. And that is a serious problem for enterprise communication. Because if a leader is announcing, a strategic shift, a restructuring, a difficult decision, or a major change in direction, the organization is not just passively consuming information. It's evaluating conviction. It's evaluating competence. It's evaluating, really, whether this leader is somebody even worth following in the first place. Something that executives and business leaders need to be very concerned about. And they need to understand that video quality matters to a lot more than whether something looks good on the screen. Now, I'm not trying to be up here arguing that video should always be measured against consumer video standards, what we watch at home with Netflix. I'm not saying, or when we go out to the movies. I'm not saying that every CEO town hall needs to be optimized for 4K 60 frames per second or an IMAX resolution for the messaging to be effective. What I'm saying is that it's worth striving for standards that are high enough to preserve the detail required for that communication to be effective. And once you frame the problem that way as a technical choice with a real business concept, not just more is always better, let's jam as many pixels as we can into this stream before something breaks, the conversation starts to change. It stops being about whether video should just look better. It starts becoming about how much of the original communication survives the journey from the camera's lens to the viewer's screen. Because that journey is where the compromise happens. And this is where the idea of the enterprise video quality gap comes fully into focus. Not just as the difference between consumer and workplace video experiences, but as the difference between what the consumer needs to see, what those internal production teams capture, and what the audience actually gets. I want to go a little bit deeper into how deep this quality gap is though. In terms of ones and zeros, in bits and bytes, and in pixels and frames. So at home, many people are already used to very solid 1080p and I think a good baseline is 5 megabits per second for live video. Or better, often, in good conditions. And this is a number that aligns pretty close with the public guidance that has been given to us by YouTube and Netflix and the big video streaming platforms. So a good aspiration point for where we think we can get enterprise video. Bitrate also, for anybody less familiar with the term, is just the amount of data being used to describe the picture at any given second or millisecond in general. Higher bitrate means greater detail, smoother motion, better resolution, etc. A typical internal live event though often taps out something closer to 720p, the second bar there, at 1.5 to 2 megabits per second. And that's not a made up number. EV platform data and surveys suggest that roughly 94% of typical enterprise events land in that range. So in most cases, what viewers receive is a materially smaller stream. About a 60 to 70% reduction in overall quality, if my math is right on that. I had to do it, I have too many young kids. I have two nephews in my life, they wouldn't forgive me. But in the more constrained parts of the network, delivery can fall much further. Often to 360p, at roughly 500 to 800 kilobits per second. And at that point, viewers may only be getting 10 to 15% of the quality they're used to seeing at home. So at the lowest quality levels, this is not a subtle difference between what people see at home and what they see at work. It is a dramatic and catastrophic reduction in how much visual information is actually left for the viewer to see. Now this might seem like an edge case if you spend most of your time in a headquarters watching video at home or in well connected office locations, but it is not uncommon in more strained parts of the networks and the environment. The kind of places where network conditions are much less forgiving. We see these kinds of quality levels consistently on places like oil rigs or mining locations, rural call centers, banking branches, manufacturing plants, environments that for a lot of reasons are just really tight on demand. It's actually surprising. We work with a lot of Wall Street firms, and as much money as they have, because of just the deprioritization of video in relation to, understandably, they want their trading software and Bloomberg terminals all to work, they still are not bringing video, in many cases, above 360. It's not a statement of what their capabilities are, it's just their complete misalignment with the impact that live video has. But... I'm going to get myself here. My slides are not working. Just for one second. See, this is the kind of thing, you would want to see the bead of sweat on my forehead as I sit up here flopping as my technology fails me. That's something anybody who's watching a live stream is entitled to. The leadership might not like it. Here we go. Alright. Let's keep rolling. I can't affect that part of the video experience, unfortunately. We're working on it. But, you know, production teams and companies, when they do try and deal with this problem, they reach for all the fun stuff. Better cameras, better lighting, better microphones, all this stuff like I love as a video nerd. And they invest heavily into this stuff as a part of their strategy, and it does make an enormous difference. But it's only, I'd say, a fraction of the equation. Without protecting the delivery side too, which is admittedly much less sexy, a lot of the real value of that investment disappears before it ever gets to the viewer. So let's make this a little bit more concrete. Take a premium high production town hall delivered at 1080p, the same consumer live benchmark we just established a minute ago. A standard that, while, as I said, still ambitious, is absolutely attainable for most enterprises. At Hive, we've brought plenty of organizations to this level. And, you know, this feels premium. Much more subtlety is surviving here, especially when you start with a decent camera and encoder, which is what this example you just saw. And in an auditorium set up like the one we're in, a healthy bit rate and quality density matters quite a lot, because when cameras are positioned in the back of the room, the team needs, there needs to be enough pixel density to zoom and crop or punch in without the camera falling apart. So it's not just the wide shot resolution. That's where these frame rates and these higher bit rates really make a huge difference. And as I said, you know, we're seeing the facial expressions here. The small details in the eyes and mouth remain visible. The picture feels more distinct from the background. And you're still seeing a lot of the even readable text from the display. All of those, as I've said, these details here go a really long way in preserving that credibility and the clarity of the message and the sense that the person on screen is worth listening to. Even audience reaction shots, when you have the cameras for them. I guess our speaker now is in the audience. I just noticed that. They matter. You've got to love the Adobe stock footage. They keep you on your toes. And it matters a lot more than people realize. At the higher quality, these cutaways give remote viewers context for how the message is landing. And that matters because people watching remotely take their emotional cues from the mood of the room, how they see other people are reacting. It becomes easier to carry that message through to people who are watching somewhere else when you have that quality there. It's the same reason why late night talk shows and the older, hackier sitcoms my parents watch all had laugh tracks and live studio audiences. But now look at 360p. Look at the difference. This is the lower quality version, the kind that our oil rigs and our mining locations are getting. 360p, 500 to 800 kilobits per second. Most of that detail starts to fall away. The faces flatten out. The edges are softening. The speaker and the audience become less vivid, less nuance, less credibility, less trust. But this type of multi-camera setup is maybe a once a quarter occurrence. We're not going to spend this kind of cash every week, every time the CEO wants to do a town hall. So more frequently, we have the classic webcam on top of the laptop. Let's take that same effect and look how it occurs with a much more quotidian example. This example is based on a basic consumer-level webcam. They're so good now. You can pick them up for like $250 USD. And the kind of micro-expressions you're seeing in the face do a lot in these tight shots when you have a good source capture. They communicate seriousness or levity, conviction, an emotional investment. You see it in the movement around the brow and the eyes and in the corners of the mouth, the small cues that are making this speaker feel present, expressive and real. I'm just noticing this now. The beard gray actually shows maturity too. I know it sounds like I'm doing an ad for those Just For Men five-minute hair dye, touch of gray beard products. But I think that there's some truth to that. I know that there's going to be plenty of speakers who do not want to see their grays come through to their employees. But that is a grooming decision, not a video quality one that should be thrust upon them because of poor bandwidth conditions. Let's look at 360p. The 500, 800 kilobits per second. When the video quality flattens out these cues, most of these micro-expressions stop surviving the trip across the network. And with them goes the immediacy, sincerity and the emotional precision that helps a good speaker feel believable. We're going to come back to him in a minute. But let's make this drop off even more obvious. Sooner or later, in one of these events, almost every executive and everybody who's ever worked with corporate video knows has had this experience. They're going to start sharing their screen and walking through charts, text and the slide deck packed densely enough to resemble a 5 by 8 inch takeout menu. Now, no matter how often we as production teams actually beg their presenters to simplify their slides, they keep coming back with data dumps masquerading as visual aids. God bless them. They're not going to change. We're going to stop designing our workflows around the fantasy that they will. But the content still at 1080p remains readable enough to follow. But look at 360p. Whatever weaknesses were already in these slides and these visual accompaniments, due to their density, are brutally amplified. The whole structure falls apart and with it any realistic chance the audience has to follow the argument. At that point, forget about micro-expressions and subtle communication cues. They might as well have sent this with a fax machine. The speaker, you know... Because underneath all of this is a very foundational truth. The more effort that a brain, and this is... There's collegiate and neurological and psychological studies that back this up. Media richness theory. That the more effort a brain has to spend decoding a signal, the less time it has to decode a message. Say it again. Because it's super important and it's like the driving the X and the Y of the logic. The more effort that a brain has to spend decoding a signal, the less it has to decode a message. And when you start thinking about quality through that lens, the stakes become much clearer. But there's something else quality communicates from leadership. Something much more implicit. It signals care. The clarity and the lighting and the overall production standard. All of it can signal that leadership believes that this moment matters. That the message matters. And that the audience, their employees, they matter. And they're worth the effort. That alone creates buy-in. It creates the sense of feeling being included and considered. It says something quietly but powerfully about a company's standards. And about how seriously it takes both the message and the people receiving it. Imagine you're on the floor of a call center somewhere in a manufacturing plant. Working at some remote site. And it's third shift. You've been looking at a screen all day. You've been underneath fluorescent lights for hours. And now you're being asked to stop what you're doing. Watch some video from corporate that looks like this. At that point you might be thinking they spent all this money on this video I can barely see and hear. We can't even get decent coffee in the break room. He's not a leader to them. He's another empty suit. How receptive do you think these employees are to the message then? And that is, you know, really the point of all of this. It's not just to show that the video enterprise is a good company. The enterprise video quality gap is real. But to show why it matters. Who it affects. And how much of a message and yes, speaker's reputation can be lost. As a video stream moves through a large organization's complex network. Because once you see that gap clearly the conversation changes. It stops being about whether the problem exists and it starts becoming about what it takes to fix it. And the encouraging part is that this is a solvable problem. We do not have to accept this as the permanent condition of enterprise video messaging at scale. Because the problem is not that these production teams, the video professionals in this room that work with these companies, aren't capable of putting out better video experiences. We know that they are. The cameras, the lighting, the mics and the encoders, all that stuff is often very good. The problem is, again, that too much of that quality gets lost after the video leaves the production environment and starts moving through the network. That is the part of the journey that has to be managed more deliberately. And at Hive, that's the time the problem is solved. That's about the time the problem we spend our time trying to solve. Before an important town hall, leadership webcast or company-wide announcement, we believe and develop our tech around the idea that teams should not have to guess whether their network is ready. They should not have to guess whether a specific site is going to struggle. They should not have to guess whether pushing to a higher quality level is going to create risk. Operational risk. They should be able to validate that in advance. That is what Hive Sense is designed to do. To assess readiness, detect risks, and validate specific sites and surface potential issues before the audience ever even joins. And then during the event, the Hive eCDN, the Enterprise Content Delivery Network, ensures that that video moves with stability and good pace and readily through the network. And it's not just the goal isn't to simply push as much video as possible. It's when, you know, just to make sure that everybody is getting the quality they need for the message to be retained. And when something does start to go wrong, the team needs more than a vague sense that there's a problem somewhere. They need to be notified of where it is happening and actually be able to do something about it. And that is where Hive Control comes in. It's in the ability to create or even modify video parameters in real time with active issue detection. With these types of product developments that Hive has been making, these tradeoffs, the enterprise video quality gap gets closed and they start to melt away. And we've seen this happen. It's so encouraging for people who really care about video. And with the right visibility, intelligence, and control, the enterprise can protect both. You don't have to choose anymore. And the difference between having simple analytics and real operational visibility into how this gap is closing is really as important. And what you're looking at here in these Hive dashboards is the kind of depth that changes the conversation around what is possible with video. Not just did the stream work, what happened across the entire webcasting ecosystem, which viewers were healthy, which ones were under stress. And that is the larger direction that we as a company have been moving into. Not just defensively protecting the network, but offensively trying to push higher quality and video standards for the businesses that really do need it most, whether they often realize them or not. The direct correlation between operational success, financial performance, employee retention, employee engagement is well documented. And it's a business case that I believe that we have not as video professionals in an enterprise. In the enterprise space have done a good enough job advocating for what we do. If there's one thing that I hope you remember from all this, it's that I really believe, and this is also true for asynchronous video, pre-planned content, snackable content. The communication quality is measured, video communication quality is measured by just how much of the humanity it preserves. And I want to close with a story from earlier in my career, because for me this was the moment the whole argument became impossible to ignore. I used to be on the client side. I used to run video infrastructure and operations and creation at some very large companies. And this was before COVID, this was before video started being recognized as the operational necessity it is now. And our CEO was a huge champion for video. A real evangelist. He would love getting on camera and talking to employees. And he was really good at it. He was kind of uniquely talented in that respect. And he was one of those naturally warm and charismatic guys with a big booming Ghanaian accent. And really just a wonderful guy. In fact, the example I showed you of the talking head a few minutes ago was actually based largely on him. And he was from West Africa. He was from Ghana, as I said. And he had a very dark skin tone. And for video teams, that can sometimes be challenging when the lighting, compression, and downstream delivery quality, or upstream video quality, is not solid enough to preserve the facial detail. Because that stuff can get lost more easily on someone like him than it does for somebody with lighter skin. And the features that made him feel so vivid, many of the features that made him feel so vivid and human in the room disappeared once it was pushed through our especially constrained network environment. Our IT department was very stingy about bandwidth. The numbers on our events weren't good. We were seeing very steep audience drop-off. Very weak viewer retention. And low average watch times and poor completion rates. And that was incredibly frustrating because of how good the presentations were in the room. We tried a lot of things. Different lighting setups, different camera choices, different production approaches. And a lot of it really helped a lot. And we could always get them looking really, really good in the control room. But the analytics and survey feedback didn't move much. And told us that the problem was not our front-end capture. The problem, as it so often is, was the delivery environment. And as the video moved across the network, the compression, the IT requirements, were stripping away too much of what made this man such an effective communicator. And even though I knew more or less what the problem was, I was hoping it wasn't that because I was dreading the IT of having to go back to these grumps in IT and ask for more bandwidth, hat in hand. But with the support of some executive champions and as a part of a broader conversation around inclusion and equitable communication, we were able to make the case that this was not just an aesthetic preference. It was a communication issue. An inclusion issue. And a leadership issue. We showed side-by-side comparisons. And once people saw how much more of this speaker came through in the higher quality versions, it became very difficult to continue to argue that the lower quality versions were acceptable. And we won. We got support. We made network changes. And we got the tools and the platforms we needed to optimize the environment, improve the delivery, and protect stability at the same time. And then, you know, something interesting happened. People started responding differently. In the months after the change, live retention for us increased by 18%. 24% increase in watch time. 30% completion rate increase. And in post-event surveys, words like clear and engaging started popping up. Our cameras didn't change. Our lighting didn't change. His style didn't change. And the substance of what he was saying didn't really change much either. The only thing that changed was the video quality and the fidelity of the stream that actually got to the end users. The pattern is undeniable. We've seen this over and over again with so many of our Hive clients. And it is always this big light bulb moment for a bulb we've had screwed in since 2007. And I'm not, to be clear, I'm not up here using this topic as a backdoor sales pitch for Hive Streaming or other products we make. Come see us at our booth for that. I am talking about something I've seen over and over again in the real world. As someone who's spent their entire career in enterprise video at the operational and content creation side. And now spends my day, you know, working directly with some of the most advanced and sophisticated video professionals at some of the biggest companies in the world. And I've seen what happens. When video quality survives the journey from the camera to the viewer's laptop. And I see what happens when it doesn't. And once you've seen that difference enough times, it becomes impossible to keep pretending that video quality is just cosmetic. The job is to not just move video through across a corporate network without breaking it. The job is to preserve enough of a person, enough of a moment, to actually amplify and not create a weak version of something that was supposed to be a weak version. And that's supposed to be very necessary for that business to be successful. And if we fail at that, then all we've really done is spend a lot of time and money delivering a weak, milquetoast version of something that was supposed to be important. But if we get it right, and we preserve the nuance, the clarity, and the subtle human details that make communication land, then live video can be what it was always supposed to be in the enterprise. A force multiplier for leadership, alignment, and action. That is why this gap matters. And that is why it's worth closing. And no matter what new technologies emerge, AI, avatars, VR, whatever comes next, the basic human need underneath all of that for business video is not going away. In large enterprises, most of the people will still not be in the room where important things are being said. They'll be somewhere else. Relying on technology to carry a voice, a face, a tone, an idea, or a decision across vast distances. The tools may change. The protocols may change. The interfaces may change. The formats may change. But the underlying challenge remains the same. People still need to see and hear one another clearly enough for meaning to arrive intact. And that is exactly why this matters so much. Because no matter how advanced the technology becomes at the point of creation, all the cool stuff we're doing, all the reasons we're all here, if too much of that is getting lost on the delivery side, then what good is any of this? Our job as the people responsible for how enterprise works, responsible for how enterprise video is produced, delivered, and experienced remains the same. We close this gap. We preserve the humanity behind a message. And we make sure that the video that reaches a viewer in a large organization is strong enough, clear enough, and convincing enough for that message to be understood, trusted, and acted upon. Thank you.