Coconut is a privately owned US-based company founded in 2007 that provides cloud-based video transcoding and playout solutions. As of 2023, the company employs approximately 10 people and generates less than $1 million in annual revenue.
On March 27, 2025, a report noted that Netflix integrated the AV1 codec alongside HDR10+, resulting in a potentially enhanced viewing experience. On April 1, 2025, another report discussed the increasing importance of video codecs in various sectors due to rising video consumption. On April 15, 2025, a separate report discussed edge computing and its potential to improve OTT video delivery by reducing latency. Finally, on an unspecified date, Thai Coconut Public Company Limited reported first-quarter earnings for 2025, with revenue reaching THB 1550.55 million.
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