Managing and Delivering Broadcast Channels With Service Upgrade to Include Linear Streaming to Online Platforms
AIRPORT CITY BUSINESS PARK, Israel--(Marketwired - Jan 13, 2016) - RR Media (NASDAQ: RRM), a leading Provider of global digital media services to the broadcast and media industries, has announced an upgraded contract renewal with Fashion One television network, the premier international fashion, entertainment and lifestyle broadcaster. RR Media will provide content management and global delivery services for nine of the network's channels in multiple configurations and localized versions both in SD and HD formats. RR Media has also added linear streaming to the service, delivering content to online platforms such as Daily Motion and YouTube.
Reaching an audience of more than 420 million households worldwide, Fashion One is one of the fastest growing and well distributed special interest channels in the world with availability in more than six continents. RR Media's smart global network delivers these channels with optimized distribution over satellite, fiber and the Internet.
RR Media manages all the regional configurations and localized versions from worldwide Media Centers located across three continents, providing a one-stop-shop for Fashion One where content is managed, monitored and delivered across the globe to any screen.
From street style and beauty tips to front row at fashion week and the red carpet, anyone can access high quality entertainment with original programming, breaking industry news and all-access footage from the industry's most exclusive events.
Gleb Livshitz, COO of Fashion One television network, said: "With the longstanding commitment to providing our viewers the best viewing experience, we are pleased to partner with RR Media in providing the highest quality content to a greater worldwide audience. Together, we look forward to introducing the latest broadcast innovation by delivering Ultra HD quality experience and expanding the business horizon."
Shlomi Izkovitz, VP Global Sales, RR Media commented: "This contract upgrade demonstrates the dynamic nature of our company. We provide excellent service and truly become a business partner to our customers. To assist in expanding audience reach for our partners, therefore creates for them further revenue opportunities. We are thrilled with the result and look forward to working with Fashion One in the future."
About RR Media
RR Media (NASDAQ: RRM) works in partnership with the world's leading media players to transform content into valuable media assets. RR Media's complete ecosystem of digital media services maximize the potential of media and entertainment content, covering four main areas: smart global content distribution network with an optimized combination of satellite, fiber and the Internet; content management and channel origination; sports, news & live events; and online video services. RR Media provides scalable, converged digital media services to more than 1,000 broadcasters, content owners, sports leagues and right holders. Every day, the company manages and delivers over 24,000 hours of broadcast content, over 4,000 hours of online video and VOD content and over 350 hours of premium sports and live events. The company delivers content to 95% of the world's population reaching viewers of multiplatform operators, VOD platforms, online video and direct-to-home services. Visit the company's website www.rrmedia.com.
Safe Harbor Statement
This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry as of the date of this press release. We undertake no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in our expectations, except as may be required by law. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements, including the risks indicated in our filings with the Securities and Exchange Commission (SEC). For more details, please refer to our SEC filings and the amendments thereto, including our Annual Report on Form 20-F for the year ended December 31, 2014 and our Current Reports on Form 6-K.
Source: Marketwired - All
Link: Fashion One Television Upgrades Media Services Contract With RR Media