TVT acquires Digital Media Centre12 July 2017
Independent media services company TVT has acquired 100 per cent of the shares in AMC Network’s Digital Media Centre.
The cash transaction has been completed today and DMC now becomes a TVT company with immediate effect.
DMC provides software defined, cloud-based media logistics and distribution services to media companies in 40 countries around the world.
Alongside the acquisition, TVT and AMC Networks International have also entered into a long-term contract whereby TVT and DMC will provide content management and playout services for a significant portion of AMCNI’s channels across Europe.
“We welcome the DMC team to the TVT family and are excited that our combined heritage, expertise, and values will, effectively, create a new global content services powerhouse, equipped to tackle the ground-breaking changes taking place in media and entertainment,” said Ian Brotherston, CEO of TVT (pictured).
“Together we have the unique, end-to-end capabilities to support our customers throughout their content journey, enabling them to meet the expectations and demands of today’s digitally-savvy consumers by enhancing the viewer experience and driving the future of next generation entertainment.”