RR Media

Last updated
RR Media (NASDAQ:RRM)
Company type Public (NASDAQ)
Industry Digital media services to the broadcast industry
Founded1981
HeadquartersAirport City Business Park, Israel
Key people
Wilfried Urner, Chief Executive Officer
Ayal Shiran, Chairman of the Board
Shmulik Koren, Chief Financial Officer
RevenueIncrease2.svg US$ 131.2 million (2014)
Increase2.svg US$ 8.2 million (2014)
Increase2.svg US$ 6.1 million (2014)
Website www.rrmedia.com

RR Media was a NASDAQ listed [1] provider of global digital media services to the broadcast industry and content owners. Its services can be divided into four main groups: global content distribution network (satellite, fiber and the internet); content management & playout; sports, news & live events; and online video services.

Contents

The company was rebranded to RR Media from RRsat in September 2014. [2]

In February 2016, it was announced that, subject to regulatory approvals, RR Media was to be acquired by SES, based in Betzdorf, Luxembourg, and merged with SES subsidiary company, SES Platform Services a media services provider for television broadcasters, production companies and platform operators, based in Unterföhring near Munich, Germany. [3] In July 2016, the merged company was named MX1. [4]

Digital media services

  1. Global content distribution services
    RR Media's global distribution network uses a combination of satellite, fiber and the internet. The network includes satellite downlink and uplink; fiber connectivity to digital media hubs; connectivity to TV service providers; and internet-based content delivery. RR Media's network delivers live television channels, streaming media and Video on demand (VOD) content in all formats including Standard-definition television (SD), High-definition television (HD), 4K resolution (4K) & 3D television (3D).
  2. End-to-end content management & playout services
    RR Media manages, prepares and plays out content from its media centers. Services include: content preparation (digitization, localization, conversion, ingest, multiple formatting, editing, restoration); content management (digital asset management, media ingest and library, streamlined workflows, metadata curation, Video on demand (VOD) delivery) and playout, channel creation, playlist management, advertising insertion/management, graphics, titles & overlay, live events operations). RR Media also creates branded or white label product television channels using live and archived materials.
  3. Sports, news & live events
    RR Media delivers live sports and event content for sports rights holders, broadcasters and news channels. Services include: live production (Outside broadcasting vans, Satellite news gathering (SNG), studios), global live distribution, sports content preparation and content management, playout and origination.
    RR Media provides downlink, uplink, simultaneous translation, turnaround and live production services for sports events like football, basketball, tennis and golf, news and entertainment channels.
  4. Online video services
    RR Media converts existing and archive content into programs, channels and other digital assets, and converges broadcast and internet delivery.
    Services include converged media (preparing content for broadcast or online use) Content Management Systems (CMS), VOD services, branded platforms, multi-screen delivery, web video portals and viewer measurement tools (using digital analytics).

Media centers

Media Center (RR Media) RR Media Global Media Center.jpg
Media Center (RR Media)

RR Media's media centers are based in Hawley, PA (USA), Emeq Ha’Ela (Israel) Bucharest (Romania), with another facility opened in London, (UK) in June 2015. [5] An additional facility in Miami, FL United States was announced in April 2016. [6] The centers provide RR Media's services, including content preparation, management, online video, live content and distribution, and 24/7 service and support.

Awards

In November 2014, RR Media won the award for Achievement in Legacy Content at the 2014 TVB Europe awards in London, in recognition for its work with British Pathe and the restoration for YouTube. [7]

In February 2014, the World Teleport Association named Avi Cohen, CEO of RR Media (formerly RRsat), as its 2014 Teleport Executive of the Year. [8]

In 2009, the World Teleport Association awarded RR Media (then RRsat) the Independent Teleport Operator of the Year award for excellence. [9]

History

RR Media (as RRsat) was established in 1981 as a communications provider. The company was founded by David Rivel, an electronics, computers and communications engineer. Rivel is CEO of the company for 31 years and from 2012 a Member of RR Media's board of directors.

Under management of Rivel RRsat Communications Network Ltd. went public on 2006-11-01 - NASDAQ:RRST

In 2014, the Company rebranded from RRsat Global Communications Network to RR Media. The rebrand was launched at the International Broadcasting Convention (IBC) Show in Amsterdam. [10] In 2015, RR Media announced its NASDAQ stock ticker symbol change to RRM. [11]

Acquisitions

In April 2015, RR Media acquired Eastern Space Systems (ESS) in Romania, a privately held provider of content management and content distribution services and related consulting services. [12]
In June 2015, RR Media acquired Satlink Communications as part of strategy to increase scale and expand its global content distribution network and content management footprint, strengthening its customer mix and leverage media industry expertise. [13]

Related Research Articles

<span class="mw-page-title-main">Telewest</span> British cable and telecommunications company

Telewest was a cable internet, broadband internet, telephone supplier and cable television provider in the United Kingdom. It was listed on the London Stock Exchange, and was also once a constituent of the FTSE 100 Index.

Video on demand (VOD) is a media distribution system that allows users to access videos, television shows and films digitally on request. These multimedia are accessed without a traditional video playback device and a typical static broadcasting schedule, which was popular under traditional broadcast programming, instead involving newer modes of content consumption that have risen as Internet and IPTV technologies have become prominent, and culminated in the arrival of VOD and over-the-top (OTT) media services on televisions and personal computers.

<span class="mw-page-title-main">Eutelsat</span> French-based satellite provider

Eutelsat S.A. is a French satellite operator. Providing coverage over the entire European continent, the Middle East, Africa, Asia and the Americas, it is the world's third-largest satellite operator in terms of revenues.

<span class="mw-page-title-main">Internet Protocol television</span> Television transmitted over a computer network

Internet Protocol television (IPTV), also called TV over broadband, is the service delivery of television over Internet Protocol (IP) networks. Usually sold and run by a telecom provider, it consists of broadcast live television that is streamed over the Internet (multicast) — in contrast to delivery through traditional terrestrial, satellite, and cable transmission formats — as well as video on demand services for watching or replaying content (unicast).

<span class="mw-page-title-main">SES (company)</span> Communications satellite owner and operator

SES S.A., trading as SES is a Luxembourgish satellite telecommunications network provider supplying video and data connectivity worldwide to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions.

In broadcasting, channel playout is the generation of the source signal of a radio or television channel produced by a broadcaster, coupled with the transmission of this signal for primary distribution or direct-to-audience distribution via any network. Such radio or television distribution networks include terrestrial broadcasting, cable networks, satellites, Internet Protocol television, OTT Video, point-to-point transport over managed networks or the public Internet, etc.

<span class="mw-page-title-main">Sky Deutschland</span> German media company

Sky Deutschland GmbH, branded as Sky, is a German media company that operates a direct broadcast satellite Pay TV platform in Germany, Austria and Switzerland. It provides a collection of basic and premium digital subscription television channels of different categories via satellite and cable television.

<span class="mw-page-title-main">MGM+</span> American pay television network

MGM+, is an American premium cable and satellite television network owned by the MGMPlus Entertainment subsidiary of Metro-Goldwyn-Mayer (MGM), which is itself a subsidiary of Amazon MGM Studios. The network's programming consists of recent and older theatrically released motion pictures, original television series, documentaries, and music and comedy specials.

<span class="mw-page-title-main">WarnerTV Film</span> Television channel

WarnerTV Film, formerly Turner Classic Movies (TCM) and TNT Film, is a German pay television channel owned by Warner Bros. Discovery International. The channel broadcasts movies both in their original language and dubbed into German.

<span class="mw-page-title-main">SES Platform Services</span> European telecommunications company

SES Platform Services GmbH was a subsidiary company of SES based in Betzdorf, Luxembourg. From its headquarters in Unterföhring near Munich, Germany, SES Platform Services operated a broadcasting centre, providing a wide range of services, including content management, playout, encryption, multiplexing, satellite uplinks and other digital TV media broadcast services for the broadcast industry.

<span class="mw-page-title-main">TV Everywhere</span> Authentication for streaming video

TV Everywhere refers to a type of American subscription business model wherein access to streaming video content from a television channel requires users to "authenticate" themselves as current subscribers to the channel, via an account provided by their participating pay television provider, in order to access the content.

An over-the-top media service is a digital distribution service offered directly to viewers via the public Internet, rather than through an over-the-air, cable, or satellite provider. The term is synonymous with "streaming platform", such as Netflix and Amazon Prime Video which provide access to subscription-based film and television content (SVoD). OTT television, commonly called streaming television, has become the most popular OTT content.

Vubiquity, Inc. is a Burbank, California-based provider of content monetization, distribution and processing technology used by entertainment and media companies. The company ensures its client's video content is properly formatted, licensed and tracked when shown on different media outlets, such as streaming services.

Vision IPTV is an internet TV and IPTV company located in London. The business offers a white label, broadcast standard, over-the-top internet TV platform service, based on the server technology developed by sister company Playout247, which provides satellite playout services which deliver channels to SKY and other satellite operators. Vision IPTV is based in central London. In February 2011, Vision IPTV opened an office in Dubai.

A multichannel television service, also known as simply a television provider, is a type of service provider who distributes television programming to its customers for a subscription fee. Subscription television providers distribute television channels that offer different types of programming, typically including local television stations within their market, specialty channels that are distributed solely through multichannel television providers, and pay television services that offer premium content such as feature films and other original programming.

Harmonic Inc. is an American technology company that develops and markets video routing, server, and storage products for companies that produce, process, and distribute video content for television and the Internet.

<span class="mw-page-title-main">WWE Network (Canadian TV channel)</span> Canadian television channel

WWE Network was an English language specialty television channel programmed by United States–based professional wrestling promotion WWE, a subsidiary of TKO Group Holdings, and distributed to Canadian television service providers by Rogers Sports & Media. Its programming consisted entirely of the linear feed offered as part of the WWE Network video streaming service.

<span class="mw-page-title-main">MX1 Ltd</span> Global media services company

MX1 was a global media services provider founded in July 2016 from a merger between digital media services companies, RR Media and SES Platform Services, and a wholly owned subsidiary of global satellite owner and operator, SES.

Synamedia Ltd. is a video technology provider headquartered in Staines-upon-Thames, UK. Its products cover content distribution and delivery, video processing, advanced advertising, broadband offerings, and video security.

<span class="mw-page-title-main">Jungo TV</span> American entertainment company

Jungo TV, LLC is a privately-held media company that owns and operates television channels and streaming apps founded in 2016. Jungo TV is headquartered in Los Angeles with offices in San Diego, Mumbai, and Manila.

References

  1. "RR Media Ltd. Stock Quote & Summary Data". NASDAQ.
  2. "RRsat rebrands to RR Media". TVBEurope.
  3. "RR Media to Merge with SES Platform Services" (Press release). RR Media. February 26, 2016. Retrieved February 26, 2016.
  4. "SES Platform Services, RR Media Merge into MX1". Broadcasting & Cable. 6 July 2016.
  5. "RR Media opens European media centre". RapidTV News.
  6. "RR Media Opens Regional Media Center for Latin America". Via Satellite. 13 April 2016.
  7. "The Winners". TVBAwards.
  8. "World Teleport Association Names RRsat's Avi Cohen its 2014 Teleport Executive of the Year". World Teleport Association.
  9. "Teleport Awards For Excellence 2009". World Teleport Association.
  10. "RRsat rebrands to RR Media". TVBEurope.
  11. "RR Media Finalizes Name Change, Announces Stock Ticker Symbol Change to "RRM"". Yahoo Finance. 11 February 2015.
  12. "RR Media acquires Romania's ESS". Globes. 12 April 2015.
  13. "RR Media Buys SatLink Communications for $19 Million". Via Satellite. 9 June 2015.