Platinum Equity today announced the acquisition of Deluxe Entertainment Services’ distribution business. Financial terms were not disclosed. Deluxe Entertainment's creative businesses are not included in the acquisition. Former Deluxe CEO Cyril Drabinsky, who left the company in 2016 to found CineVizion, is returning to lead the business as CEO under Platinum Equity's ownership. As part of the transition, CineVizion's assets will be integrated into Deluxe.
Deluxe Entertainment Services has launched One VZN (pronounced “vision”), a new cloud-based IP delivery option for distributing major studio and independent content to movie theatres and exhibitors worldwide quickly and securely. Developed in collaboration with Amazon Web Services, One VZN is an enhancement to the Deluxe One platform, the company’s flagship cloud-based solution that unifies the media supply chain. One VZN leverages Deluxe’s 100-plus years of experience providing high-quality, reliable theatrical services to the media and entertainment industry and represents a continued investment in theatrical content delivery and support for the resurgence of theatrical viewing by consumers.
MetaMedia, Velocity and Pixelogic have formed MVP, a partnership between the three companies to deliver streamlined workflows and reduced cost in relation to the creation and delivery of content direct to theatres around the world. Harnessing the combined capabilities of each partner, MVP aims to improve how digital cinema packages, key delivery messages and cinema advertising are produced and distributed over managed internet connections directly to exhibitors’ screens and dynamic digital lobby displays.
20th Digital Studio will premiere a series featuring 60 diverse, genre-bending short films for Halloween. These range from horror comedy to psychological thrillers and everything in between. The entire series will be screened in September and October across Disney’s digital and broadcast platforms including ABC, Freeform, FX and Hulu.
Whip Media Group has named Pixelogic as a strategic supply chain partner. The companies say the partnership will provide media companies better transparency into their content workflows to maximize revenues, reduce costs, increase efficiencies, and get complete visibility and control over where and how television and movie titles are being distributed, both on a global scale and in real-time.
Nagra’s IP Blocking solution has won the top spot in the Protecting Content and its Value category of the Videonet Connected TV awards.
Nagra, a Kudelski Group company, has exceeded 1.5 billion multi-digital rights management licenses served by its cloud-based security services platform for the Airtel Xstream app. Airtel Xstream is the digital entertainment platform of Bharti Airtel, India’s largest integrated telecom company. Built as an India-first video network for premium digital content, Airtel Xstream offers more than 10,000 shows and movies, and 350 live TV channels.
The International Union of Cinemas (UNIC), the body representing European cinema trade associations and operators, today issued a statement condemning Universal Studios' reported decision to stream movies the same day they are released to theatres. Here is the UNIC statement:
Steve Munga is a truly inspiring entrepreneur. Four years ago he realized his dream and opened his first movie theatre, CineKin, and his first movie distribution company, MSKD, in the Democratic Republic of Congo. That they were the first movie theatre and distribution company opened in the country is only part of the story. To full appreciate the importance of that, it helps to first have a better understanding of the continent of Africa and, in particular, the country that is the DRC.
The Movie Studio, a vertically integrated motion picture production company, has signed a licensing agreement with FilmHub, an online marketplace for film creators and streaming services. Per the agreement, The Movie Studio will license FilmHub’s catalog for viewing on The Movie Studio App, which is available on Google Play and the App Store. The Movie Studio will also license its catalog to FilmHub for distribution via its online film marketplace.