Deluxe has acquired Sony New Media Solutions, a subsidiary of Sony Electronics. Sony NMS provides a wide array of media platform services to many leading global media companies including Sony Pictures Entertainment. Terms of the deal will not be disclosed.
Netflix and Disney+ Hotstar accounted for 50 percent of all streaming video-on-demand subscribers in India in 2020, according to Omdia’s latest 2021 Online Video Market and Consumer Trends Report. Omidia’s principal analyst, TV and online video, consumer Constantinos Papavassilopoulos said, “The online video market of India is steadily growing its foothold in every direction. The COVID-19 pandemic accelerated the growth rate of an already dynamic and robust OTT market.”
The European Audiovisual Observatory, part of the Council of Europe in Strasbourg, has just released an updated edition of the report: The Circulation of European Films in non-national markets – Key figures 2019. The study, authored by Patrizia Simone, film analyst in the Observatory’s department for market information, looks at the volume and theatrical performance of European films in non-national markets, that is, theatrical film exports.
Specialist audiovisual translation firm IT Pros Subtitles has invested in the Next-TT localization platform to manage and organize its expanding remote workflow infrastructure. Next-TT enables IT Pros to manage teams of freelance translators, and offers remote access to SubtitleNext’s proprietary tools, technologies, and delivery capabilities.
Cinenso has launched the Cinenso Channel, a secure platform, with multi-digital rights management, and payment infrastructure and storage at a nominal cost for global programmers of independent film content, from short films to niche genre films. It will enable curators – including scholars, rights holders and programmers – to create channels for film screenings, discussions, and archival content.
Nagra has been selected by U.S.-based Eventive, a leading platform in virtual cinema, to use Nagra’s forensic watermarking and multi-digital rights management tools to protect every film on its virtual screening platform.
Alamo Drafthouse Cinema has begun a long-term partnership with the Harlem Film House’s Hip Hop Film Festival by introducing The Vanguard Collection. Now available on Alamo on Demand, the series includes important and influential films about the Black experience and will also feature exclusive content and perspectives from voices of the Hip Hop culture.
MovieLabs has appointed Spencer Stephens senior vice president, production technology and security.
The British mid-market private equity firm LDC has invested in Sohonet, an international provider of connectivity, collaboration software, media services and network security for the media and entertainment industry. LDC’s investment will support the existing management team, led by CEO Chuck Parker, to further build on its international growth strategy and explore complementary acquisitions.
MetaMedia today announced the promotion of Frank Bryant to chief operating officer. Reporting directly to MetaMedia CE Jason Brenek, Bryant will help focus the organization on the execution of operational and strategic plans and oversee functions related to the acquisition and delivery of content from studios and other suppliers, deployment and logistics, project management, marketing, legal and corporate strategy.