ST. LOUIS, April 04, 2018 (GLOBE NEWSWIRE) -- VUBIQUITY, now part of Amdocs (NASDAQ:DOX) and the leading provider of premium content services and media technology solutions, has extended its long-standing relationship with Turner as the primary distributor of its On Demand content. Vubiquity distributes TBS, TNT, Cartoon Network, CNN and other Turner networks to 60M+ households across North America and Canada.
As part of this new deal, Vubiquity will be the premium content digital distributor for OTT platforms as well as Vubiquity’s LIVE-TO-VOD (L2V) Solution for Turner’s portfolio of networks, providing fast-turn, high-quality broadcast capture from live mezzanine-level feeds to generate VOD assets. The L2V solution will be used for Turner’s C3 assets1 to maximize advertising revenue in the window following broadcast.
“We are proud to have Turner as a key customer and look forward to continuing our relationship with them to build more dynamic solutions, as the industry continues to evolve,” said John Smith, Senior Vice President of Sales for Vubiquity, Amdocs.
Vubiquity was recently acquired by Amdocs.
1 C3 refers to assets that carry the ‘three days’ worth of advertisements for shows included in Nielsen's standard viewing measurement, C3.
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VUBIQUITY, part of Amdocs (NASDAQ:DOX), connects content owners and video providers to deliver entertainment to viewers on any screen. Working with 600+ leading film studios, television networks, independent producers and MCNs, VUBIQUITY brings premium content to over 1,000 global video distributors. VUBIQUITY has offices in Los Angeles, Toronto and London. For the latest company news, follow us on Twitter @VUBIQUITY or visit www.vubiquity.com.
Amdocs is a leading software and services provider to the world’s most successful communications and media companies. As our customers reinvent themselves, we enable their digital and network transformation through innovative solutions, delivery expertise and intelligent operations. Amdocs and its 25,000 employees serve customers in over 85 countries. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $3.9 billion in fiscal 2017. For more information, visit Amdocs at www.amdocs.com.
Amdocs’ Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs’ growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs’ ability to grow in the business markets that it serves, Amdocs’ ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2017 filed on December 11, 2017 and our quarterly 6-K form furnished on February 12, 2018.
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Source:Amdocs Management LTD