RRsat Wins a Tender to Broadcast Duna TV, Hungarian Public TV Channel and Radio, to Americas and Australia
13 Enero 2014 - 6:00AM
Marketwired
RRsat Wins a Tender to Broadcast Duna TV, Hungarian Public TV
Channel and Radio, to Americas and Australia
Contract Is for $1.2 Million With Potential Expansion to $2.5
Million
AIRPORT CITY BUSINESS PARK, ISRAEL--(Marketwired - Jan 13, 2014)
- RRsat Global Communications Network Ltd. (NASDAQ: RRST), a
leading provider of comprehensive digital content management and
global content distribution services to the broadcasting industry,
announced today that it has been awarded a tender by Media Service
Support and Asset Management Fund (MTVA), Hungary's public
service media organization, to expand broadcast of Duna World TV
channel and Duna World Radio worldwide. The tender will generate
$1.2 million USD in revenues for RRsat with potential for expansion
for an additional period and to $2.5 million overall.
RRsat will provide an end-to-end integrated broadcast solution
for MTVA including media processing and preparation services such
as content acquisition, closed caption service, EPG service and
frame rate conversion, as well as distribution solutions to
Australia and the Americas via RRsat's platforms on Optus D2,
Galaxy 19 and Intelsat 21 respectively.
Duna World programming aims to strengthen the national identity
of Hungarian people worldwide and to educate them regarding their
cultural heritage and language. To effectively reach the emigrant
populations in North America and Australia with content that is
appropriate to the various demographics, the channel broadcasts in
line with local time zones.
"RRsat is pleased to enable MTVA to reach Hungarian communities
around the world with high quality television and radio
programming," said Lior Rival, Chief Commercial Officer of RRsat.
"The RRsat integrated broadcasting solution was built to allow
broadcasters worldwide to expand their reach to new potential
audiences, wherever they are, using our advanced technology
platform for content management and content distribution that
upholds the strictest standards of performance. We are delighted to
help bring a slice of home to Duna fans worldwide."
"MTVA is excited to work with RRsat to broadcast Duna World and
Duna World Radio to viewers and listeners in North America, South
America and Australia in our initiative to expand our content
globally," said Rita Lencsó, Chief Communication Officer of MTVA.
"MTVA sought a highly professional and reliable broadcasting
partner that would be able to provide all the media processing
services we need, today and going forward. RRsat's comprehensive
service offerings and global reach provide exactly what we need. We
are impressed by their state-of-the-art facilities, outstanding
track record and high quality customer list. We look forward to a
long and successful partnership with RRsat."
About MTVA Media Service Support and Asset Management Fund
(MTVA) is an independent asset management fund established in 2011
that combines the assets of Hungary's public service media. MTVA
supports the three public service media organizations: MTV, Duna TV
and MR, and the National News Agency (MTI) by producing,
commissioning and purchasing programs. With 2200 employees, MTVA is
the largest media enterprise in Hungary. It leverages five
television channels (M1, M2, M3, Duna and Duna World), eight radio
channels, a complete national news agency and all their online
sites to achieve its public service mission of providing globally
relevant information, quality entertainment and cultural values to
the public in Hungary and beyond.
About RRsat RRsat Global Communications Network Ltd. (NASDAQ:
RRST) provides global, end-to-end, digital content preparation and
management, as well as content distribution services to the rapidly
expanding broadcasting industry, covering more than 150 countries.
Through its Global Network, composed of satellite, terrestrial
fiber optic capacity and the public Internet, RRsat provides
high-quality and flexible global content distribution 24 by 7
services to more than 630 channels reaching multiplatform
operators, Internet TV and direct-to-home viewers worldwide. In
addition, the company offers worldwide content management and
distribution services for sports, news and other live events. More
than 130 channels use RRsat's advanced production and playout
centers, comprising of comprehensive media asset management
services. Visit the company's website www.rrsat.com .
Information in this press release concerning MTVA is based
on information provided by MTVA and has not been independently
verified by RRsat.
Safe Harbor Statement This press release contains forward
looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on current expectations, assumptions, estimates and
projections about the companies and the industry as of the date of
this press release. We undertake no obligation to update
forward-looking statements to reflect subsequent occurring events
or circumstances, or to changes in our expectations, except as may
be required by law. Forward-looking statements are subject to risks
and uncertainties that may cause actual results to differ
materially from those contemplated by the forward-looking
statements, including the risks indicated in our filings with the
Securities and Exchange Commission (SEC). For more details, please
refer to our SEC filings and the amendments thereto, including our
Annual Report on Form 20-F for the year ended December 31, 2012 and
our Current Reports on Form 6-K.
Company Contact Information: Miki Hakak Head of Marketing Tel:
+972 3 9280808 Email
Contact
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