Zoo Digital Group PLC Launch of ZOO Turkey
02 Noviembre 2021 - 01:00AM
RNS Non-Regulatory
TIDMZOO
Zoo Digital Group PLC
02 November 2021
REACH
2 November 2021
ZOO DIGITAL GROUP PLC
("ZOO", the "Group" or the "Company")
ZOO Digital expands its MENA operations with the launch of ZOO
Turkey
ZOO Digital Group plc (AIM: ZOO), the leading provider of
end-to-end cloud-based localisation and media services to the
global entertainment industry, today announces the first phase in
its global growth strategy with the launch of ZOO Turkey. The
Company has completed a strategic investment in Istanbul-based
media localisation company ARES Media to grow ZOO's services for
Turkish content. ZOO Turkey will provide major content creators and
global streaming services with an enhanced offering in the MENA
region and enable ZOO to secure new talent across its key
markets.
Founded in 2000, ARES Media provides services to support the
distribution of international TV shows and award-winning feature
films, offering dubbing, subtitling, foley, access, and
post-production services. ARES Media is now one of Turkey's leading
media localisation companies and has been an operational partner to
ZOO since 2017, delivering high-quality services to ZOO clients
using the Company's cloud-based technology ecosystem.
The investment fits into ZOO's stated strategy to expand its
in-territory expertise across Europe, the Middle East and Southeast
Asia in order to meet growing demand from leading global content
providers. The trend of acquiring local Turkish content for
distribution on global streaming services is not slowing down and
ZOO Turkey will enable the business to access local talent and
facilities in the region, as well as provide greater capacity to
handle higher volumes of work at a faster rate, and access
competitive pricing in all key languages.
Stuart Green, CEO of ZOO Digital, said:
"The launch of ZOO Turkey marks the first of several strategic
investments to grow our global footprint in key territories. We
have worked with ARES for some time to deliver high-quality Turkish
language services to our clients and the launch of ZOO Turkey
cements our ability to do this at a time of significant growth in
the region. By acting as a regional hub for our MENA operations,
ZOO Turkey will provide access to in-territory expertise and open
doors to new opportunities in the region.
"We are excited to officially welcome ARES Media to the ZOO
Digital Group and look forward to continuing to deliver quality
services to our clients in this key market."
Ender Albayrak, President, ZOO Turkey, ARES Media, added:
"We are proud to officially become part of the global ZOO
family. Our two companies have worked successfully together for a
number of years and now ZOO Turkey can bring even more
technology-backed services to clients, both in MENA and
globally."
ZOO Digital Group plc +44 (0)114 241 3700
Stuart Green
Phillip Blundell
Stifel +44 (0)20 7710 7600
Fred Walsh / Tom Marsh
Instinctif Partners +44 (0)20 7457 2020
Matthew Smallwood / Joe Quinlan zoo@instinctif.com
About ZOO Digital Group plc:
ZOO Digital supports major Hollywood studios and streaming
services to globalise their content and reach audiences everywhere,
by providing world-leading, technology-enabled localisation and
media services.
Founded in 2001, ZOO Digital operates from hubs in Los Angeles,
London and Dubai, with a development and production centre in
Sheffield, UK. The company is targeting $100m sales in the medium
term.
The Group provides media services through its platforms that
include: ZOOsubs, ZOOdubs, ZOOstudio. Its full-service proposition
delivers the end-to-end services required to prepare both original
and catalogue content for digital distribution; these services
include dubbing, subtitling & captioning, metadata creation
& localisation, artwork localisation and media processing.
Alongside this offering, ZOO also provides its customers with
management platforms and strategic solutions to support their own
internal globalisation operations.
ZOO is a go-to service partner for media businesses looking to
globalise their content across different territories, languages and
distribution platforms. Using its innovative technology-enabled
approach, ZOO helps its customers to reduce time to market, lower
costs and deliver high quality products to their global audiences.
The business has frameworks in place with all major Hollywood
studios and streaming services. Its customers include Disney,
NBCUniversal, HBO and ViacomCBS.
ZOO's competitive advantage arises from three interlinking
factors - the leading role it has played in the digital
transformation of its sector; the world class proprietary platforms
that it develops to enable this transformation; and the global
supply chain of thousands of freelancers, working collaboratively
in ZOO's platforms, which delivers services that scale easily to
meet demand. These factors combine to make ZOO uniquely geared to
capitalise on new market opportunities in a fast-paced and
constantly evolving industry.
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