TIDMZOO
RNS Number : 3347Y
Zoo Digital Group PLC
04 May 2023
4 May 2023
ZOO DIGITAL GROUP PLC
("ZOO", the "Group" or the "Company")
ZOO Digital launches Iberian hub to expand operations in
EMEA
Strategic investment adds new facilities in Madrid and
Valencia
ZOO Digital Group plc (AIM: ZOO), a leading provider of
end-to-end cloud-based localisation and media services to the
global entertainment industry, today announces the launch of
facilities in Madrid and Valencia, following a strategic investment
in established dubbing and localisation company, AM Group.
ZOO has acquired a 30 per cent. stake in AM Group for total
consideration of EUR 825,000 to be payable in cash on completion.
The investment marks the continued expansion of ZOO's geographic
footprint in EMEA, with AM Group acting as a primary hub for ZOO's
operations in Spain and Portugal. It will deliver dubbing services
as part of ZOO's global end-to-end offering for major studios and
streaming services in Iberia, while also supporting local content
creators to expand their reach to global audiences.
Founded in 2004, AM Group has been a partner to ZOO since 2021
and is an approved service provider under the industry-wide Trusted
Partner Network. AM Group generated EUR 352,000 in profit before
tax for the year ended 31 December 2022. It boasts state-of-the-art
facilities in both Madrid and Valencia, complete with nine
recording studios, nine control rooms and two mixing rooms. The
facilities also incorporate an adjoining dubbing school that
actively provides practical training for voice talent, with courses
in dubbing, voiceover and vocal technique.
Iberia is an increasingly important market for global content
producers with Spain establishing itself as a European hub for
audiovisual production and distribution. Building on the success of
international hits such as Money Heist, Netflix launched its first
European hub in Madrid in 2019 and has since doubled the size of
its operations. As well as strengthening capacity for Castilian
Spanish and European Portuguese, ZOO's presence in Iberia will
facilitate localisation into the co-official Spanish languages,
bringing content from around the world to life in Valencian,
Catalan, Galician and Euskera.
Stuart Green, CEO of ZOO Digital, commented:
"This latest investment under our global growth initiative will
allow us to offer increased capacity and expertise in Spain and
Portugal, both of which are territories that hold high strategic
importance for our major studio clients. The launch of ZOO in
Madrid and Valencia strengthens our ability to deliver high-quality
services at a time of significant growth in the region while also
enabling us to cater for regional languages and cultures."
Teresa Alonso, Territory Advisor (Spain and Portugal) at ZOO
Digital, added:
"As international demand for Spanish- and Portuguese-language
content continues to grow, we are dedicated to sharing Iberian
stories with local authenticity on a global scale. AM Group shares
our commitment to delivering this cultural authenticity and
representing the linguistic diversity of the region. We look
forward to collaborating closely with their teams to develop and
refine our in-territory dubbing service capabilities."
Víctor Martínez, Managing Director of AM Group, also added:
"We are delighted to have joined the ZOO Digital family and
excited to build upon our existing partnership. This combination of
extensive local knowledge, global reach and innovative technology
opens up new possibilities for content owners in the region and for
the biggest players in global entertainment."
The launch of ZOO in Spain sees the Group continue its global
expansion. Further announcements are expected in 2023 as part of
ZOO's global growth initiative.
For further enquiries, please contact:
ZOO Digital Group plc +44 (0) 114 241 3700
Stuart Green - Chief Executive Officer
Phillip Blundell - Chief Finance Officer
Kam Bansil - Investor Relations
Stifel Nicolaus Europe Limited (Nominated
Adviser and Joint Broker) +44 (0) 20 7710 7600
Fred Walsh / Tom Marsh / Richard Short
Singer Capital Markets (Joint Broker) +44 (0) 20 7496 3000
Shaun Dobson / Asha Chotai
Instinctif Partners (Financial PR) +44 (0) 207 457 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 leading, technology-enabled localisation and media
services.
Founded in 2001, ZOO Digital operates from hubs in Los Angeles,
London, Dubai, Turkey, South Korea, India, Denmark and Spain with a
development and production centre in Sheffield, UK.
The Group provides media services through its platforms that
include: ZOOsubs, ZOOdubs and 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, mastering, 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 Paramount Global.
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 placed to
capitalise on new market opportunities in a fast-paced and
constantly evolving industry.
www.zoodigital.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
PRLAJMFTMTAMBFJ
(END) Dow Jones Newswires
May 04, 2023 02:00 ET (06:00 GMT)
Zoo Digital (LSE:ZOO)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Zoo Digital (LSE:ZOO)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024