“The media and entertainment industry has been growing rapidly in recent years with the rise of video streaming services and we have seen media companies merge to create and deliver more content to more diverse audiences around the world,” said David Lee, Executive Chairman, Iyuno Media Group. “Now, more than ever, viewers are watching internationally produced programs localized in their language. This creates an increased demand to produce the breadth of languages needed, delivered at the scale and speed that our customers require.”
Consumer spending on content is predicted to double from 2019 to 2024; this explosive growth brings with it a parallel increase in demand for high quality localized content.
“As two of the leading media and entertainment localization service providers in the world, together we will provide an unprecedented solution to the market,” continued Mr. Lee. “Both companies are perceived as leaders of quality services, global coverage and innovation. By combining the two, our goal is to effectively support the rapidly growing need from media businesses around the world – not only by offering scale, global coverage and end-to-end capabilities across our worldwide operations – but also by utilizing state-of-the-art technologies such as AI to bring true best-in-breed support for the industry.”
“We are excited to join Iyuno and become part of the industry’s leading localization services company,” said Mark Howorth, Chief Executive Officer, SDI Media. “We believe that the increasing global content distribution needs of the industry can only be served by a complementary service provider that can scale with them in support of their needs.”
Iyuno was supported in this transaction by Altor, Shamrock Capital and SoftBank Ventures Asia, its primary financial partners. The three investors are pleased to see this sustained momentum in the expansion and diversification of the Iyuno Media Group portfolio. The completion of this transaction remains subject to review and approval from relevant authorities.
ABOUT IYUNO MEDIA GROUP Iyuno Media Group (www.iyunomg.com) is a market leader in media localization with leading-edge technology providing dubbing, subtitling and media engineering services in over 80 languages. An innovative trailblazer with grounded core values in an ever-changing industry, Iyuno Media Group uses its sophisticated in-house technology for all of its product and service offerings. Today, the company operates 35 local facilities globally, spanning a network of fully owned sites across 30 countries in Europe, Asia and The Americas – offering end-to-end solutions for broadcasters, all major film studios, OTT and streaming platforms.
ABOUT SDI MEDIA SDI Media (www.sdimedia.com) is one of the world’s leading media localization providers offering dubbing, subtitling and media services to content owners, broadcasters and multi-platform distributors. SDI Media offers a complete end-to-end localization solution for theatrical releases and episodic series, using one of the most comprehensive suites of customizable localization software applications in the industry. Its network of 33 owned and operated dubbing facilities in Asia, EMEA and the Americas boast over 150 recording rooms and 85 mixing rooms globally.
FORWARD-LOOKING STATEMENTS This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding Iyuno’s strategy to provide enhanced localization and translation solutions utilizing SDI Media’s assets, the expected completion of the acquisition and the timeframe in which this will occur, and the expected benefits to Iyuno and its customers of completing the acquisition. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including, among other things, that conditions to the completion of the transaction may not be satisfied or such completion may be delayed, the potential impact on the business of SDI Media due to the uncertainty about the acquisition, the retention of employees of SDI Media and the ability of Iyuno to successfully integrate SDI Media and to achieve expected benefits, business and economic conditions and growth trends in relevant markets and various geographic regions, global economic conditions and uncertainties in the geopolitical environment, and other risk factors. Any forward-looking statements in this release are based on limited information currently available to Iyuno, which is subject to change, and Iyuno will not necessarily update the information.
SOURCE Iyuno Media Group
For further information: Chris Carey, +1 818.681.9224 or Brianna Appel, +1 818.823.3289, [email protected], http://www.iyunomg.com
Are you considering your social media plan of attack for the year ahead? Want to know the best social media platforms to help you grow your small business?
The team from Tech.co share the stats you need to know about each social network in this infographic.
Medicine Hat, Alta. – The Western Hockey League announced today the Bob Ridley Award for Media Excellence, a new WHL Award which will be presented annually to a distinguished member of the radio, television, and print journalism industry in recognition of their outstanding contributions to sports journalism and the WHL.
Bob Ridley, the longtime radio play-by-play voice of the Medicine Hat Tigers, is the first recipient and the namesake for this prestigious honour. Bob Ridley was recognized by WHL Commissioner Ron Robison and the Medicine Hat Tigers during a special ceremony at Co-op Place in Medicine Hat on Saturday, the day of Ridley’s 4,000th career WHL game.
“The WHL and our member Clubs are honoured to pay tribute to Bob’s remarkable career with the Medicine Hat Tigers by establishing the Bob Ridley Award for Media Excellence,” commented WHL Commissioner Ron Robison. “Bob has made an incredible contribution to the WHL and the Tigers over the past 50 years and as he gets ready to call his 4,000th WHL game it is only fitting we recognize his legacy with this new league-wide award named in his honour.”
Since the Tigers began play during the 1970-71 WHL Regular Season, Ridley has been the only play-by-play voice in team history, calling every single game the Tigers have ever played, with the exception of one. In 1972, Ridley missed one Tigers game after he was sent out on assignment to attend the Women’s National Curling Championship in Saskatoon, Sask.
Ridley has been synonymous with Medicine Hat Tigers hockey for 50 seasons, with the 2020-21 WHL Regular Season representing his 51st campaign at the mic. Ridley called the Tigers WHL Championship victories in 1973, 1987, 1988, 2004, and 2007, and was there to tell the story of the Club’s two national titles at the Memorial Cup in 1987 and 1988.
In addition to his work as the Tigers play-by-play voice, Ridley also served as the Club’s bus driver for 45 seasons. His unique role helped forge everlasting bonds with players across more than five decades.
Ridley’s contributions to Major Junior hockey in Western Canada have been recognized on a number of previous occasions:
1995 – Medicine Hat Civic Recognition Sports Award
2005 – Alberta Sports Hall of Fame Bell Memorial Award
2005 – Alberta Centennial Award
2006 – WHL Distinguished Service Award
2007 – Lifetime Achievement Award, Radio Television Directors News Awards
2011 – Inducted into the Alberta Hockey Hall of Fame
2019 – Inducted into the Western Association of Broadcasters Hall of Fame
In 1995, he was the recipient of the Medicine Hat Civic Recognition Sports Award. In 2005, Ridley was named the recipient of the Alberta Sports Hall of Fame Bell Memorial Award, and he was also presented with the Alberta Centennial Award by the Government of Alberta. In 2006, Ridley was recognized with the WHL Distinguished Service Award.
A 76-year-old native of Vulcan, Alta., Ridley began his pursuit of broadcasting working weekends at CJDV Drumheller while attending Mount Royal College in Calgary. From there, he moved on to CKSW Swift Current, working as a rock disc jockey and calling play-by-play for an intermediate baseball team in Swift Current, Sask. Ridley then spent two years at CKKR Rosetown before joining CHAT Radio and settling in Medicine Hat.
About the Western Hockey League Regarded as the world’s finest development league for junior hockey players, the Western Hockey League (WHL) head office is based in Calgary, Alberta. The WHL consists of 22 member Clubs with 17 located in Western Canada and five in the U.S. Pacific Northwest. A member of the Canadian Hockey League, the WHL has been a leading supplier of talent for the National Hockey League for over 50 years. The WHL is also the leading provider of hockey scholarships with over 375 graduates each year receiving WHL Scholarships to pursue a post-secondary education of their choice. Each season, WHL players also form the nucleus of Canada’s National Junior Hockey Team.
Several people were hurt in Myanmar on Sunday as police cracked down on protests against military rule by firing stun grenades, tear gas and by firing into the air, witnesses and media said.
Several bloodied people were seen being helped away from protests in the main city of Yangon in images posted by media outlets, but it was not clear if they were hurt by rubber bullets or live fire.
The Myanmar Now media group said people had been “gunned down” but it did not elaborate. (Writing by Robert Birsel; Editing by Christopher Cushing)
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