SOURCE: RR Media

RR Media

April 12, 2016 07:00 ET

RR Media Opens New Media Hub to LATAM

Large Miami-Based Media Center Will Serve the Growing Latin American Market as Well as RR Media's Customers Across North America

AIRPORT CITY, ISRAEL--(Marketwired - Apr 12, 2016) - RR Media (NASDAQ: RRM), a leading provider of global digital media services to the broadcast and media industries, announces the opening of its new regional LATAM Media Center based in Miami, serving content to millions of Hispanic and Portuguese viewers across Latin America as well as audiences in the USA and Canada. The center includes one of South Florida's largest and most prominent production facilities with over 95,000 sq ft, a playout center and Master Control Suites (MCRs) for channel origination, complementing RR Media's existing US East Coast facility.

The LATAM Media Center gives regional broadcasters, TV channels and sports organizations access to the full-range of RR Media's content preparation, management, playout and delivery services, with diverse, localized content. Services include local ads insertion, multi-format playout and remote uplink to RR Media's smart global network, from Miami, FL. Already, there are over a dozen channels that are being played out of the Miami Center.

Dante R. Neyra, RR Media's Head of Latin America & Hispanic Markets, said, "LATAM presents a key growth market for our company and we're very excited about extending our footprint in the region. We've equipped the LATAM Media Center with the latest digital media technologies and are complemented with a superb production studio, encompassing six sound stages and a post-production space. This new facility enables RR Media to connect both LATAM to the world, and the globe world to LATAM, enabling our customers to extend their global reach and generate new monetization opportunities. Miami is a perfect gateway for LATAM, providing a talented team with Spanish and Portuguese language capability for creating localized content."

RR Media's Americas facilities and infrastructure as well as its virtualized digital media services including solaRR will be on presented at the Renaissance Hotel, next to Las Vegas Convention Center, throughout the NAB Show (April 18th - 21st, 2016).

About RR Media

RR Media (NASDAQ: RRM) works in partnership with the world's leading media players to transform content into valuable media assets. RR Media's complete ecosystem of digital media services maximize the potential of media and entertainment content, covering four main areas: smart global content distribution network with an optimized combination of satellite, fiber and the Internet; content management and channel origination; sports, news & live events; and online video services. RR Media provides scalable, converged digital media services to more than 1,000 broadcasters, content owners, sports leagues and right holders. Every day, the company manages and delivers over 24,000 hours of broadcast content, over 4,000 hours of online video and VOD content and over 350 hours of premium sports and live events. The company delivers content to 95% of the world's population reaching viewers of multiplatform operators, VOD platforms, online video and direct-to-home services. Visit the company's website www.rrmedia.com.

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, 2014 and our Current Reports on Form 6-K.

Contact Information

  • Corporate Contact:
    Elad Manishviz, CMO
    Tel: +1 201 655 7245
    Email Contact

    Media Contact:
    Marilyn Gerber
    Cutler PR
    Tel: +1 917 225 2977
    Email Contact