SOURCE: RR Media

RR Media

September 02, 2015 07:00 ET

RR Media Partners With WSC Sports to Introduce Automated Sports Highlights Solution for the Broadcast and Media Industries

Unique Solution Generates Automated Video Clips and Highlights From Live Sports Events in Real-Time, Further Monetizes Content Rights and Offers Enhanced User Experiences Across Broadcast and Online Video

AIRPORT CITY BUSINESS PARK, ISRAEL--(Marketwired - Sep 2, 2015) - RR Media (NASDAQ: RRM), a leading provider of digital media services to the broadcast and media industries, has announced a strategic partnership with WSC Sports Technologies that combines RR Media's global digital media services and reach with WSC's cutting-edge automatic clipping and video highlights generation platform.

Through the partnership, RR Media will offer its worldwide customer base WSC's technology which automatically detects every event in a sports competition as it happens and creates customized highlights based on these events. These highlights can be used for broadcast purposes in news highlights and post-game programming as well as for online video and social media platforms.

The joint solution enables broadcasters and sports rights holders efficiently and seamlessly to produce automated short form content which is customized to their needs and brand, converging delivery across traditional broadcast and new media platforms from a single source and saving valuable resources.

A wide variety of customers, including sports rights holders, sports channels and broadcasters, can expand their reach through gaining greater exposure from broadcast, mobile, online, VOD and social media platforms. At the same time, sports fans can interact with this newly created highlights content in timeframes that were previously unattainable.
RR Media oversees all aspects of this service, from managing content, WSC's highlights creation solution and distribution of content to a wide variety of digital and broadcast platforms, to further engaging audiences and creating untapped sources of revenue.

Elad Manishviz, CMO of RR Media, said, "The partnership with WSC demonstrates RR Media's ability to open up new revenue opportunities for our customers. We have understood their needs and are seeking to provide new value-added services which take short form content to expanded audiences at an unparalleled speed, engage with fans and create greater reach by driving their content through broadcast and new media platforms."

Daniel Shichman, CEO of WSC, commented, "We are excited to partner with a market leader like RR Media. This cooperation puts us in a position to serve the sports media market around the globe with our unique technology, enabling rights-holders the capability to create real-time clips and highlights, personalize them for fans and deliver them across all broadcast and digital channels to enhance the experience".

This joint-solution is currently only available from RR Media and will be on display at IBC in the Amsterdam RAI from September 11-15, 2015, Stand number 1.B24.

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.

About WSC Sports Technologies

WSC provides an end-to-end workflow automation solution for sports media-right owners from ingestion of live content to distribution of automatically created short-form videos. The Company's unique sports video technology automatically analyzes sports broadcast, identifies every moment in a game, generates highlights on every player, team and game and distributes the content to various digital platforms and is currently being used by global sports media brands to better leverage sports content for increased fan engagement, marketing and promotional opportunities. WSC's products are built upon a unique set of technologies based on cloud-computing, sports data integration, image processing and automatic editing algorithms.

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