SOURCE: RR Media

RR Media

January 13, 2015 07:00 ET

RR Media Renews Partnership With Solar Entertainment

Digital Media Services Company to Provide NBA Premium TV Channel to Basketball Fans in the Philippines Via the Largest Content Provider in Southeast Asia

ENGLEWOOD CLIFFS, NJ and AIRPORT CITY BUSINESS PARK, ISRAEL--(Marketwired - Jan 13, 2015) - RR Media (NASDAQ: RRST), a leading provider of global digital media services to the broadcast industry, has announced that it renewed its partnership with Solar Entertainment, the largest content provider and channel operator in Southeast Asia, to provide media services for the NBA Premium TV channel to the Philippines.

This agreement with Solar Entertainment continues a longstanding mutual partnership, which has now expanded to include a wide range of RR Media's digital media services including content preparation and management, playout and global distribution via RR Media's smart global network with optimized content delivery over satellite and fiber. The 24/7 Channel programming is composed dynamic live NBA HD content as well as incorporating compelling basketball content into the channel lineup.

Elad Manishviz, CMO of RR Media commented, "We're very excited to be renewing -- and extending -- our partnership with Solar Entertainment. Through NBA Premium TV, millions of NBA fans throughout the Philippines can enjoy real-time basketball in stunning High Definition."

"We are pleased to extend our close and successful working relationship with RR Media by utilizing its industry-leading solutions to ensure high-quality, live HD broadcasts of NBA games," said Wilson Tieng, CEO and President of Solar Entertainment. "RR Media complements Solar's extensive offerings by providing a one-stop shop of content distribution, content management and playout services."

About RR Media

RR Media* (NASDAQ: RRST) works in partnership with the world's leading media players to create the richest possible media and entertainment experiences for the world's consumers. 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 650 channels and to leagues and right holders of over 100,000 hours of sports and live events yearly. 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

* RR Media currently operates under the corporate name of RRsat Global Communications Network Ltd. The company is in the process of changing its corporate name to RR Media Ltd.

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, 2013 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