SOURCE: RR Media

RR Media

October 30, 2014 07:00 ET

RR Media Triumph at TVB Europe Awards

Award Recognition After a Year of Successful Film Restoration Projects

LONDON, UNITED KINGDOM--(Marketwired - Oct 30, 2014) - RR Media (NASDAQ: RRST), a leading provider of global digital media services to the broadcast industry, has taken home the award for Achievement in Legacy Content at this year's TVB Europe awards in London, receiving the award for their work with British Pathe and the restoration for YouTube. An independent panel judged the awards, with expertise spanning the breadth of the industry's many sectors and disciplines.

The awards were held in October at the Hilton London Wembley, with RR Media beating strong competition to win in this prestigious award in the media industry.

RR Media's work in restoring British Pathe's historic archive took place earlier this year, with the project involving the reformatting and delivery of one of the largest archives of historic audiovisual content to YouTube. With over 85,000 pieces of video content, the archive contains footage of some of the most significant moment in 20th century history, including news reels from the First and Second World Wars.

This award recognizes the fact that audiences can now access 3,500 hours of high-resolution content on any device via YouTube. This has been achieved through RR Media's work not only reformatting historic achieved footage but also creating a complete metadata package for each clip, effectively simplifying the search process in order to provide an enhanced viewing experience of historic video footage.

Simon Kay, Managing Director Europe, RR Media, says: "This award reflects the hard work and tenacity of our team in bringing to life hours of archive content. For British Pathe it was important to maximise the value of this content, bringing it into the 21st century; content owners around the world should take note, and consider the revenue they may be missing out on with unused archive content."

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 maximise 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 & playout; sports, news & live events; and online video services. RR Media provides scalable digital media services to more than 650 channels, distributes over 100,000 hours of live events yearly and 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., which is scheduled to be completed in October 2014.

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.

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