Vizrt has signed a deal with Australia’s Network TEN to provide a comprehensive Media Asset Management (MAM) system from Vizrt’s recently-acquired subsidiary, Ardendo, for a total contract value of US$5m, to be delivered during 2007 and 2008. This deal follows hard on the heels of a previous contract with Network TEN for a large Vizrt graphic system signed during Q4 2006, for a total value of US$1.7m, which is due to be fulfilled during this year. Vizrt holds the lead position in the Australian broadcast graphics and MAM market sectors and now has the following major customers in Australia:
Network TEN: graphics & MAM
ABC – Australia’s national broadcaster: video archive
Channel 7: graphics
Channel 9: graphics
Sky Channel: MAM
Premier Media Group: MAM
The strategic acquisition of the leading MAM (video storage) and electronic map software providers by Vizrt over recent years is now starting to pay dividends as broadcasters like TEN realise the benefits of investing in a fully-integrated system from a single supplier.