Press release
TVT launches Access Services arm and reveals plan for a new LA office amid surging revenue growth
TVT leverages international experience while bringing in leading expert to build out services addressing hearing- and sight-impaired audiencesPlan to open new office in Los Angeles reflects growing demand for TVT services from US-based global players looking to move into overseas markets
50% annual revenue growth feeds TVT expansion into new areas and markets
TVT, the managed media services provider, has today announced a major expansion that includes the launch of a full Access Services business unit, along with a plan to open a new Los Angeles office during 2017. The moves come as TVT is enjoying strong financial growth, with revenues for the quarter ending March 31 double those for the same period in 2016.
The new TVT Access Services business launch will be bolstered by the appointment of a leading global expert in the area, David Padmore, as International Advisor. He previously held senior management positions at Ericsson, RedBee Media and the BBC, overseeing delivery of Access Services, which include subtitling for deaf and hard-of-hearing people and audio description for those with sight impairments.
“We are definitely in growth mode at the moment,” says Ian Brotherston, TVT’s Chief Executive. “This expansion fits perfectly with the growing demand for international services we are seeing around the world. Broadcasters and content owners are looking to new markets and require a whole range of services to address cultural sensibilities and comply with regulations – including access.”
While the plan to open a Los Angeles office is still in the early stages, it will enable TVT to work more easily with its US clients, which include A+E Networks, Discovery and Hulu – as well as offer a local point of contact for new business opportunities with other key players based in the American market. TVT enables broadcasters and content owners to overcome the complexities of creative content versioning and compliance for programmes being viewed in international markets.
The announcements cap a strong period overall for TVT: Full-year results for the financial year ending on March 31 saw revenue growth of 50% over 2015/2016, while revenues for January to March alone were double the same quarter the previous year. This strong performance has been fed largely by business growth in Southeast Asia and Japan, Brotherston notes.
In launching Access Services, TVT is building on the access and localisation services it already provides to the BBC, Netflix and others.
“We are now formalising Access Services as a core business by adding additional features to ContentSelect, our workflow and media management platform, to make the process easier to manage and more cost-effective,” notes Brotherston. “And David Padmore adds a whole new level of expertise and experience in this area that will be of huge benefit to our clients.”
Padmore adds: “There is a growing requirement for content access in different markets – driven by consumer demand, regulatory pressures and increased awareness of corporate responsibility. As more content moves onto over-the-top and on-demand platforms around the globe, managing this process in an effective fashion and ensuring that accessibility is maintained across platforms will become crucial for international operators. The fact that TVT is already a global player is a huge advantage. ”
Padmore explains the initial focus for TVT Access Services will be on the UK, but he expects the company to swiftly build the business from its other major locations in Singapore, Australia and Japan. He expects integration with the ContentSelect platform to help in quickly building out TVT’s offering.
“Building accessibility directly into the content processing workflow is still a rarity in the industry and the TVT approach allows operators to add subtitles and audio description in line with the wider compliance and metadata-gathering processes without incurring huge additional cost or delay,” says Padmore. “There is some real innovation here for broadcasters in terms of efficiency and the value for money they derive from their access services spend.”
TVT, the managed media services provider, has today announced a major expansion that includes the launch of a full Access Services business unit, along with a plan to open a new Los Angeles office during 2017. The moves come as TVT is enjoying strong financial growth, with revenues for the quarter ending March 31 double those for the same period in 2016.
83 Marylebone High Street
London
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release TVT launches Access Services arm and reveals plan for a new LA office amid surging revenue growth here
News-ID: 570619 • Views: …
More Releases from TVT
ITV selects TVT for unified global media services
TVT, the global content services provider, has announced that it has been selected by ITV, the UK’s leading commercial broadcaster, to provide a comprehensive content management platform for the UK and international markets. TVT will manage media logistics, content preparation and access services across all ITV’s platforms, linking closely with the ITV team and its partners to process more than 35,000 hours of content per year – including volumes being…

TVT Media research shows huge diversity of European broadcast languages, with 61 …
Pan-European research shows a rich mosaic of language and culture on television
France offers greatest level of diversity with 18 languages broadcast through its channels – followed by the UK with 15 languages
English is the most broadcast language with 792 channels, and Arabic the biggest non-European language with 64 channels
London, 01 November 2017 – Research from TVT Media, the new global content services powerhouse, shows that 61 languages are broadcast across…

New TVT report identifies key challenges TV operators face when expanding into i …
Whitepaper tackles the demanding ‘art’ of localising video content for broadcast and streaming in new territories
Report highlights opportunities being driven by massive global growth in over-the-top (OTT) TV and video on demand (VOD)
Paper offers examples of cultural hurdles and compliance issues that can impact operators
London, Tuesday 20 June – TVT, the managed media services provider, has today announced the release of a new report outlining the key video content localisation…
More Releases for Access
Fingerprint Vehicle Access Market Report 2024 - Fingerprint Access Market Demand …
"The Business Research Company recently released a comprehensive report on the Global Finger Print Vehicle Access Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free…
Canadian Land Access Systems (CLAS) Revolutionizes Land Access
Canadian Land Access Systems' (CLAS) innovative platform is transforming the way landowners and guests interact and collaborate. With a commitment to empowering landowners through customizable rules, approval settings, and advanced geofence technology that can track when guests enter and exit, CLAS is revolutionizing how private, public, and First Nation lands are accessed across Canada.
Users can access a comprehensive suite of features. Landowners can manage who accesses their land, when, and…
Unlocking Access: Trends in the Access Control Market (2024-2030)
Access Control Market Overview:
Maximize Market Research, a Access Control business research firm has published a report on the "Access Control Market". The report covers Industry Analysis, Market Performance, Segments, Price Analysis and Economic Outlook of the market. It includes qualitative and quantitative analysis to take strategic market decisions.
Access Control Market Report Scope and Research Methodology:
The Market Research Report (MMR) researches deep into crucial factors shaping future growth, including motivators and…
Access Control Market
The global Access Control Market size is projected to grow from USD 9.9 billion in 2023 to USD 14.9 billion by 2028; it is expected to grow at a CAGR of 8.4% from 2023 to 2028.Offices and other business units are the key end-users of access control systems. Security smart cards and biometric access systems play an important role in preventing minor security risks in offices. These systems…
Conditional Access System Market: Demand For Next-Generation Conditional Access …
According to a new market report published by Transparency Market Research, the global conditional access system market was valued at US$ 2,694.9 Mn in 2016 and is expected to expand at a CAGR of 6.9% from 2018 to 2026 to reach US$ 5,381.2 Mn by the end of the forecast period. According to the report, North America was a significant contributor, in terms of revenue, to the conditional access systems…
Ultrafast Access Technologies
FTTH - G.fast - DOCSIS 3.1: what trade-offs between cost, performance and sustainability
This report provides a state of the art of the different ultrafast Internet access networks available today:
FTTH optical fibre networks;
Upgraded cable networks with coax in the last mile,
Copper twisted pair networks (phone lines).
This state of the art allows for a comparison of the different technologies' technical performance, and to measure the pros and cons of…