Deluxe Acquires MediaRecall
Deal Brings 2,000 Person Digital Video Workforce and Technologies
BURBANK, Calif., Feb. 23 /PRNewswire/ -- Deluxe Entertainment Services Group, Inc. announced today it has acquired the assets of metro-Chicago based MediaRecall Holdings, LLC, a fast growing player in the digital video services space, founded in 2007.
MediaRecall offers a cost-effective, high-speed digital video workflow process and related technologies around digitizing, clip selecting, meta-logging, and transcribing enterprise-scale video archives, enabling them to be more easily searchable and monetizable online. The company's core expertise revolves around a highly trained 2,000 person distributed media workforce and its proprietary technologies (e.g., web-enabled digital services tools, digital video search platform, and workforce management system).
The MediaRecall business is now a part of Deluxe Digital Media and reports to Gray Ainsworth, Sr. Vice President Operations.
"Deluxe continues to look for ways to add value for content owners and provide unique services that create true partnership opportunities. MediaRecall entered the booming online video space at the right time as large content owners are trying to find more efficient ways to get their content digitized and searchable online." Ainsworth said, "MediaRecall did a terrific job on the client projects we have done together, and this transaction was a logical next step for us."
George Deeb, current CEO of MediaRecall, said, "Our team is very excited about deepening the relationship we have with Deluxe. We look forward to bringing our technologies into the Deluxe pipeline for film studios and television networks in addition to the non-Hollywood market."
The business will operate under the name "MediaRecall by Deluxe" and will remain in its current metro-Chicago offices.
About Deluxe
Deluxe Entertainment Services Group Inc., a wholly-owned subsidiary of MacAndrews & Forbes Holdings Inc., is the leading provider of a broad range of entertainment industry services and technologies to major Hollywood Studios and an international client base. Services include motion picture film processing, printing and distribution; EFILM® digital intermediates; post production and subtitling services; titles design and digital VFX; DVD compression, encoding and authoring; digital cinema services, digital asset management, digital distribution; and marketing fulfillment services. Deluxe laboratory and post production facilities are located in North America, Europe, and Australia/New Zealand. Deluxe Digital Studios offer home entertainment services in North America, Europe and India. For more information, please visit www.bydeluxe.com
About MediaRecall
MediaRecall (www.MediaRecall.com) is a digital video services and technology business, anchored by a 2,000 person distributed workforce and proprietary media workflow, digital video search and white-label website platform technologies. Core services revolve around video ingestion, clip selection, metadata writing, transcriptions, transcoding, storage and related web development. The company helps enterprise-scale owners of video archives to digitize and organize their content at 10%-20% of traditional costs and up to 50x faster. The company also assists archive owners in securing distribution and revenues for their content via the stock footage and consumer markets.
SOURCE Deluxe Entertainment Services Group Inc.
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