SES, RR Media Merge To Become MX1
Following leading satellite operator SES’s successful completion of the acquisition of RR Media and the latter’s merger with SES Platform Services, MX1 is the name of the new merged global media-services company. According to the new company, MX1 leverages the capabilities and infrastructure of both companies to offer a full suite of innovative digital video and media services.
Avi Cohen, former CEO of RR Media and newly named CEO of MX1, says it is an exciting day for the two companies as they introduce a new company to the industry and a new brand name and logo.
“MX1 enables new, richer viewers’ experiences, the widest audience reach, and new business models for broadcasters, rightsholders, sports organizations, and distributors,” he explains. “We deliver these experiences like no one else, with unrivaled expertise, an unmatched range of capabilities, proven flexibility, and an enhanced global presence. This merger allows us to scale up on a global basis and become the world’s leading media-services provider, delivering next-generation digital video and media solutions to our worldwide customers. Closer to them, wherever they are, we enable them to optimize their media and deliver it to global audiences like never before.”
The company says it will provide highly optimized content-management and -distribution services for premium content, using the combined global networks of the merged companies as well as their cloud technologies to maximize audience reach over multiple screens and increase monetization opportunities for customers. These services include a comprehensive range of high-quality video and media solutions delivered over satellite, fiber, and the internet.
MX1 offers full continuity and enhanced services to all of SES PS’s and RR Media’s existing customers and partners. Together, MX1 distributes more than 1,000 TV channels, manages playout of 440 channels and delivers syndicated content to more than 120 leading subscription VOD platforms. The new company has 16 offices worldwide and operates six global state-of-the-art media centers, enabling customers to reach billions of people around the world.
“MX1 brings a new kind of business to the market, serving global customers as a complete end-to-end media-experience provider,” says Cohen. “We look forward to presenting our new complete global offering and the management team at IBC Amsterdam in September.”