—All Mobile Video announced
that it has entered into an agreement with AEG to purchase AEG Digital
Media, a digital broadcast service
business based in Los Angeles. All Mobile Video will become AMV Digital Media. Terms of the transaction were not disclosed. LOS ANGELES
Combining the experience and
assets of All Mobile Video with AEGDM’s holdings, including
its Online Broadcast Center and recent facility expansion in Madrid,
Spain, with AMV’s facilities in New York City and Dallas, this
agreement will expand the new organization’s technical capacities,
allowing full redundancy in acquisition, encoding and transport
services. These additional locations will provide content providers
more acquisition options.
AEGDM, launched in October, 2009, provides full-time, live linear, TV Everywhere streaming
services to programmers, broadcasters and over-the-top video providers in addition to
continuing to build their ad-hoc event streaming, software and product
portfolio. While expanding its event and full-time services, AMV
Digital Media will be making significant investments in their software
platform. Building on the Live Experience Platform,
which includes the Tremolo multi-angle player and the MC interactive
event software, AMV Digital Media will offer enhanced
support of event automation, multiple-event service platforms, and
client configured event portals.
“AMV has always purchased
companies within its wheelhouse, this time we went outside the box and
are acquiring a group that would make our company more diverse,” said
Lenny Laxer, vice president of All Mobile Video.
The company also
announced that Joe Einstein, AEGDM’s vice president of operations for the past five years, will continue in that role
for the new venture.
“As broadcasters expand into
the digital realm, All Mobile Video and AEGDM are combining to expand
their service offerings to the broadcast industry,” said Eric Duke,
president of All Mobile Video. “Continuing to follow AEGDM’s broadcast-centric approach to its online streaming services will enable us to
continue to grow and service a wider scope of broadcast and streaming
This expansion will bring AMV Digital Media
acquisition capacity to 70 antennas, more than 100 fiber circuits, production
and uplink trucks, and in-house space segment.
The transaction is expected to close in the next 30 days.