Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Video Streaming Company StreamAMG Acquired By PA Group

Mon 3rd Apr 2017 | IT & Technology

PA Group – the news and information business and parent company of the Press Association – has added StreamAMG to its growing portfolio of specialist media businesses, having taken a 61% stake in the video streaming company.

StreamAMG provides online, high definition video solutions to rights-holders and content owners, enabling them to capitalise on the value of their video content.

Its services include live streaming, webcasting and video-on-demand for organisations and businesses across a range of sectors including sport, education, media and the public sector.

StreamAMG works with major brands across Europe, and in the UK provides services to the majority of the English Premier League football clubs, most of the major bookmakers and premium public sector clients including the BBC and the European Council.

This is PA Group’s latest acquisition in a long-term strategy to diversify its business, and consolidate its position as the UK’s leading provider of cross-platform news, sport and entertainment content and services.

In addition to its initial investment, PA Group has secured an option to acquire the remaining shares in StreamAMG.

The investment will support the continued expansion of StreamAMG’s services into new territories and sectors including media, sport and racing where PA has strong relationships and demand for live streaming services is predicted to grow strongly.

Post-acquisition the company will continue to be run by its two founders, Chief Executive, Duncan Burbridge, and Chief Technology Officer, Joe Bray.

Clive Marshall, Chief Executive of PA Group, who becomes Chairman of StreamAMG, said: “We are delighted to bring StreamAMG into the PA Group.

“Video is already a central part of our content proposition to both our media and corporate customers, and the acquisition adds new capability in live-streaming, web-casting and video-on-demand, enabling new and existing clients to monetise content more effectively.

“Not only is StreamAMG’s technology first class but their high-quality customer service and support of client monetisation strategies mark them out from other providers in this sector.”

Duncan Burbidge, Chief Executive of StreamAMG, added: “PA is the perfect partner for us. The acquisition brings together a fantastic brand in content creation with a technology services business in StreamAMG that has the capability to deliver live video content to any platform globally.

“PA’s reach and relationships across multiple sectors will enable StreamAMG to exploit untapped market potential for its services and build on the company’s impressive growth over recent years.”

Posted by: Aaron Gourley 

RETURN TO LATEST NEWS SECTION
SUBSCRIBE TO THE FCBUSINESS RSS FEED
 
If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk

To subscribe to our range of football newsletters including news, products and jobs CLICK HERE.

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Hat trick for Reading Room with the launch of three new football club sites

Tue 25th Jul 2017 | IT & Technology

Stoke City, Middlesbrough and Swansea City football fans can now keep up-to-date with the latest team news following the launch of new websites for all three clubs. Unveiled this month over three...

In Focus: ChyronHego: Global Leader in Sport Performance Technology

Fri 21st Jul 2017 | IT & Technology

ChyronHego has an unparalleled client list with league-wide deals across the biggest leagues in world football. They are the chosen supplier for both of UEFA’s flagship club competitions -...

Birmingham City Launch Improved Online Experience

Thu 20th Jul 2017 | IT & Technology

Green 4 enable Birmingham City FC to improve online fan engagement by creating fan focused website. Birmingham City FC has worked with Green 4 to improve their online fan engagement by creating their...

KORE Software’s Technology Selected by the Atlanta Braves

Wed 19th Jul 2017 | IT & Technology

KORE Software’s Technology Selected by the Atlanta Braves as their CRM and Data Warehouse for SunTrust Park and The Battery Atlanta KORE Software has announced that they have been selected by...