RRsat Signs $11.7 Million Contract with Asia Customer
[Via Satellite 03-04-2014] RRsat Global Communications Network has signed a five-year, $11.7 million agreement with a customer in Asia. The agreement is one of the largest in RRsat’s history but, due to confidentiality agreements, the name of the customer was not disclosed.
Under this agreement, RRsat will provide content acquisition, media processing and distribution services of SD and HD content to Asia.
“Broadcasters are looking to expand their offering to include linear and live programming in multiple formats to multiple regions and RRsat is an ideal partner to facilitate these efforts,” said Lior Rival, COO of RRsat. “Our expanded geographic presence, innovative infrastructure, rigorous standards and enhanced capabilities are opening new doors for us in new markets, and this contract in Asia demonstrates our success.”