Find Companies:
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Digital Cinema Technology Sep. 29, 2016
Please Login
Login/Signup
Sponsors

RSS News
RSS Info About RSS

Member
logo
logo
logo
logo
logo

# 1939 Format Debate

Skip Navigation LinksStart / Menu > Find Press Releases > Full Press Release
Paris (France)—Apr 29, 2016

Ymagis Group Signs Memorandum of Understanding for Acquisition of French Subtitling Company ST’501

Ymagis Group (ISIN: FR0011471291, TICKER: MAGIS), the European specialist in digital technologies for the cinema industry, today announced the signing of a Memorandum of Understanding for the acquisition of French subtitling company ST’501, which specializes in live broadcast subtitling for the television industry.

According to the terms of the agreement and subject to the fulfillment of conditions precedent, Ymagis Group would become the sole shareholder of ST’501. 

"Since its founding in 1996, ST’501 has earned an irreproachable reputation in the marketplace and among its clients, including several large broadcasters in France. It has remained consistently innovative, providing as early as 2008 live TV and corporate event broadcast subtitling services,” said Jean Mizrahi, Ymagis Group CEO & Chairman. “This partnership would allow us to bolster our current subtitling & accessibility offer and expand operations in our content services business segment.” 

"Given the complementary nature of our activities, the expected synergies with ST’501 are substantial,” added Christophe Lacroix, Ymagis Group’s SVP Content Services. ”This agreement would strengthen our business offer for TV broadcasters by providing a broader pallet of subtitling services, including closed captioning and sign language interpretation for the deaf and hearing impaired, multilingual subtitling, subtitling for live television broadcast events and live corporate events, and audio description services for the blind and visually impaired." ST’501 reported revenue of 2.4 million euros in 2015. 

Located in the southern Paris suburb of Issyles-Moulineaux, the company has 20 full-time or equivalent employees.
Ymagis Contacts:
Pierre Flamant, CFO: 

Julien Bollee: 
Ymagis Web Site:
Logo: Ymagis & CinemaNext About Ymagis & CinemaNext: CinemaNext is the Ymagis Group’s business unit dedicated to exhibitor services. Founded in 2007 and managed by professionals from the motion picture and high-tech industries, Ymagis Group is a European leader in advanced digital technology services for the cinema industry.Through CinemaNext and Eclair, the Group provides smart and comprehensive solutions to movie exhibitors, distributors (feature films & event cinema), producers, right-holders, cinema/TV advertising networks, rights holders, broadcasters, VOD/S-VOD platform operators and video publishers. Over the years, Ymagis Group has significantly grown its portfolio of solutions & services and further developed its geographic footprint in Europe with permanent offices in 20 countries. The company’s core business is structured around three main units: CinemaNext (exhibitor services: sales and field services, software solutions, customer service/NOC and consulting), Eclair (content services: post-production, theatrical delivery, digital distribution, versioning and accessibility, restoration and preservation) and Ymagis (VPF & financial services). As of 31 December 2015, more than 7,000 cinema screens have been installed internationally by CinemaNext engineers and currently avail of service contracts. Eclair is the only provider with a pan-European content delivery service (via broadband or satellite) thanks to its network of 3,300 connected cinema sites. A publicly-traded company listed on Euronext, Ymagis Group is headquartered in Paris (France) and counts close to 700 employees. Ymagis & CinemaNext Directory page Ymagis & CinemaNext Web Site
Similar Press Releases
Learn More About:
Countries: France More
More Ymagis Press Releases: Sep 26, 2016 Ymagis Group Announces 'Aquarius' as First Feature-Length Release Using EclairColor™ Digital Color Solution and Completion of First Cinema Install in Paris Sep 19, 2016 CinemaNext and Eclair to Present Revolutionary New EclairColor™ Digital Color Solution at 71st Annual Convention of French Cinema Exhibitors in Deauville Jul 7, 2016 Ymagis Group Launches EclairColor™, Its New Feature Film Mastering and Screening Technology for Cinemas Jun 30, 2016 CinemaNext Signs Agreement with Austrian Cinema Chain Cineplexx for Melody TMS and Symphony Circuit Management Software Jun 16, 2016 Ymagis Group Expands Eclair’s Dubbing Business in Germany with Addition of Christa Kistner Synchronproduktion May 24, 2016 CinemaNext Opens Its First French Regional Office at the Pole Pixel of Villeurbanne (Greater Lyon) Mar 30, 2016 Ymagis Group Announces Corporate Rebranding Initiative Feb 29, 2016 Ymagis Group and Polish Cinema Exhibitor Helios Sign Theatrical Content Delivery Deal Feb 25, 2016 Ymagis Group Installs 4K RGB Laser Projectors in Three New Megarama Cinemas in France and Morocco Feb 8, 2016 Ymagis Group Acquires German Cinema Distribution Services Leader Cine-Logistics Gmbh Jan 18, 2016 Ymagis Group/dcinex and Industry Leader Figueras Reach Non-Exclusive Distribution Agreement for Cinema Seating Jan 12, 2016 Ymagis Group Appoints Serge Sepulcre Director of Éclair’s Digital Distribution Division Jan 6, 2016 Ymagis Group Names Georges Garic New Deputy CEO Jan 5, 2016 YMAGIS Becomes Sole Shareholder of its Content Delivery Services Subsidiary Dec 14, 2015 Weischer.Media Signs Ymagis Group’s MELODY TMS to its ‘CINEMA.RELOADED® ready’ Programme Dec 2, 2015 Ymagis Group Launches New State-of-the-Art Dolby Atmos™ Screening Room at Central London Offices Nov 19, 2015 Multiplex Chain Cinema Park and Ymagis Group/dcinex Install First Barco 4K Laser Projector in Russia Nov 10, 2015 Vista Entertainment Solutions, a Vista Group International Company, Signs Software Distribution Agreement with Ymagis Group/dcinex for Russia and CIS Nov 6, 2015 Ymagis Group Completes First Dolby Atmos™ Installations in Greece with Exhibitor Village Cinemas More
©Copyright 2003 - 2016 WHMCC, LLC. All rights reserved.   | Contact | Terms of Use | Privacy Statement
banner