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 Feb. 27, 2017
Register & Log in
Sponsors

RSS News
RSS Info About RSS

Member
logo
logo
logo
logo
logo

# 1943 Eidophor

Skip Navigation LinksStart/Menu > Find Press Releases > Refresh this page
Paris (France), Liège (Belgium)—Jun 24, 2015

Ymagis Group Announces New Partnership with Eutelsat for Content Delivery Arm DSAT Cinema

Ymagis Group (ISIN: FR0011471291, TICKER: MAGIS), the European specialist in digital technologies for the cinema industry, today announced it has reached an agreement with Eutelsat Communications (NYSE Euronext Paris ISIN: FR0010221234 TICKER: ETL) to strengthen the operational activities of their content delivery company DSAT Cinema (DSAT). Eutelsat and dcinex (Ymagis Group) have a 50.2% and 49.8% ownership stake in DSAT, respectively.

Under the deal, Ymagis’ content delivery business entity, Smartjog Ymagis Logistics ("SYL"), and DSAT will provide a single, fully-integrated business offer to clients. Combining SYL and DSAT’s respective networks of electronic receivers across Europe will create a very important network for content delivery, with 3,300 cinema sites currently connected. 

SYL will operate DSAT’s portfolio of activities on a day-to-day basis under the guidance of DSAT’s board of directors. The redeployment of content receivers and optimization of satellite capacities will be prioritized in order to achieve maximum efficiency. 

Eutelsat and dcinex will, remain shareholders of DSAT for a period of 15 months. At the end of this period, Ymagis may acquire Eutelsat shares in DSAT Cinema at a price reflecting the latter’s financial performance. 

Olivier Anstett, Director Media and Value Added Service at Eutelsat and Chairman of the Board of DSAT declared: "The European digital cinema market needs one strong electronic delivery player to ensure fast and reliable content delivery. We believe that large scale cinema content delivery can only be achieved on a sustainable basis, through satellite. This is why we are convinced that SYL is the right operational partner for DSAT Cinema and look forward to implementing this partnership". 

Jean Mizrahi, CEO and co-founder of Ymagis added: "This coming together of SYL and DSAT at an operational level is a prerequisite for the short-term success of our electronic content delivery service. It will allow us to offer enhanced services to both our distributor and movie exhibitor clients across Europe. Following the dcinex acquisition in October 2014, this agreement with Eutelsat is logical: to obtain full operational control and full ownership of DSAT in 15 months. This move offers an opportunity to reunite SYL and DSAT in 2016 under Ymagis’ management, optimize synergies and to create a global leader in electronic content delivery throughout Europe."

About Ymagis Group: The Ymagis Group is a leader in advanced digital technology services for the cinema industry. Through CinemaNext and Eclair, the Group provides innovative 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. Founded in 2007, Ymagis Group is headquartered in Paris and has offices in 23 countries with nearly 700 employees. Our 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 (financial services). For more information, please connect to www.ymagis.com, www.cinemanext.digital or www.eclair.digital Ymagis Group Directory page
Similar Press Releases Search for press releases

Share this page:
More Ymagis Press Releases: Feb 3, 2017 Ymagis Group Announces Re-Release of Damien Chazelle’s LA LA LAND in EclairColor in Berlin & Nuremberg Jan 23, 2017 Ymagis Group Announces Theatrical Release of Damien Chazelle’s LA LA LAND in EclairColor Jan 20, 2017 Ymagis Group Strengthens CinemaNext’s Exhibition Services in Turkey with New Business Partner Omega Cinema Systems Jan 13, 2017 Ymagis Group Concludes Acquisition of Italian Open Sky’s Theatrical Content Delivery Activities Jan 10, 2017 CinemaNext Equips Paris’ Pathé Wepler Cinema with EclairColor Technology for 11 January Release of Lisa Azuelos’ “Dalida” Dec 20, 2016 Ymagis Group Expands CinemaNext Activities in Eastern Europe with Belarusian Partner Kraftwerk Dec 9, 2016 CinemaNext Announces Agreement with Empire Cinemas for Field & Customer Services at 14 Cinema Locations Dec 7, 2016 Ymagis Group Announces Upcoming EclairColor Film Line-up and Completion of 14 Cinema Installs in France Nov 30, 2016 Ymagis Group Signs Agreement with Italian Open Sky SRL for Acquisition of its Theatrical Content Delivery Activities Nov 16, 2016 CinemaNext Transforms Munich’s Mathäser Filmpalast 6 Into First German QSC-Certified Theatre Nov 9, 2016 Ymagis Group Expands Eclair’s Dubbing Business in Spain with Addition of Tecnison Nov 2, 2016 Ymagis Group Acquires DSAT Cinema Satellite Content Delivery Network Oct 17, 2016 Ymagis Group to Present Revolutionary New EclairColor™ Digital Color Solution in Los Angeles 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) Apr 29, 2016 Ymagis Group Signs Memorandum of Understanding for Acquisition of French Subtitling Company ST’501 More
©Copyright 2003 - 2017 WHMCC, LLC. All rights reserved.   | Contact | Terms of Use | Privacy Statement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
banner