24i Media realizes strong growth globally

Published March 28th, 2018

Revenue grows 70% in 2017, profitably topping $5M

Amsterdam (The Netherlands), March 15th, 2017 – 24i Media, an industry-leading Internet TV app developer for the world’s top media companies, today announced yet another year of record growth. The success in 2017 has been driven by signing up more than 20 new customers, including leading brands such as Tennis Channel, Entel, EdgeTV and RTÉ

2017 was a strong year for 24i Media, both in terms of growth in new customers and new partners, but also in staff and revenue, with a whopping 70% growth. This powerful momentum will continue in 2018, as the company is taking new strategic initiatives to bolster its technology innovation and global growth.

“The acquisition of the Siemens CVC front-end team to support the increasing demands for our services is a big success and saw its full value in 2017. The team is now fully integrated into 24i and we’re looking forward to significantly expand our team in 2018,” said Hans Disch, Chief Strategy Officer at 24i. “With the new strategic initiatives and opportunities that we’re working on, we’ll continue to combine our very strong autonomous growth with targeted acquisitions, to be better equipped than ever to take the front-seat in technology innovation in the OTT industry.”

Underscoring demand for its flexible and proven technology, Amsterdam based 24i has witnessed a 282% revenue growth over the last three years. In 2017 the company grew with about 70%. With this growth 24i also secured a spot on the prestigious Inc.5000 list of the fastest growing companies in EMEA in 2017. The list, seen as a ‘celebration of innovation’ and a distinguished ‘network of entrepreneurial leaders’, honors private companies that have achieved significant overall staff and revenue growth over a three-year period.

“Making the Inc.5000 list is a testament to 24i’s ability to innovate and introduce new solutions to a market that is constantly evolving at an unbelievable pace. I am thrilled and proud of the 24i Team which has grown in leaps and bounds in talent and has continued to provide unparalleled service to our ever-increasing number of forward-thinking clients across the globe,” said Martijn Van Horssen, 24i’s Chief Executive Officer. “We feel great about our set up for 2018 and our ability to continue delivering record-setting results and our plans and ambitions to keep surprising the industry with technology innovation.”

The company also significantly expanded its client base across both broadcasters, media companies and operators, including signing recognized corporates and brands, such as Sinclair Broadcasting Group, NPO, RTE, Entel, Globo and the Tennis Channel. 24i strengthened its position in all geographic markets, especially EMEA, North America and Latin America.

24i Media’s growth continues to be fueled by strong market demand for their proven technology framework for the development and deployment of leading Internet TV app solutions.

Meet 24i Media at NAB, booth SU9301CM

24i Media will be showcasing their feature rich set of TV applications at the NAB Show in Las Vegas, booth SU9301CM, April 9-12 and welcomes visitors to drop by their booth or book a meeting to discover how they can leverage 24i’s next generation tools and technologies to stand out from competitors and capitalize on 24i’s flexible and proven solutions.

24i acquires Vigour to accelerate innovation and growth in OTT multiscreen solutions

The companies’ combined capabilities will create greater value for customers and set the pace in a fast-evolving industry

  Amsterdam, The Netherlands, March 28, 2018: 24i Media, an industry-leading streaming applications developer for the world’s top media companies, today announced that it has acquired Vigour, a leading multiscreen video platform provider. The acquisition further enhances 24i’s leadership position globally and accelerates its innovation and growth, with its technology platform at the heart of its ambitions. Dutch video technology providers 24i and Vigour have joined forces to build a powerful, innovation driven partnership within the global market that will develop foundational multiscreen solutions to meet the evolving needs of today’s digital subscribers. With the acquisition of Vigour, 24i executes on its vision to drive innovation for video application technology, grow its international market share and build the most talented team in the industry. For Vigour, the acquisition provides an opportunity to expand the reach of its unique multiscreen vision across a much larger network, within an environment that provides the optimal operational conditions for the execution of a shared vision. “Reaching consumers regardless of the devices they use is crucial in securing their long-term business. The more devices they use, the more hours of content they will consume, and the more value they will gain from their subscription. In pursuit of these goals, the rate of innovation has accelerated considerably over the last few years,” said Martijn Van Horssen, CEO at 24i Media. “Our acquisition of Vigour strengthens our ability to lead this innovation curve and provide attractive, cutting edge applications that empower our customers to deliver immersive experiences for their subscribers across any device.” [embed]https://www.youtube.com/watch?v=54_KRdlfVd8&feature=youtu.be[/embed] 24i’s module-based technology framework allows broadcasters, operators and media companies to create and launch personalized streaming services on all screens, tailored to their needs. “Our platform is like a giant box of Lego, where customers can build their own apps with our state-of-the-art components, or they can purchase a fully completed package,” Martijn commented. “This is a tremendous step forward for 24i and our growth as a company. Bringing together our two companies ties directly to 24i’s strategy to deliver valuable outcomes to our customers and to extend our leadership in the rapidly expanding market for personalized cloud TV and video app technology. Together, our strong engineering talent, leading technology and deep video app expertise will unlock incredible innovation, choice and value for customers around the world. We warmly welcome the Vigour team and its leading technology expertise to 24i.” Martijn added. "At Vigour we have always worked from vision and content," said Ramon Duivenvoorden, CEO at Vigour Duivenvoorden. "We are enormously driven by innovation to push the boundaries in the way we deal with technology and media in our daily lives. The acquisition by 24i offers us the opportunity to pursue this shared vision together with much more power, resources and scope." The acquisition will result in a unique combination of Vigour’s innovation, design, and engineering expertise with 24i’s industry knowledge, platform and full range of solutions and technology. The combination will enable the creation of an integrated set of flexible products for creating cross-screen, personalized Internet TV applications, better positioning 24i to help companies rapidly develop OTT business models and capture new revenue streams in the high-growth and fast evolving market. Together with newly acquired Vigour, 24i will be showcasing their feature rich set of TV applications at the NAB Show in Las Vegas, booth SU9301CM, April 9-12. Visitors are welcome to drop by the booth or book a meeting to discover how they can leverage 24i’s next generation tools and technologies to stand out from competitors and capitalize on 24i’s flexible and proven solutions.
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Sep 15, 2014

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24i AND ABOX42 DELIVER SMART OPERATOR PROPOSITION TO DEUTSCHE GLASFASER

Amsterdam, Netherlands, September 15, 2014 – Dutch TV app developer 24i and German set-top box manufacturer ABOX42 have formed a partnership to jointly bring 24i’s ‘Smart Operator’ product to the market. The Smart Operator is a TV Everywhere solution offering a unified interface across a range of connected devices such as Smart TVs, game consoles, tablets, smartphones and the ABOX42 set-top box. The product delivers a complete TV experience with many features, including Restart TV, Network PVR and personalized user profiles & recommendations. At present the companies are collaborating to implement this product over a Unicast IPTV connection for German fibre operator Deutsche Glasfaser. “We are happy to work with ABOX42 in this project. Their M20 box has very strong performance and a rich SDK that allows us to deploy the Smart Operator smoothly”, says 24i CEO Martijn van Horssen. ABOX42 CEO Matthias Greve is equally content with the cooperation: “This is a very interesting partnership. 24i has a strong background in Smart TV and our set-top box provides a solution for non-connected TV sets. Their Smart Operator product is really setting the standard for modern TV interfaces.” Both 24i and ABOX42 are exhibiting at IBC2014 in hall 14, where they demonstrate the Smart Operator and other TV solutions.
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Jan 07, 2016

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KALTURA INTEGRATES 24i MEDIA’S TV EVERYWHERE INTERFACE WITH ITS OTT TV PLATFORM

Uniform multiscreen UI, combined with Kaltura’s backend platform, reduces time to market for OTT TV launches New York, NY, January 5, 2016 – Kaltura Inc., provider of the leading video technology platform, today announced that it has partnered with TV app developer 24i Media to offer the SmartTemplate user interface as a new front end for its OTT TV platform. The integration of the SmartTemplate TV app with Kaltura’s OTT TV backend platform means that companies can now launch a full multiscreen OTT service in a matter of weeks – the fastest time to market available today. The integration builds on both companies’ expertise from large-scale OTT deployments, offering scalability and a template-based approach for easy customization and enhancements at any time. 24i’s TV Everywhere interface includes templates that have been incorporated into Kaltura’s OTT TV platform. This allows companies to launch a uniform OTT user experience across multiple devices from the outset. Supporting live and on-demand content, the interface offers an intuitive dashboard for easy navigation, social sharing and personalized user profiles across smart TVs, tablets, mobiles and other connected devices. Also, all future innovations on the Kaltura OTT TV roadmap will be supported on the TV app, meaning that customers can transition smoothly as new versions are released, with minimal time and investment. Kaltura and 24i’s templates support smart TVs and lean STBs as well as game consoles, and even allow the service provider to cherry-pick specific platforms to use for their various audiences, based on territory and other criteria. The templates also incorporate Kaltura’s engaging viewer experience that is easy to use on any device. According to Ron Yekutiel, Kaltura Chairman and CEO, “TV is changing rapidly, and it’s increasingly difficult for service providers, content owners, broadcasters and operators to keep pace. Our goal is to ensure that our customers stay ahead of the game by continually offering them product enhancements, greater flexibility and scalability. By integrating 24i Media’s OTT TV app with our backend, we significantly lower the entry barrier for reaching the ten foot experience, and offer customers even more choice to launch a fast, cost-effective multiscreen OTT service today that can be easily enhanced in the future.” “Introducing our SmartTemplate TV app with Kaltura is another milestone for 24i Media,” said Martijn van Horssen, CEO of 24i Media. “Together we offer an integrated, world-class end-to-end solution for OTT deployment, with maximum functionality and innovation at minimal costs and implementation hassle. Our successful cooperation with Kaltura confirms and strengthens our ambition to shape and form the spearhead of the future of TV by delivering simply the best front-end user experience in close cooperation with our strategic partners.” At CES, Kaltura will demonstrate how the integration of 24i Media’s TV Everywhere interface with Kaltura’s backend platform provides a uniform cross-device experience on mobile, web, and smart TVs, with applications that can run on Roku, Apple TV, smart TV, Amazon Fire and more. About Kaltura Kaltura’s mission is to power any video experience. A recognized leader in the OTT TV (Over the Top TV), OVP (Online Video Platform), EdVP (Education Video Platform) and EVP (Enterprise Video Platform) markets, Kaltura has emerged as the fastest growing video platform, and as the one with the widest use-case and appeal. Kaltura is deployed globally in thousands of enterprises, media companies, service providers and educational institutions and engages hundreds of millions of viewers at home, in work, and at school. The company is committed to its core values of openness, flexibility, and collaboration, and is the initiator and backer of the world's leading open-source video-management project, which is home to more than 100,000 community members. For more information visit www.kaltura.com, www.kaltura.org, or www.html5video.org. About 24i Media: 24i conceives, designs, develops, deploys and maintains high value TV apps for all internet-connected screens: Smart TVs, set-top boxes, gaming consoles, tablets and mobiles. With more than 35 media professionals, 24i services world-leading broadcasters, operators and content-owners, like RTL, FOX, KPN, Pluto.TV and NGSN, enabling them to gain a massive competitive advantage in the media industry with innovative and break-through TV apps, enabling new monetization strategies by establishing interactive and personalized relationships with TV content consumers. As a highly focused and skilled front-end specialist, 24i is a true network organization and works in strategic partnerships with TV platform manufacturers, technology solutions providers, OVPs and other suppliers in the TV chain. 24i is founded in 2009 and headquartered in The Netherlands (Amsterdam), with offices in Spain (Madrid), Argentina (Buenos Aires) and the USA (Los Angeles). For more information, visit www.24i.com. Follow 24i Media on Twitter: www.twitter.com/24i_Media
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Apr 01, 2019

Press

24i Media Launches innovative ATSC 3.0 solution at NAB

Amsterdam (The Netherlands), March 21st, 2019 - 24i Media, an industry-leading, global video app developer, today announced that they will launch its innovative ATSC 3.0 solution for broadcasters and Pay-TV service providers at the 2019 NAB show in Vegas.

24i’s ATSC 3.0 solution is designed to greatly enhance over-the-air services for viewers while bringing together broadcast and broadband functionality to give audiences more content and choice. It will deliver a better experience for viewers, and also allow broadcasters to utilize addressable advertising and better measure who is watching which programs. The solution is compatible with any ATSC device, therefore allowing rapid integration on the preferred device.

“We are super excited to announce the launch of our innovative ATSC 3.0 solution at NAB,” said Martijn van Horssen, CEO at 24i Media. “Apart from providing our customers with cutting-edge ATSC 3.0 technology, our solution makes it possible for advertisers to get better targeted ads based on several parameters such as channel, genre, and location. Empowering broadcasters to start serving personalized advertising and thus create new revenue streams from advertisers.”

With full support for hybrid TV viewing, 24i’s innovative ATSC 3.0 solution enables interactive solutions and viewing of streaming video content on a range of devices such as Smart TVs, set-top-boxes (STBs), Internet or Hybrid, with low latency (CMAF DASH).

“ATSC 3.0 will be able to bring together OTT and live linear programming in a way not possible before,” said Rehor Vykoupil, CBDO at 24i Media. “With our many years of UI & UX experience from designing interactive HbbTV Apps which is part of the ATSC standard, we are well-equipped to address the challenges faced by our customers, and accelerate their time-to-market for product development and deployment.”

At 24i’s booth at NAB, #SU9610, 24i will provide visitors with an interactive demo of their newly launched ATSC 3.0 solution and addressable tv. 24i has also added another potential monetization revenue stream for broadcasters, the ATSC 3.0 TV Games Portal, allowing customers to extend their solution with a TV game portal with pre- integrated monetization tools. This too will be demonstrated at the 24i booth at NAB.

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