Euro Media Group and NetcoSports acquire OTT provider On Rewind
Euro Media Group and its subsidiary NetcoSports have announced the acquisition of On Rewind, the group’s new spearhead OTT offering. Thanks to this acquisition, Netco Sports has launched a streamlined production and distribution solution for OTT, offering on-site video recording, the production and remote enhancement of content and its broadcasting on the On Rewind platform.
The video solution developed by On Rewind offers the hosting, coding and management of video content. This platform also supports live broadcast and sharing on social networks, as well as the hosting of content by third party suppliers (YouTube, Facebook, Dailymotion, Twitch).
Videos, all integrated into the enhanced player, allow users to view competitions and to access highlights via automatically indexed markers. A new non-intrusive monetisation system has also been developed by the On Rewind team, which highlights products and services during viewing and promotes sponsors and partners.
Netco Sports’ new OTT solution is aimed primarily at organisations holding rights that are currently under-exploited. As a genuine means of adding value and increasing customer retention, it enables them to produce their own content in a simplified and cost-effective manner and to retain total control, from capture to monetisation.
For Netco Sports, this acquisition demonstrates the company’s desire to develop in new business areas whilst completing its existing offering with regard to the development of multi-platform applications and graphic solutions for broadcasters. As explained by Jean-Sébastien Cruz, CEO of Netco Sports:
“The advent of streamlined creation along with OTT distribution today lies at the heart of the production and broadcast strategies within the sports sector. The solutions developed by On Rewind are well ahead from a technological point of view and are particularly innovative. This acquisition, following on from that of EBD in Italy, falls within the framework of the construction of a unique digital offer for our clients. This strong digital strategy within Euro Media Group now enables us to be a key player in digital production in Europe”.
Rémi Chasles and Romain Violleau, co-founders of On Rewind, are delighted with this agreement: “This has allowed us to offer a complete range of streamlined OTT production services that satisfies client requirements to perfection. We will combine the expertise of our two companies with a view to offering unique and innovative solutions within the sports sector”.