Move aimed to increase digital division
In a move aimed at enhancing its digital service offerings, Thomson Technicolor announced Tuesday that is acquiring Anaheim-based online distributor SyncCast.Move is part of Thomson’s Integrated Services Strategy, aimed at supporting the industry’s adoption of digital production and online delivery in place of physical media. “The SyncCast acquisition and the rest of the initiatives combine to give us an all-digital supply chain as complete as what we offer with physical media,” Technicolor chief technology officer Chris Cary told Daily Variety. Where Technicolor has had a full suite of services with physical media, Carey said, the company is “extending those same supply chain capabilities into the entirely file-based Internet distribution environment.” SyncCast is an end-to-end digital media service provider and delivery network, with services including content preparation and publishing, digital rights management, integration with payment and billing platforms, and services for storing, managing, securing and reporting the consumption of digital content. Among the customers for which SyncCast provides digital media services are: Microsoft’s Xbox Live Video Marketplace; the Motion Picture Assn. of America and National Geographic. Company also manages and prepares content for companies such as CBS, MTV, HBO, and LionsGate. Terms of the deal were not disclosed.