MPS AAM Announcement May 04

MPS AAM Announcement 1 May 2014

London, 1 May 2014 MOTION PICTURE SOLUTIONS ACQUIRES ARTS ALLIANCE MEDIA'S CONTENT SERVICES DIVISION

London, 1 May 2014 - London-based digital cinema companies Motion Picture Solutions (MPS) and Arts Alliance Media (AAM) announce that AAM's Content Services business has been acquired by MPS.

The combined entity, operating as Motion Picture Solutions, will form Europe's largest and most experienced independent mastering facility, serving a range of clients from major studios to independent film makers.

The deal is part of a wider on-going cooperation between AAM and MPS to deliver the most compelling digital cinema content delivery and management solution to distributors and exhibitors by fusing together the best of both companies' hardware and software products.

Matthew Aspray, Chief Operating Officer of MPS, said We are delighted that the AAM Content Services team are joining MPS. Our pooled resources will ensure that our existing and new clients receive innovative high quality digital cinema mastering services for years to come. Our future collaboration with AAM will enable us to launch new solutions in KDM delivery, dynamic content ordering and distribution.

Howard Kiedaisch, Chief Executive Officer of AAM added The new MPS team will be 100% focused on content services and bring together the best from both groups to create an unrivalled leader in Europe. Also, being able to collaborate rather than compete against each other makes perfect sense for both AAM and MPS, but more importantly allows us to offer the highest quality solution for our distributor and exhibitor clients.

AAM and MPS have both been working on digital cinema content delivery technology for several years. As part of the collaboration they will be working on integrating the technology to provide the strongest solutions for the exhibition and distribution communities. AAM's expertise with exhibitor-side software and MPS's leading position with hardware for electronic delivery (LANsat), gives the companies an unparalleled offering to cinemas for receiving content seamlessly.

AAM's Content Services division is expected to have transferred communications and billing to MPS by 1 June 2014. All of AAM's Content Services staff will be transferred to MPS, and the company will continue to be based at its West London location. Other areas of MPS & AAM's businesses are unaffected.

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For more information please contact:

Arts Alliance Media

Anna Johnstone - anna.johnstoneartsalliancemedia.com / +44 (0)20 7751 7512

Motion Picture Solutions

Seth Bell - seth@motionpicturesolutions.com / +44 (0)20 7371 2396

About Motion Picture Solutions

Motion Picture Solutions, a forerunner in digital cinema, has been mastering and distributing DCPs since 2006. MPS is now a leading film services company, offering an end-to-end solution from digital cinema mastering, international versioning through to physical and electronic distribution, KDM management and screening support.

More information can be found at https://www.motionpicturesolutions.com

About Arts Alliance Media

London-based Arts Alliance Media is the worldwide leader in digital cinema. The company offers industry-leading cinema software solutions; financing solutions for digital conversion; installation, maintenance and support for digital cinema systems; management and delivery of content to cinemas; and world-class event cinema and live content including the Royal Opera House's Live Cinema Season. The company's cutting-edge software touches over 20,000 screens worldwide and is installed in cinemas in every continent. The Network Operations Centre (NOC) supports over 11,000 digital screens around the world and is set to expand further to Latin America over the coming months. The company's digital cinema lab has mastered over 3,500 titles to date and shipped hundreds of thousands of DCPs.

LINK:	http://www.artsalliancemedia.com/news/mps-aam-announcement-1-may-2014...
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