ARTS ALLIANCE MEDIA NAMED ONE OF EUROPE's
TOP 50 MOST INNOVATIVE COMPANIES,
ACCORDING TO CNBC EUROPEAN BUSINESS REPORT
LONDON, 27th February, 2007 – Arts Alliance Media (AAM), Europe’s leading provider of digital film distribution services, has been recognised in CNBC’s European Business magazine’s Innovation issue as one of the top 50 innovators in Europe. Five companies from across Europe were selected in the Media and Entertainment category – alongside Arts Alliance Media were BSkyB, France Telecom, Bebo and Constantin. A variety of experts from each sector contributed to the list.
The list of Europe’s 50 most innovative companies was published by CNBC’s European Business magazine this month, and can be viewed online at http://cnbceb.com/2007/03/01/the-innovation-issue/
Since its inception in June 2003, AAM has grown to be the UKs largest digital cinema operator. In early 2005, AAM won a competitive bid to install and operate the 240 screens of the UK Film Council’s Digital Screen Network (DSN) – all of which will be operating by May this year. Films played on the network have included The Chronicles of Narnia, Touching the Void, Chicken Little (in both 2D and 3D), The Wild, Hard Candy, Good Night, and Good Luck, London to Brighton, Casablanca, Over The Hedgeand Dirty Dancing. Nearly 100 titles have been handled by AAM to date. The company was also recently selected by Odeon to participate in its digital cinema trial by integrating all screens at the Odeon Surrey Quays multiplex . This is the UK’s first commercial digital cinema installation.
Arts Alliance Media is also leading the way in Digital Home (Download to Rent and Download to Own) services in Europe. As a content aggregator and technology supplier, AAM’s Vizumi Network provides complete solutions for partners to provide download services on their own websites. The digital content library currently carries content from Universal, Warner Bros., Sony Pictures, Artificial Eye, Momentum, Icon, and Tartan, amongst others. As at today, 1664 titles are available to either rent or to own, and Vizumi is powering downloads on LOVEFiLM (Europe’s leading online DVD rental service), AOL.co.uk, and selected Emap titles, including Empire (the UKs leading movie magazine). New content and distribution partners are being announced regularly, and the most up to date list can be seen at www.vizumi.com.
AAM’s Chief Financial Officer Patrick Foley commented “We’re delighted to be recognised in this way after less than four years in business, and to be in such good company in our Media and Entertainment category. It speaks volumes about the accomplishments and determination of our workforce.”
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For further information, please contact:
Kate Pidgeon: Arts Alliance Media 0207 751 7512
Notes to Editors:
About Arts Alliance Media:
- Arts Alliance Media (AAM), based in London, is Europe's leading provider of digital film distribution services, dedicated to building a European digital network to deliver film to the cinema, to the home and between industry players.
- For Video-on-Demand and Download-to-Own, AAM provides ISPs, media companies and e-tailers with turn key solutions for acquiring rights and securely distributing digital video content over the internet to their audiences.
- AAM owned LOVEFiLM, Europe's largest online DVD rental company, until the LOVEFiLM/Video Island merger in April 2006. AAM remains the largest single shareholder of LOVEFiLM International, the merged company, and provides the technology and content for digital distribution.
- For digital cinema, AAM provides end-to-end digital cinema solutions encompassing equipment selection, financing and integration, operator training, installation and support, and content management and delivery.
- In February 2005, Arts Alliance Digital Cinema won the UK Film Council contract to install and operate 240 digital screens, the Digital Screen Network (DSN), the world’s first 2k digital cinema network. Using experience from to the DSN rollout, AAM set up an industry and government-supported digital cinema trial in Norway in April 2006 and in January 2007, AAM was selected to integrate and support the UK’s first commercial digital cinema trial on all screens at the Odeon Surrey Quays multiplex.
- AAM was Main Partner of the 2007 European Film Market at the Berlin Film Festival and hosted a series of Digital Debates and provided a Screenings-on-Demand service.
For more information, visit: www.artsalliancemedia.com