Ateliere Creative Technologies Announces Acquisition of Agile Live to Reduce Live Event Production Costs

Agile Live acquisition lowers global live TV production costs for news, sports and events

CENTURY CITY, CA and BILBAO, SPAIN / ACCESSWIRE / July 8, 2024 / Creative Technologies Studioleading multimedia software solutions company GenAI, and Agile Contenta leading TV platform technology and operations company, jointly announce the acquisition by Ateliere Agile LiveInnovative live TV production platform in the cloud. Agile Live revolutionizes live TV and video production for broadcasters, sports producers, and global newsrooms by leveraging next-generation software architecture and cloud technology to reduce costs by up to 70%. This acquisition represents a significant shift from traditional reliance on proprietary and expensive custom hardware solutions to more cost-effective, scalable, and flexible IP-based systems.

“Agile Live strategically expands broadcaster capabilities and streamlines live content production, significantly expanding the real-time entertainment experience available to consumers,” said Dan Goman, CEO and founder of Ateliere Creative Technologies. “With this acquisition, we are revolutionizing the live content industry to deliver enhanced, real-time content directly to consumers. It underscores Ateliere’s unwavering commitment to innovation, a hallmark of our industry reputation.”

Agile Live software is used by leading broadcasters such as Sveriges Television (SVT) in Sweden. SVT has adopted the technology for major sports events, reducing the amount of equipment needed on-site, streamlining workflows and lowering overall production costs.

“SVT is at the forefront of innovation in broadcast technology. We are building a software-defined infrastructure that will support our operations for many years to come, and Agile Live is playing a key role in helping us realize that vision,” said Dennis Buhr, Head of Production Development at SVT. “Our goal is to reduce technical and operating costs per hour of production to half or less of current levels, and we are excited to work with Ateliere to further expand the reach and capabilities of the system.”

Koldo Unanue, CEO of Agile Content, said: “With Ateliere’s established portfolio, organizational strength and market presence, the conditions are ideal for the technology and team to rapidly scale and achieve global success. We are eager to explore how our complementary portfolios and capabilities can advance our partnership, leading to new innovative solutions.”

The acquisition will bring to Ateliere a team of experienced live production software engineers based in Stockholm, Sweden.

Wolfson Partners LLC served as financial advisor to Ateliere.

To learn more about Ateliere’s media supply chain solutions, please visit www.ateliere.com.

About Ateliere Creative Technologies

Ateliere Creative Technologies is a leading GenAI cloud media supply chain company that enables media companies and content creators to better reach consumers on a global scale. Ateliere is part of the AWS Partner Network and AWS Independent Software Vendor (ISV) Accelerate program. Ateliere’s SaaS suite of solutions includes state-of-the-art workflows and formats to make the vision of a cloud studio a reality. The core of the Ateliere platform, Ateliere Connect™, provides core competencies in IMF, parallel scaling, and geographically distributed workflows. Ateliere is built by a team of experts with decades of combined experience at companies like Amazon, Netflix, and Microsoft.

Find out more at www.ateliere.comand follow us on Twitter, Instagram, LinkedInAND Facebook.

About Agile Content

Agile Content is an international technology company offering comprehensive solutions for the delivery of pay-TV services over the Internet. Its customers include telecommunications service providers, content creators, broadcasters and content management companies. Agile Content’s portfolio includes fully managed TV services, SaaS applications and infrastructure platforms, providing a competitive and comprehensive portfolio of innovative, cost-effective and scalable products for the TV business of its customers and partners. Agile Content has a team of 290 professionals distributed across 15 countries, has over twenty years of experience serving over 120 global customers spanning the entire content value chain with a holistic approach and already reaches over 50 million households worldwide that watch TV through one of its technologies. Headquartered in Bilbao with R&D centers in Brazil, Spain and Sweden, it centralizes and coordinates R&D and innovation activities, collaborating with a diverse ecosystem of international companies to develop and drive innovations that will revolutionize the TV experience in the coming decades. Founded in 2007, Agile Content has been listed on the BME Growth market since 2015.

About SVT

Sveriges Television (SVT) is the Swedish public television with the widest range of programmes of any television station in Sweden. SVT’s vision is to contribute to a more inquisitive, informed Sweden, and the company’s goal is to create content that engages, entertains and enriches – in the service of the audience.

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SOURCE: Creative Technologies Studio