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SBT Launches Its First FAST Channel, TV Zyn, With Amagi and AD Digital

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NEW YORK, Aug. 7, 2023 /PRNewswire/ — Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV (CTV), today announced that Sistema Brasileiro de Televisão (SBT), a leading TV network in Brazil, has partnered with Amagi and AD Digital to launch, distribute, and monetize its first FAST channel, TV Zyn, on Free Ad-supported Streaming TV (FAST) platforms. The channel, which focuses on the teen demographic, was first launched on Samsung TV Plus in June, and it will be launched on other FAST platforms in the coming months.

SBT is a known brand in the media and entertainment (M&E) market, with great reach and popularity among Brazilian audiences. The group has established international reach through pay-TV distribution, and FAST comes as an opportunity for SBT to further expand distribution.

“SBT takes another important step in its digital transformation strategy with the launch of its first FAST channel,” said SBT CTO Roberto Grosman. “The partnership with AD Digital and Amagi was fundamental for this movement.”

Through an ongoing partnership with SBT, Amagi provided the technology backbone for the group’s pay-TV distribution model. To kickstart its digital journey, SBT has chosen to deploy Amagi’s key cloud solutions for channel creation, distribution, and monetization: Amagi CLOUDPORT and Amagi THUNDERSTORM. Amagi CONNECT will enable SBT channels — TV Zyn and SBT International — to connect with a plethora of platforms in the global CTV-led FAST universe and to boost viewership and ad revenue using its content. AD Digital joins the partnership as an accelerator on FAST channel initiatives.

“It’s wonderful to see celebrated TV networks such as SBT taking their premium channels to the next level,” said Amagi Co-founder and Chief Revenue Officer Srinivasan KA. “We’re eager to help them to build an engaged and loyal audience in the FAST universe using our best-in-class content distribution and monetization solutions.”

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“SBT is one of the most important communication groups in the Brazilian market; it is a company that has been constantly seeking innovation and going through transformations inside our digital ecosystem,” added AD Digital Senior Vice President Daniela Souza. “We at AD Digital are very happy to be able to contribute to this new movement that has been having huge growth year after year in the North American and European markets and with this acceleration that we are now seeing in the Latin American market.”

Amagi delivers linear channels in over 40 countries around the world, with the majority of clients from the American market. Amagi’s customer list includes ABS-CBN, AccuWeather, A+E Networks UK, Cinedigm, Cox Media Group, Crackle Plus, Fremantle, Gannett, Gusto TV, NBCUniversal, Tastemade, The Roku Channel, and numerous other global companies.

More information about Amagi and its streaming TV solutions is available at www.amagi.com.

About SBT

On August 19, 1981, Sistema Brasileiro de Televisão (SBT) was inaugurated. Popularly known as the channel of the Brazilian family, SBT covers 199 million viewers and 67 million households. It currently has 114 broadcasters across the country, with 24 hours of diversified programming, with a share of 10% in Greater São Paulo and 9% in Brazil. The SBT complex has a total area of 230,000 m² with 74,000 m² of built area. It has eight studios, totaling an area of more than 4,400 m², and a scenographic city of 6,500 m². SBT is a consolidated success in auditorium programs, a reference in the production of children’s content, with impartial and credible journalism, in addition to betting on digital, with exclusive content.

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About AD Digital

AD Digital is focused on co-creating innovation, integration, and service delivery solutions within media ecosystems. The company seeks to unify strategy and technology to support its clients in a variety of initiatives, from solution integration to transformation consulting, providing each project with a unique approach, focused on the objectives and KPIs of each business. With over 28 years of experience, AD Digital has offices in São Paulo, New York, and Miami, and is ready to support companies throughout Latin America and the USA.

About Amagi

Amagi is a next-generation media technology company that provides cloud broadcast and targeted advertising solutions to broadcast TV and streaming TV platforms. Amagi enables content owners to launch, distribute and monetize live linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24×7 cloud-managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations. Overall, Amagi supports 700+ content brands, 800+ playout chains, and over 2100 channel deliveries on its platform in over 40 countries. Amagi has a presence in New York, Los Angeles, Toronto, London, Paris, Melbourne, Seoul, Singapore, and broadcast operations in New Delhi, and an innovation center in Bangalore.

Link to Word Doc: www.wallstcom.com/Amagi/230807-Amagi-SBT.docx

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Photo Link: www.wallstcom.com/Amagi/SBT_Amagi.jpg 

Photo Caption: SBT has partnered with Amagi and AD Digital to launch, distribute, and monetize its first FAST channel.

 

     

Agency Contact:
Joseph Lesieutre
Wall Street Communications
Email: [email protected] 

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Amagi Contact:
Sanjay Kirimanjeshwar
Vice President – Corporate Marketing
Email: [email protected] 

Yashaswini Kumar
Senior Manager – Marketing
Email: [email protected]    

AD Digital Contact:
Bianca Cardoso
Marketing
Email: [email protected]

View original content:https://www.prnewswire.co.uk/news-releases/sbt-launches-its-first-fast-channel-tv-zyn-with-amagi-and-ad-digital-301894415.html

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Blockchain Press Releases

HTX Appoints Singapore National Goalkeeper Hassan Sunny as Chief Safeguarding Officer

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SINGAPORE, June 15, 2024 /PRNewswire/ — HTX, a leading cryptocurrency exchange, proudly announces the appointment of Singapore national football team goalkeeper Hassan Sunny as Chief Safeguarding Officer.

“The partnership between HTX, the ‘People’s Exchange’, and Hassan Sunny, the ‘People’s Goalkeeper’, is a perfect match,” said Justin Sun, Member of the HTX Global Advisory Board. “Together, we will work to ensure the safety and security of user assets in the ever-evolving crypto world. Just as Sunny fearlessly protects his goal on the field, HTX is committed to protecting every user’s assets with the same determination and resolve, providing the safest and most reliable investment environment possible.”

Sunny also expressed his excitement about joining the HTX family, stating “I am excited to be part of HTX. I can’t wait to embark on this journey with the team.”

Sunny has been called a national hero in China for his outstanding performance in the final group match of the first round of the 2026 FIFA World Cup Asian Qualifiers against Thailand on June 11th. Despite facing relentless attacks, Sunny made an incredible 11 saves, including a crucial one in stoppage time. Singapore ultimately lost the match 1-3, but their result helped China qualify for the next round at the expense of Thailand.

About HTX:

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Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies – “global development, technology drives development, and technology for good” underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.

 

View original content:https://www.prnewswire.co.uk/news-releases/htx-appoints-singapore-national-goalkeeper-hassan-sunny-as-chief-safeguarding-officer-302173558.html

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Blockchain

New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund

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Helsinki-based Equilibrium Ventures (EQV), a new seed-stage venture capital fund focused on the crypto sector, has successfully closed the first round of its €30 million fund, raising €6 million from limited partners (LPs). This milestone highlights growing interest in blockchain startups and a promising future for the European crypto ecosystem.

The fund is led by an experienced team of partners: Mika Honkasalo, Henrik Sundvik (formerly of Bain & Company), and Christopher Ahn (ex-Molten Ventures investor). Equilibrium Ventures aims to attract and support founders with deep technical expertise in blockchain technologies, covering areas such as zero-knowledge proofs and smart contracts, essential for developing advanced blockchain solutions.

Equilibrium Ventures has attracted a diverse group of backers, including strategic investors, family offices, and notable LPs like Sebastien Borget, co-founder of the metaverse platform The Sandbox. This support underscores the fund’s credibility and signals growing confidence in crypto investments despite recent market challenges.

Dedicated to crypto infrastructure, Equilibrium Ventures emphasizes rigorous technical due diligence and value addition for pre-seed and seed engineering firms. With a network of about 70 blockchain engineers, mainly based in Europe, the fund is well-positioned to help startups develop robust blockchain technologies.

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The renewed interest in venture capital investment in blockchain, bolstered by evolving regulatory landscapes in the US and Europe, is expected to increase investor confidence in the crypto sector. Equilibrium Ventures, with its technical expertise and strategic support, is poised to become a significant player in Europe’s crypto venture scene.

Looking ahead, Equilibrium Ventures aims for a second close by the end of this summer, targeting 80% of the total fund. This progress indicates strong momentum and the potential for significant contributions to the European blockchain ecosystem.

Source: arcticstartup.com

The post New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund appeared first on HIPTHER Alerts.

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Blockchain

Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

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Riot Platforms, Inc. has announced its acquisition of a 14% stake in Bitfarms Ltd., as detailed in a recent press release by Riot Platforms. This move aligns with Riot’s strategy to influence corporate governance within Bitfarms.

Acquisition Details

On June 13, 2024, Riot Platforms purchased 1,432,063 common shares of Bitfarms Ltd., representing about 0.35% of Bitfarms’ issued and outstanding common shares. The shares were bought on the Nasdaq Stock Market and other open markets at an average price of approximately $2.70 per share, totaling $3,870,293.46.

Before this acquisition, Riot held 56,194,973 common shares of Bitfarms, equating to 13.65% ownership. With the new shares, Riot now holds 57,627,036 common shares, resulting in a 14% stake in Bitfarms.

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Strategic Intentions

Riot Platforms intends to call a special meeting of Bitfarms’ shareholders to nominate several independent directors to the board, citing concerns over Bitfarms’ corporate governance. Riot seeks to influence Bitfarms’ strategic direction and enhance its governance standards.

Riot is continuously reviewing its investment in Bitfarms and may adjust its position based on factors such as market conditions and the company’s financial status. Potential actions include increasing or decreasing its stake, entering into hedging transactions, or proposing additional strategic measures.

Forward-Looking Statements

The press release includes forward-looking statements subject to risks and uncertainties, reflecting Riot’s current expectations and assumptions. Riot cautions investors to consider these risks before making investment decisions.

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Riot’s vision is to become the leading Bitcoin-driven infrastructure platform, focusing on a vertically integrated strategy with Bitcoin mining operations in Texas and electrical switchgear engineering in Colorado.

Source: blockchain.news

The post Riot Platforms Acquires 14% Stake in Bitfarms Ltd. appeared first on HIPTHER Alerts.

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