NEWS RELEASE
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VIDEO-8 ACQUIRES TVD BROADCAST AND HIRES NEW FINANCIAL CONTROLLER
Continued growth strategy
Sydney, 14 January 2010 – Continuing its strategy of growth and expansion, digital media migration specialists Video-8 today announced that it has acquired the business assets of TVD Broadcast, which include the trading name, intellectual property, contact details and web domain. Video-8 Managing Director Robert Scott said, “TVD Broadcast is one of Australia's leading DVD, Blu-Ray, multimedia, duplication and replication specialists. We have also been very fortunate to keep all the key TVD staff including Rodney Capon (Production Management), Warren Delbridge (Client Services/Facilities), Andrew Frame and Daniel Farr (Production and Operations).” The TVD business will be integrated into Video-8’s existing operations, with the new company trading under the Video-8 name whilst keeping the existing TVD website during the transition period to help customers easily find TVD, its services and staff. Rodney Capon added, “The TVD team is delighted to now be a part of Video-8 as our companies complement one another perfectly. Warren and I have already made contact with many of TVD’s valued clients and have received very positive feedback from everyone.” TVD clients will also benefit from Video-8’s wide range of services including HD (SR, HDCam, HDD5), telecine, Dolby E (encode/decode/frame rate conversions), Alchemist Platinum and Teranex conversions, Digital Asset Management and Media Migration and the disk duplication and Pro Media products offered by their Silver Trak division. Robert Scott concluded, “TVD has an excellent reputation in the market as a fair and efficient provider of high quality duplication services and the TVD team will make a great contribution to Video-8’s future growth. We are all very excited about this and it follows hard on the heels of our successful acquisition of Silver Trak in September last year. In addition to growing the business, the TVD team helps to infuse it with new blood and fresh ideas. It’s a great start to 2010, which is already looking to be a very good year.” Video-8 have also appointed Dino Vaccher as their new Financial Controller. Vaccher brings extensive accounting experience with him to Video-8 and was previously with Serco Sodexo Defence Services. For more press information contact Salvatore Di Muccio on +61 412 649964 or at salvatore@wellabove.com About Video-8 For over 30 years Video-8 has offered telecine, video duplication and conversion, technical QC checks and DVD authoring to the television production industry. With the increasing digitisation of the industry Video-8 launched its Media Factory digital asset management solution in 2006 which allows the complete ingest, digitising, migrating, storing, archiving and managing of media assets. Video-8’s clients include production and distribution companies, broadcasters, advertising agencies, sporting bodies, archives and libraries. Video-8 now also incorporates Silver Trak Digital and TVD Broadcast.
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