RR Media Acquisition and Company Operations Explained

RR Media was acquired by Rovi Corporation in 2014, marking a significant milestone in the company's history.

The acquisition was completed in January 2014, and Rovi Corporation began to integrate RR Media's assets into its own operations.

RR Media's services and products were designed to help content owners and distributors manage and deliver their content to various platforms and devices.

This included services such as content preparation and delivery, as well as product offerings like the RR Media MediaGrid platform.

The MediaGrid platform allowed content providers to manage and deliver their content to multiple platforms and devices, including TV, web, and mobile.

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SES plans to expand its media services by acquiring RR Media, a provider of media services to the broadcast and media industries.

The acquisition will merge the operations of RR Media with SES's Platform Services group SES PS to create a larger global media solution provider.

RR Media's contract backlog as of September 30, 2015 was $262 million, significantly lower than SES PS's contract backlog of over $328 million.

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SES will pay $13.291 per share for 100% of RR Media's shares, equating to an Enterprise Value of USD $242 million.

The transaction is expected to close in Q2 or Q3 2016, pending regulatory approvals and approval from RR Media's shareholders.

The combined company will have the capability to deliver innovative solutions to top tier clients, emerging markets, and global customers.

RR Media operates in over 50 countries, providing a global reach for its services.

The company's network spans across the globe, with a presence in key markets such as the US, Europe, and Asia.

RR Media's operations are supported by a team of experts who have a deep understanding of the media and broadcasting industry.

The company's services are designed to meet the needs of content owners and distributors, who require efficient and reliable delivery of their content.

RR Media's network is built on a combination of fiber, satellite, and IP connectivity, allowing for seamless content delivery.

The company's services include content preparation, delivery, and monetization, making it a one-stop-shop for media companies.

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ESG stands for Environmental, Social, and Governance, and it's a set of criteria used to evaluate a company's sustainability and responsibility.

RR Media has a strong commitment to ESG, with a focus on reducing its carbon footprint and promoting sustainable practices throughout its operations. This commitment is evident in its efforts to reduce energy consumption and increase the use of renewable energy sources.

The company's ESG strategy is guided by its goal of creating long-term value for its stakeholders, including shareholders, employees, and customers. By prioritizing sustainability and responsibility, RR Media aims to minimize its impact on the environment and promote positive social outcomes.

RR Media's ESG efforts have been recognized through various awards and certifications, including the prestigious ISO 14001 certification for its environmental management system. This certification demonstrates the company's commitment to continuous improvement and its ability to manage its environmental impacts effectively.

By integrating ESG considerations into its business practices, RR Media has been able to reduce its environmental impacts and improve its social and governance performance. This approach has also helped the company to build trust with its stakeholders and enhance its reputation as a responsible business leader.

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