Filmbankmedia Chooses SeaChange Rave to Build Premium Film/TV Cloud Business Internationally

ACTON, Mass., Sept. 06, 2016 -- IBC 2016 – Hall 1, Stand F70 -- Filmbankmedia, the leading international non-theatrical distributor for Film and TV, has selected SeaChange International Inc.’s (Nasdaq:SEAC) Rave platform to launch streaming services for schools, hotels and hospitals with large, built-in audiences across 120 territories internationally.  Leveraging SeaChange for fully managed, cloud hosted services, Filmbankmedia’s streaming offering will deliver premium Film and TV from leading Hollywood, Bollywood and independent studios for on-demand enjoyment on IP connected devices. 

Rave enables Filmbankmedia to run a SaaS (Software as a Service) model business, which means that its business-to-business customers can rapidly turn on streaming services without any infrastructure to own or manage.

“This is a major step as we can now directly offer our customers a streaming service via the SeaChange Rave platform,” said Filmbankmedia Sales Director Simon Culm.  “The ability to provide our customers with a scalable, managed end-to-end streaming service without any technology or infrastructure investment gives us much greater flexibility over the distribution of our content, cost effectively with a SaaS model approach.”

Ivonne Prugnaud, SeaChange Vice President of OTT Sales EMEA, added, “We are delighted to be a major partner for Filmbankmedia who represents many of the leading Hollywood and independent studios non-theatrically.  This is a fantastic showcase for the capabilities of Rave and its ability to serve diverse vertical market segments for online distribution.”

About Filmbankmedia
Filmbankmedia is the trading name of Filmbank Distributors Limited, a joint venture company owned by Warner Bros. Entertainment, Sony Pictures Releasing and NT Digital Partners. It was established in 1986 to handle non-theatrical distribution (public screenings outside of traditional cinema and home viewing) on behalf of a number of studios and distributors in the UK. Filmbankmedia represents many of the leading Hollywood, Bollywood and independent studios and distributors in over 100 countries internationally outside North America, delivering content to diverse sectors in Transport, Hospitality, Maritime, Healthcare and Government, enabling them in turn to give their passengers, guests, visitors and staff an exciting entertainment service.

About SeaChange International
Enabling our customers to deliver billions of premium video streams across a matrix of Pay TV and OTT platforms, SeaChange (Nasdaq:SEAC) empowers service providers, broadcasters, content owners and brand advertisers to entertain audiences, engage consumers and expand business opportunities.  As a three-time Emmy award-winning organization with 23 years of experience, we give media businesses the content management, delivery and monetization capabilities they need to craft an individualized branded experience for every viewer that sets the pace for quality and value worldwide. For more information, please visit www.schange.com. 

SeaChange Rave includes a full suite of services from content ingest and preparation, promotions management, revenue enhancement and asset protection to delivery and reporting. It operates in an open environment building on proven SeaChange technologies for video content management, back office, advertising and customer experience.

Go to http://info.schange.com/ibc-2016-book-mtg-form-0 to book a meeting with SeaChange at IBC 2016 (Amsterdam, Sept. 9-13).

Press
Jim Sheehan
SeaChange
1-978-897-0100 x3064
[email protected]

Investors
Monica Gould
The Blueshirt Group
1-212-871-3927
[email protected]