Market Overview

Magenta Telekom Implements Whip Media Group's Content Management Platform to Grow Its Magenta TV Business Across Austria

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LONDON, Oct. 28, 2020 /PRNewswire-PRWeb/ -- Whip Media Group, announced that Magenta Telekom, a Deutsche Telekom subsidiary in Austria, has completed the implementation of Whip Media's Content Value Management (CVM) platform to manage its video on demand (VOD) business. Magenta Telekom is a leading provider of internet and mobile communications, entertainment and business solutions in Austria with 2,500 employees and a generated revenue of 1.28 billion Euro in 2019.

Whip Media helps Magenta Telekom automate their VOD platform to more effectively capitalize on content contracts, control VOD royalties, streamline asset order and offer management as well as empower their content ecosystem and supply chain management.

"The rapid growth of VOD content has required that we adopt new systems to scale and efficiently handle an increased volume of deals, along with calculations and payments to programmers," said Christian Jaros, Vice President Entertainment of Magenta Telekom. "Working with Whip Media, we are now able to better streamline and automate content operations to improve efficiencies and mitigate risks by reducing manual processes."

"Our CVM platform helps Magenta Telekom to drive innovation in their business including greater accountability, flexibility and scalability to maximise revenues," said Paul Hastings, Senior Vice President of Sales EMEA, Whip Media Group. "We're thrilled to partner with Magenta Telekom as they continue to expand their VOD business and to bring more content and the right mix of offers to its customers."

About Whip Media Group
Whip Media Group powers a market-leading enterprise platform that provides a broad range of integrated services, enhanced by unique analytics, that enables the world's leading entertainment organisations to more efficiently manage, distribute and monetise their digital content. Together, our companies, including Mediamorph, TV Time and TheTVDB, track billions of consumer actions and financial transactions that accelerate innovation for buyers and sellers of content. Whip Media Group has offices in Los Angeles, New York City, London, Amsterdam, and Paris. For more information, visit whipmedia.com

 

SOURCE Whip Media Group

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