|Industry||Digital media services to the broadcast industry|
|Headquarters||Airport City Business Park, Hanegev Street, 70100, Israel|
|Avi Cohen, Chief Executive Officer
Dr. Shlomo Shamir, Chairman of the Board
Shmulik Koren, Chief Financial Officer
|Revenue||US$ 131.2 million (2014)|
|US$ 8.2 million (2014)|
|US$ 6.1 million (2014)|
RR Media is a NASDAQ listed provider of global digital media services to the broadcast industry and content owners. Its services can be divided into four main groups: global content distribution network (satellite, fiber and the internet); content management & playout; sports, news & live events; and online video services.
The company was rebranded to RR Media from RRsat in September 2014.
- 1 Distribution Services
- 2 End-to-end digital content preparation and Playout Services
- 3 Sports, News and Special Events
- 4 History
- 5 Investment Thesis
- 6 Growing Addressable Market
- 7 Digital Platforms
- 8 References
- 9 External links
This involves the basic transport of television stations including the uplink (transmitting the video), downlink (receiving the video) and basic turnaround (receive and transmit). The company provides distribution services via satellites or terrestrial fiber optic.
End-to-end digital content preparation and Playout Services
A portion of the television channels that the company distributes also have the company store the content, create the playlists and edit the content to create the television channel feeds. Valued-added services may include insert advertisements, audio dubbing, insertion of subtitles, and encryption.
Sports, News and Special Events
The company operates a fleet of satellite broadcast vans, providing mobile uplink systems throughout the Middle East. The Company also uses “Flyaway Systems”, freestanding satellite uplink systems that can be transported to an area of urgent news reporting.
RRsat was founded in 1981 by David Rivel, an electronic, computers and communications engineer with over 30 years of experience in radio frequency communications, antennas, video, television and satellite communication. He is responsible for the development and implementation of RRsat strategy, business development and the overall management of company. He holds an M.Sc. degree in Electrical Engineering from the Technion - Israel Institute of Technology, Be'er Sheva Campus, and is a member of the Institute of Electrical and Electronics Engineers (IEEE), World Teleport Association and Society of Satellite Professionals Association. RRsat has two strategic partners: the Intergama Investment Group, and the Kardan Group. Both are major public holding companies, traded on the TASE.
Around 90% of RRsat’s revenues come from long-term contracts, and its revenue backlog, currently at over $100 million, provides excellent visibility.[clarification needed] In addition, RRsat uses long term leases for satellite and fiber optic transmission capacity.
Digital technology trends, such as the digitization of content, the introduction of high definition television (HDTV) and Internet protocol television (IPTV), as well as the ongoing shift to digital transmission, have led to a rapid growth in the number of targetable, customizable broadcast channels.
Growing Addressable Market
According to a 2005 report by the World Teleport Association, in 2003 the teleport sector generated revenues of approximately $13 billion per year and was a critical component of the global satellite communications industry, producing over 23% of world satellite services revenue.
RRsat uses Teleports, Flyaway and Transportable Uplink and Downlink systems with dishes for C-Band, Ku band and Ka-Band (2.4m to 12m). Using more than 30 advanced digital MCPC platforms RRSat enables direct to home (DTH) coverage.