TORONTO – Canadian digital media distribution company Yangaroo said that it has reached a “major milestone” after delivering over 2000 music videos on its proprietary digital media distribution system since launching the service a year ago.
The system, known as DMDS, is now used by all four major record label groups and the growing independent community to deliver SD and HD quality music videos digitally to broadcast destinations such as MTV, VH1, BET, CMT, MuchMusic, MusiquePlus, MTV Canada, Aux TV and CMT Canada, plus over 150 additional regional and on-line destinations.
"Hitting the milestone of over 2000 music videos is a significant achievement for the DMDS technology and sales teams," said CEO Scott Wambolt, in Wednesday’s announcement. "It clearly represents a culture change within the industry and establishes the fact that Yangaroo and our DMDS service is once again leading the way to a more efficient and effective digital workflow, and this was clearly reflected in our just released first quarter financials where our revenues were up 49%. We have the potential to continue and accelerate this growth rate as more content owners and broadcasters adopt DMDS and go with a digital workflow."
The patented DMDS is a secure B2B digital delivery solution for the music and advertising industries. It replaces the physical distribution of audio and video content for music, music videos, and advertising to television, radio, media, retailers, and other authorized recipients with more accountable, effective, and less costly digital delivery of broadcast quality media via the Internet.
