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AMDOCS MANAGEMENT LIMITED Amdocs’ Vubiquity Technology and Services Support A+E Networks(R) as it Expands Video-On-Demand Entertainment Across Streaming Services and Pay TV Providers

Transparency directive : regulatory news

05/12/2023 14:00

Through this collaboration, Vubiquity's media supply chain services and MetaVu technology platform will be used to streamline A+E Networks' content for their portfolio of brands including A&E®, Lifetime®, The History Channel®, LMN®, and FYI®

JERSEY CITY, NJ / ACCESSWIRE / December 5, 2023 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies today announced that Amdocs' Vubiquity has been chosen by A+E Networks®, a global media content company with a portfolio of prestigious brands, to manage their VOD Transport & Content Distribution Services. This collaboration is set to expand the availability of A+E Networks' content, opening new monetization opportunities for Subscription Video on Demand (SVOD) and Ad-Supported Video on Demand (AVOD).

Through its MetaVu technology platform and media supply chain services, Vubiquity will manage A+E Networks' content, overseeing the distribution across various Video on Demand (VOD) platforms, including streaming outlets and pay-TV providers. This encompasses channels such as A&E®, Lifetime®, The History Channel®, LMN®, and FYI®. The scope of responsibilities extends beyond just distribution, encompassing compliance, and efficient supply chain management.

Jason Rose, Vice President of Global Content Distribution Services, A+E Networks , said: "A+E Networks brings a wealth of content to consumers across our various entertainment brands, and by working with Amdocs' Vubiquity, we can ensure more consumers than ever see it on demand, while also controlling our costs and efficiencies. We're pleased to be able to expand the reach of our content through this collaboration."

Anthony Goonetilleke, Group President of Technology and Head of Strategy, said: "We're pleased to be working with A+E Networks, a trend-setting, multiplatform, global media organization, serving millions of viewers across diverse geographies, languages, and devices, as they expand the reach of their content. As the streaming and VOD landscape evolves, we'll continue to collaborate with A+E to bring their highly popular, entertaining and engaging content to more screens than ever, unlocking new monetization opportunities while delivering at scale."

Supporting Resources

About Amdocs

Amdocs helps those who build the future to make it amazing. With our market-leading portfolio of software products and services, we unlock our customers' innovative potential, empowering them to provide next-generation communication and media experiences for both the individual end user and enterprise customers. Our approximately 30,000 employees around the globe are here to accelerate service providers' migration to the cloud, enable them to differentiate in the 5G era, and digitalize and automate their operations. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.89 billion in fiscal 2023. For more information, visit www.amdocs.com

Amdocs' Forward-Looking Statement

This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters and years. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general macro-economic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events or other global or regional events such as the recent attacks in Israel and evolving conflict and the COVID-19 pandemic, as well as the current inflationary environment, and the effects of these conditions on the company's customers' businesses and levels of business activity, including the effect of the current economic uncertainty and industry pressure on the spending decisions of the company's customers, Amdocs' ability to grow in the business markets that it serves, Amdocs' ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, our ability to successfully and effectively implement artificial intelligence and Generative AI in the company's offerings and operations and risks associated with operating businesses in the international market. Amdocs may elect to update these forward looking statements at some point in the future; however, Amdocs specifically disclaims any obligation to do so. These and other risks are discussed at greater length in Amdocs' filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2022 filed on December 13, 2022 and our Form 6-K furnished for the first quarter of fiscal 2023 on February 13, 2023, for the second quarter of fiscal 2023 on May 22, 2023, for the third quarter of fiscal 2023 on August 14, 2023, and for the fourth quarter of fiscal 2023 on November 7, 2023.

Media Contacts

Michael Zema
Amdocs Public Relations
E-mail: michael.zema@amdocs.com

Emily Holt
PAN Communications for Amdocs
Email: Amdocs@pancomm.com

SOURCE: Amdocs Management Limited



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