Welcome to our latest edition of the quarterly investor newsletter from ZOO Digital, featuring trade announcements, ZOO news and relevant industry developments.
With several major media companies recently announcing their intention to launch OTT services, our market opportunity is continuing to expand significantly and with it a growing need for the premium services offered by ZOO.
In January we released a trading update in which we explained that we anticipate continued year-over-year growth to March 2019. Despite issues outside the control of the company resulting in a short term impact to H2 2019 guidance, the Board continues to be enthusiastic about the Group’s performance over the medium to long term.
We are enjoying a growth in orders from our largest clients and expect to add significant new accounts during the remainder of the second half.
We welcome New York City-based institutional investor OppenheimerFunds to our share register with a current holding of 18.9% of issued share capital.
The ZOO management team will be attending an investor event, Mello 2019 on 16th May in Chiswick, London. We invite you to come and hear about our latest developments.
'With several major media companies recently announcing their intention to launch OTT services, there is no doubt that the market will continue to expand.'
ZOO Digital provides services allowing TV and movie content to be subtitled and dubbed in any language and prepared for sale with all major online platforms such as Amazon, iTunes, Google and Hulu. This allows ZOO's clients to leverage their original content to reach audiences worldwide.
ZOO IR Team
ZOO Digital Group plc, 2201 Park Place, Suite 100, El Segundo, California 90245, United States
