ST. LOUIS - May 7, 2020 - Vubiquity, part of the Amdocs (NASDAQ:DOX) Media division, and a leading global provider of premium content services and media technology solutions, today announced it has completed the provisioning of premium entertainment content from all major Hollywood studios to StarHub’s transaction-based TV on demand (TVOD) service. As part of the engagement between the two companies, Vubiquity is providing StarHub with a wide array of content services, spanning content licensing, royalty reconciliation, processing, localization, marketing and delivery of TVOD movies.
StarHub, a leading quad-play operator in Singapore, delivers world-class communications, entertainment and digital solutions, including a wide range of international, Asian and sports content via IPTV at home or streaming on the go. Recently crowned the Best Pay-TV Operator in Singapore at the annual HWM+HardwareZone.com Tech Awards, StarHub delivers 20,000 hours of fresh content to its customers every month. With Vubiquity onboard, StarHub can now offer customers even more quality entertainment - from the latest titles from five major Hollywood studios to Vubiquity’s library of pay-per-view movies.
“We set out to deliver top-class entertainment at best value to our customers in our #HelloChange journey. There is a strong demand for quality programmes in the Singapore market, and we are always working towards meeting the demand and being the choice service provider,” said Yann Courqueux, Vice President of Home Product, StarHub. “With more people staying at home due to COVID-19, our partnership with Vubiquity is pertinent and also timely. While staying at home, our customers can now enjoy an elevated entertainment experience with thousands of premium movies, from major blockbusters to smaller independent films, as well as television series and digital-first network assets from more than 100 media brands.”
“We are pleased to partner with a leader like StarHub as they continue to innovate and provide their customers with new and compelling entertainment experiences. We are committed to continued technology innovation and development in support of StarHub and the Asia media and entertainment market,” said Darcy Antonellis, Division President of Amdocs Media. “The increasing consumer demand for media is driving service providers to re-imagine their offerings and we are committed to helping them deliver amazing experiences to their customers.”
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Amdocs is a leading software and services provider to communications and media companies of all sizes, accelerating the industry’s dynamic and continuous digital transformation. With a rich set of innovative solutions, long-term business relationships with 350 communications and media providers, and technology and distribution ties to 600 content creators, Amdocs delivers business improvements to drive growth. Amdocs and its 25,000 employees serve customers in over 85 countries. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.1 billion in fiscal 2019. For more information, visit Amdocs at 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. 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 economic conditions, 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, 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, the Company 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, 2019 filed on December 16, 2019.
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