Mobile video innovator Yospace in MBO

Apr 3, 2009



min read

Yospace, the mobile video innovator formerly owned by Bauer Media, has today announced the completion of an MBO, transferring all people and business assets to a new entity, still known as Yospace.  The MBO was led by Tim Sewell and David Springall, CEO and CTO of the business respectively, who will now lead the innovative mobile video specialist as an independent business. Terms of the transaction were not revealed.Tim Sewell, CEO of Yospace, said: "The strength of our technology and product strategy has been endorsed by the investors backing this deal, which, given the current economic climate, is especially profound. We are very pleased with this outcome and firmly believe that the Yospace business and its very talented team of people have a great future as an independent business with more freedom and flexibility to expand the reach of our products and services.  I’d also like to thank Bauer Media for being so supportive throughout this process, and wish everyone there the very best for the future."

About Yospace

Yospace is the foremost provider of server-side ad insertion (SSAI) technology in the world today. Its solution allows live streams and on demand (VoD) content to be monetized for OTT in a way that is true to the seamless viewer experience of linear television, while opening up benefits of digital advertising such as one-to-one addressability and real-time measurement.

Yospace was the first to publicly demonstrate SSAI in a live stream, with ITV in 2012, and today services major broadcasters and network operators across the globe, including DIRECTV and FOX in the USA; Sky Media, ITV, BT Sport, Channel 4 and STV in the UK; Telia and TV4 in Sweden; Optus, Nine, and Seven West Media in Australia.

In early 2019 Yospace was 100% acquired by RTL Group.

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