ZOO Digital’s global growth strategy

Regional hubs will strengthen ZOO’s global support to major content creators and streaming services

ZOO Digital Group plc (AIM: ZOO), the leading provider of end-to-end cloud-based localisation and media services to the global entertainment industry, today gives more detail on its global growth strategy to scale its operations by establishing regional hubs in key international locations.

Accelerated growth in international distribution of regional content, alongside the launch of new global direct-to-consumer platforms, continues to generate strong demand and opportunity for ZOO’s globalisation and media services. In order to align with its clients’ current and future objectives in fast-growing territories, the Company is finalising investments to expand its geographic footprint in key content sourcing and distribution locations, namely Turkey, Korea, Thailand, India, Japan and Malaysia.

ZOO is one of just a few global vendors with the proven capability to deliver complete end-to-end services to ready content for audiences in all languages and formats, owing to its cloud-based technology ecosystem and collaborative network of independent dubbing studios, vendor partners and freelance actors and translators. The regional investments will further strengthen the Company’s offering by simplifying access to new territories, thereby helping clients to overcome the challenges of localising and fulfilling huge volumes of original and catalogue content, as well as supporting the increasing need to prepare locally acquired TV shows and movies for streaming services around the world. The new hubs are also expected to support the business development team by providing wider international coverage and access to new markets.

The expanded ZOO Digital Group will continue to consist of long-established businesses that have been affiliate partners to ZOO for several years. These companies, which include media services providers and localisation vendors, already have extensive experience working in the proprietary cloud-based technology used by ZOO throughout its global ecosystem of partners and freelancers. The all-encompassing approach supports unrestricted creativity while enforcing high standards of production quality, workflow efficiency and content security across the entire global group.

Stuart Green, CEO of ZOO Digital, said:

“Southeast Asia, the Middle East and India are all experiencing rapid growth as content centres for an increasingly global audience. Our expansion in these regions will add scale to ZOO’s operations, further diversify our revenues and provide access to new talent pools in lower cost economies. For our clients, it will enable us to deliver even higher levels of creativity, quality and security in some of the fastest-growing and most important regions for media companies. By aligning our business with their growth ambitions in these territories, we are well positioned to support our clients’ content requirements and capitalise on new market opportunities.”

The Company will make further announcements regarding its investments as deals are completed.

In the TV interview below CEO Stuart Green provides an overview of the 12 months to 31 March 2021 and an outlook for the group