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Wednesday, Dec 6, 2023

Deluxe Acquires German Cloud Company

Post-production company Deluxe Entertainment Services Group Inc. is acquiring Mediapeers, a German cloud-software provider for the entertainment industry. The Berlin-based company will be folded into Deluxe Media, a Burbank business unit of Deluxe that provides services that allow digital files to be downloaded, stored and retrieved. Mediapeers offers broadcasters, independent producers and studios a platform for distributing digital content. And it allows for viewing and licensing content by broadcasters, and operators of mobile TV, video-on-demand and web TV stations. Deluxe will integrate Mediapeers products within its proprietary DL3 system that manages post-production services including closed captions, subtitles, foreign audio tracks, and content delivery. “For some time, Mediapeers has been a recognized segment leader and we are excited to integrate it into Deluxe’s array of media services,” said Rob Seidel, executive vice president and general manager of Deluxe Media, in a prepared statement. Terms of the deal, announced Thursday, were not disclosed. Deluxe Entertainment Services Group is a subsidiary of privately held MacAndrews & Forbes Holdings Inc., in New York.

Mark Madler
Mark Madler
Mark R. Madler covers aviation & aerospace, manufacturing, technology, automotive & transportation, media & entertainment and the Antelope Valley. He joined the company in February 2006. Madler previously worked as a reporter for the Burbank Leader. Before that, he was a reporter for the City News Bureau of Chicago and several daily newspapers in the suburban Chicago area. He has a bachelor’s of science degree in journalism from the University of Illinois, Urbana-Champaign.

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