ST. LOUIS, Sept. 22, 2020 (GLOBE NEWSWIRE) -- Vubiquity, part of the Amdocs (NASDAQ: DOX) Media Division and one of the leading global providers of premium content services and media technology solutions, today announced a long-term content services partnership with the Liberty Global group and its affiliates across Europe. The multi-year contract includes the expansion of the existing, long-standing relationship Virgin Media maintains with Vubiquity. Vubiquity will be providing content licensing and digital supply chain solutions to support Liberty Global’s consumer video and TV platforms and Virgin Media’s on-demand services across cable, broadband and TV.
Vubiquity holds relationships with over 1,400 content owners, bringing the latest-release content from major studios, plus leading global independent and library classics to supplement Liberty Global’s expansive collection of entertainment assets. In addition, Vubiquity will continue to provide high KPI-driven acquisition, content management and processing services which include responsibility for all local regulatory content standards and practices applicable for a specific market.
With a streamlined and harmonized digital supply chain for all video and TV platforms, Liberty Global’s consumers will gain an enhanced and more personalized viewing experience. The new agreement comes after the recently announced pan-European deal between Amdocs and Liberty Global to enrich its customer experience with Unified Digital Identity for all the operator’s services.
Chris Van Der Linden, Director of CPE & Products operations at Liberty Global, said: “At Liberty Global, we aim to provide our customers with the best content library, and create a great, personalized, direct-to-consumer experience. Having had a long-standing relationship with Vubiquity and Amdocs more generally, we look forward to working together closely with the company to provide leading experiences and inspiring content to our customers across Europe.”
Darcy Antonellis, Head of Amdocs Media, said, “We are proud to extend our long-standing relationship with Virgin Media and to become a trusted solutions and services provider to Liberty Global. As they continue to innovate and provide their customers with compelling, new entertainment options, we are enthusiastic to partner to deliver a best-in-class experience to Liberty Global’s customers.”
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Amdocs’ purpose is to enrich lives and progress society, using creativity and technology to build a better connected world. Amdocs and its 25,000 employees partner with the leading players in the communications and media industry, enabling next-generation experiences in 85 countries. Our cloud-native, open and dynamic portfolio of digital solutions, platforms and services brings greater choice, faster time to market and flexibility, to better meet the evolving needs of our customers as they drive growth, transform and take their business to the cloud. 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, the duration and severity of the COVID-19 pandemic, and its impact on the global economy, 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, Amdocs 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 and our quarterly Form 6-K furnished for the first quarter of fiscal 2020 on February 18, 2020 the second quarter of fiscal 2020 on May 18, 2020 and the third quarter of fiscal 2020 on August 17, 2020.
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