Postponement of Final Results

RNS Number : 4392R

Zoo Digital Group PLC

06 July 2022

 

6 July 2022

ZOO DIGITAL GROUP PLC

("ZOO", the "Group" or the "Company")

Postponement of Final Results

ZOO Digital Group plc (AIM: ZOO), the leading provider of end-to-end, cloud-based localisation and media services to the global entertainment industry, announces that the Company's auditors have been unable to meet the pre-agreed timetable for the approval of the results on 6 July 2022. The Company has been informed by its auditors that it should be in a position to sign its results for the year ended 31 March 2022 shortly.  

As a result, the private investor event scheduled for today will be rescheduled for next week.

For further information:

ZOO Digital Group plc	[phone]
Stuart Green
Phillip Blundell
Stifel	[phone]
Fred Walsh / Tom Marsh
Instinctif Partners	[phone]
Matthew Smallwood / Joe Quinlan	[e-mail]

About ZOO Digital Group plc:

ZOO Digital supports major Hollywood studios and streaming services to globalise their content and reach audiences everywhere, by providing world-leading, technology-enabled localisation and media services.

Founded in 2001, ZOO Digital operates from hubs in Los Angeles, London, Dubai, Turkey, South Korea, India and Denmark with a development and production centre in Sheffield, UK. The company is targeting $100m sales in the medium term.

The Group provides media services through its platforms that include: ZOOsubs, ZOOdubs, ZOOstudio. Its full-service proposition delivers the end-to-end services required to prepare both original and catalogue content for digital distribution; these services include dubbing, subtitling & captioning, metadata creation & localisation, artwork localisation and media processing. Alongside this offering, ZOO also provides its customers with management platforms and strategic solutions to support their own internal globalisation operations.

ZOO is a go-to service partner for media businesses looking to globalise their content across different territories, languages and distribution platforms. Using its innovative technology-enabled approach, ZOO helps its customers to reduce time to market, lower costs and deliver high quality products to their global audiences. The business has frameworks in place with all major Hollywood studios and streaming services. Its customers include Disney, NBCUniversal, HBO and ViacomCBS.

ZOO's competitive advantage arises from three interlinking factors - the leading role it has played in the digital transformation of its sector; the world class proprietary platforms that it develops to enable this transformation; and the global supply chain of thousands of freelancers, working collaboratively in ZOO's platforms, which delivers services that scale easily to meet demand. These factors combine to make ZOO uniquely geared to capitalise on new market opportunities in a fast-paced and constantly evolving industry.

 

END

 

 

NORDDGDRUSGDGDU