Vubiquity's content platform and catalog licensing will deliver a wide array of video-on-demand and transactional content to millions of consumers
JERSEY CITY, NJ / ACCESSWIRE / August 2, 2023 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Vubiquity, an Amdocs company, has been selected by Watch Brasil, a video-on-demand platform for service providers in Brazil, to bring compelling new digital content, including video-on-demand (VOD) and paid-video-on-demand (PVOD) to its customers.
Vubiquity holds relationships with hundreds of content creators and distributors around the globe, bringing the latest release content from major studios, leading independents, library classics and a host of genre-based categories to provide viewers with compelling content choices for Watch Brasil's offering. As part of the agreement, Vubiquity offers a full suite of content acquisition, curation, and content management services to support the platform.
Vubiquity's robust content platform delivers capabilities across the whole media supply chain, bringing to market video-on-demand, localization, mastering and distribution managed services using innovative and flexible technology solutions.
Ado Oliveira, Head of Content, Watch Brasil, said: "Our offering is laser-focused on giving operators and ISPs an amazing experience for their customers, providing in-demand content and a rich experience. We're pleased to work with Amdocs' Vubiquity to support our business goals, provide a wide array of options for our valued customers."
Anthony Goonetilleke, Group President of Technology and Head of Strategy, Amdocs, said: "In a dynamic entertainment market like Brazil, engaging content is essential to continued subscriber growth. We are excited that Watch Brasil will be able to leverage our latest content platform and services to bring a wide array of compelling, in-demand content to their customers."
Amdocs helps those who build the future to make it amazing. With our market-leading portfolio of software products and services, we unlock our customers' innovative potential, empowering them to provide next-generation communication and media experiences for both the individual end user and enterprise customers. Our approximately 30,000 employees around the globe are here to accelerate service providers' migration to the cloud, enable them to differentiate in the 5G era, and digitalize and automate their operations. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.58 billion in fiscal 2022. For more information, visit 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 and years. 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 macro-economic conditions, prevailing level of macroeconomic, business and operational uncertainty, including as a result of geopolitical events or other global or regional events such as the COVID-19 pandemic, as well as the current inflationary environment, and the effects of these conditions on the company's clients' businesses and levels of business activity, 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, 2022 filed on December 13, 2022 and our Form 6-K furnished for the first quarter of fiscal 2023 on February 13, 2023 and for the second quarter of fiscal 2023 on May 22, 2023.
Amdocs Public Relations
PAN Communications for Amdocs
SOURCE: Amdocs Management Limited
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