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ITNews-ITCloud service provider Mediacloud gets acquired by Telstra

Cloud service provider Mediacloud gets acquired by Telstra

Perth-based cloud service and web hosting services provider Mediacloud has been acquired by Australian telecom giant Telstra. Through this deal, Telstra Broadcast Service (Telstra’s broadcasting arm), will get access to cloud-based, software defined capabilities. The telecommunications giant will also get various media cloud delivery experts, in addition to a UK-based Master Control Room. 

As part of the deal, SBS, an Australian free-to-air TV channel, also gets a renewal contract for Mediacloud services for 7 years and will be a customer of TBS through this duration.

TBS exec on the deal with Mediacloud

Andreas Eriksson, Head of Telstra Broadcast Services, said that the addition of the platform of Mediacloud will give broadcasters incredible flexibility to manage their content offerings in a virtual environment. Eriksson added that the global media industry is growing and expanding to software-defined, cloud-enabled capabilities. 

Adding these capabilities to TBS’s existing international fibre and satellite network sets them apart to meet the growing needs of the broadcast market and expand its value proposition to its global client base by offering a work-class broadcast operation centre in London, he adds.

“The new capabilities will help broadcasters deploy new services and channels to respond to special events, programming opportunities and new markets in these changing times.”

SEE ALSO: PricewaterhouseCoopers Australia appoints new Chief Digital Information Officer

Telstra on Mediacloud’s acquisition

Telecom giant Telstra said that the new capabilities will allow TBS to offer new services like managed streaming, media management, internet delivery and content orchestration and playout services. 

Commenting on the contract renewal, Darren Farnham (SBS acting Chief Technology Officer)  said that the company is pleased to have extended its agreement for MediaCloud services with the support of Telstra and to continue delivering the unique content of SBS to audiences on their device of choice.

According to an Insolvency News Online report in April, the telco had been eyeing Mediacloud for some time as its parent company cut off funding. Founded in the year 2020, Mediacloud is a holding company on behalf of UK-based Deluxe Broadcast Services Ltd and SBS is its major client. After careful restructuring and winding up of Deluxe, Mediacloud’s funding was cut off and the company called in administrators in November 2020.

SEE ALSO: Bevan Slattery-founded Superloop strikes a deal to acquire Exetel

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Riddhi Jain
Riddhi Jain
Riddhi Jain is a technology content writer. She is based in India and has been working as a content writer since 2018. Riddhi has been writing content in the tech domain since May 2020 and can’t get enough of it. Riddhi has pursued most of her education from her hometown, Indore. She has graduated as a Bachelor of Business Administration and discovered her love for writing blogs while pursuing an internship during college. Once she discovered her love for writing, she went on to improve this skill set (and hasn’t stopped since).
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