New York, NY (PRWEB) May 11, 2016
Mediamorph announced today that leading telecom and media company Millicom, with over 62 million customers in Latin America and Africa, has selected Mediamorph to support and accelerate growth. Millicom’s Tigo Star brand delivers satellite Direct to Home (DTH) pay TV, residential cable, and other TV broadband services.
Rapid expansion of content sources and an ever-changing media landscape has increased the challenge of managing contracts and making payments to channel providers. Millicom will utilize Mediamorph’s Linear Deals and Supplier Payments modules to get better insight into costs and save money.
“With our rapid expansion across our eight Latin American markets, we needed a flexible solution that allows us to better manage our linear channel deals. Spreadsheets weren’t cutting it,” said Luciano Marino, VP Cable at Millicom. “Mediamorph’s platform is part of our scalable growth, so that we can continue to provide the best cable TV content and enable our customers to connect to the digital lifestyle.
Mediamorph’s cutting edge Deals module delivers the flexibility to manage today’s complex linear and VOD contracts out-of-the-box. It provides the adaptability to future-proof the management of content contracts. Mediamorph’s Deals module simplifies the capture and review of relevant contract terms, and helps plan for upcoming negotiations, without the need for IT assistance or a paralegal. Supplier Payments module streamlines fee calculation and statement generation, increasing accuracy and reducing processing timeframes.
“We are excited to be working with Millicom in Latin America, a market with tremendous Pay TV growth potential,” said Rob Gardos, CEO of Mediamorph. “Mediamorph is focused on enabling customers to scale more quickly, drive more revenue, and thrive in a TV landscape that is evolving quickly.”
Tabitha Aldrich-Smith, Interim Communications Director
Tel: +352 277 59084 (Luxembourg) / +44 7971 919 610 / press(at)millicom(dot)com
Millicom is a leading telecom and media company dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing innovative and customer-centric digital lifestyle services to the world’s emerging markets. The Millicom Group employs more than 16,000 people and provides mobile services to over 62 million customers. Founded in 1990, Millicom International Cellular SA is headquartered in Luxembourg and listed on NASDAQ OMX Stockholm under the symbol MIC. In 2015, Millicom generated revenue of USD 6.73 billion and Adjusted EBITDA of USD 2.27 billion.
Tigo is the principle commercial brand of Millicom. Tigo operates where there is fast GDP growth, a high proportion of young people and huge opportunities for the adoption of what we call the digital lifestyle. Tigo’s eight Latin American markets account for 90% of Millicom’s revenues. These are Colombia, Paraguay, Bolivia, El Salvador, Nicaragua, Guatemala, Costa Rica and Honduras.
Worldwide, the Tigo brand provides mobile services to more than 62 million customers, passes over seven million homes in cable, and is a global leader in mobile financial services which enable financial inclusion for more than ten million active users.
Mediamorph’s award-winning platform and data management services help studios, networks, and operators manage contracts, rights, and title avails, track content performance, and calculate royalties. We help leading Media & Entertainment companies prosper in a rapidly changing environment. All major Hollywood studios, leading television networks and the largest video service operators rely on the Mediamorph suite of cloud-based products.
For more information visit http://www.mediamorph.com
VP of Marketing