Ascent Media Group acquires the London Playout Centre

The Ascent Media Group has completed the acquisition of the London Playout Centre (LPC) from FremantleMedia.
As a result of this transaction, LPC, located at 1 Stephen Street, London W1, will begin operating immediately as part of the Ascent Media Network Services division.
LPC is a leading provider of channel origination and transmission services in Europe, transmitting over 1,400 hours of television programming per day, across 50 channels, from a range of dedicated and multi-channel broadcast suites. The company provides a fully integrated broadcast solution with extensive edit, audio and graphics facilities to a broad range of clients including Discovery Networks, Flextech, Five, Universal, Cinenova and TV Travel Shop.
"LPC brings its world-class client list as well as unique skills and technology which will serve to further enhance Ascent Media's position as the leading global media services provider to the media and entertainment industry," said Ken Williams, President and Chief Executive Officer, Ascent Media Group. "The acquisition of LPC is an important component of our strategy to provide a fully integrated global distribution platform for international and regional customers alike."
(GB)