September 12, 2019
Two of the world’s biggest localization providers are merging: London-based BTI Studios and Singapore-based Iyuno Media Group announced Thursday that they are joining forces to better address the needs of an entertainment industry increasingly looking to stream their programming to consumers around the globe.
and will be headquartered in London. Former BTI Studios CEO Shaun Gregory will be heading the company as its chief executive, while IYUNO Media Group founder and former CEO David Lee will step into the executive chairman role.
The new company, which claims to be the world’s biggest provider of localization services, will be backed by Shamrock Capital, Altor and SoftBank Ventures Asia; financial details of the transaction weren’t disclosed.