AIM Signs Landmark 5-Year Deal with Central European Media Enterprises (CME)

iCap and LEXI roll out to CME’s six Central and Eastern European stations

LONDON, Dec. 04, 2024 (GLOBE NEWSWIRE) — AI-Media, a world chief in stay and recorded AI captioning and language know-how, is delighted to announce a strategic 5-year settlement with Central European Media Enterprises (CME), its first main Central and Eastern European broadcast buyer win.

AI-Media will ship stay captioning providers by way of its state-of-the-art LEXI solution, powered by its SDI encoder community, throughout CME’s six flagship tv stations positioned in Croatia, Slovenia, Bulgaria, Romania, Czechia, and Slovakia.

Under this multi-year settlement AI-Media will present AI-generated, stay captions for every station, catering to CME’s purpose of advancing accessibility and assembly its Environmental, Social, and Governance (ESG) targets.

“This partnership with CME is an exciting milestone, representing our first major broadcaster in Eastern Europe and results in millions of CME viewers receiving increased access to content via our LEXI captioning solution in six distinct languages,” mentioned John Peck, Vice President of International Sales at AI-Media. “CME’s commitment to accessibility is aligned with AI-Media’s vision, and we’re proud to support their goals with our industry-leading captioning technology. We look forward to supporting CME as they drive accessibility across Central and Eastern Europe.”

CME’s determination to implement stay closed captioning is motivated by each strategic and legislative priorities. By adopting stay captioning, CME is setting a brand new normal for accessibility in areas with restricted entry to human captioning assets. The initiative is a part of CME’s broader dedication to extra equitable society, aiming to reinforce inclusivity and attain a wider viewers for its programming.

“Our research indicates that over 10% of viewers in our markets have some form of hearing difficulty. By addressing the needs of people with impairments, CME ensures equal access to information and entertainment for all, regardless of ability,” explains Hana de Goeij, CME Head of Social Purpose and Sustainability.

With the pliability to scale throughout extra content material in CME’s portfolio, AI-Media’s future-proofed merchandise empower CME to develop its accessibility choices over time. Together, AI-Media and CME are setting a brand new benchmark for inclusivity in broadcasting, making an enduring influence on thousands and thousands of viewers throughout the area.

For extra details about AI-Media’s LEXI captioning options, go to www.ai-media.tv.

About AI-Media
Founded in Australia in 2003, AI-Media is a pioneering know-how firm specialising in AI language and captioning workflow options.

As a world chief, AI-Media supplies high-quality AI-powered stay and recorded captioning and translation know-how and options to a various vary of shoppers and markets worldwide.

For the primary time in February 2024, AI-Media unveiled groundbreaking information showcasing the prevalence of its AI captioning product, LEXI, over conventional costlier human workflows.

With deep business expertise and complex AI know-how to create options which streamline and simplify processes, AI-Media empowers main broadcasters, enterprises and authorities companies globally to make sure seamless accessibility and inclusivity of their content material.

AI-Media (ASX: AIM) commenced buying and selling on the ASX on 15 September 2020.

For extra details about AI-Media’s options, go to www.ai-media.tv.

About Central European Media Enterprise (CME)

CME operates tv stations in Bulgaria, Croatia, the Czech Republic, Romania and Moldova, Slovakia and Slovenia, and is among the main media and leisure firms in Central and Eastern Europe. CME broadcasts 46 tv channels, each free-to-air and paid, and reaches a complete of 49 million viewers. CME additionally owns the SVOD platform VOYO.

For extra details about CME go to the website

A photograph accompanying this announcement is offered at https://www.globenewswire.com/NewsRoom/AttachmentNg/98258ea6-4b0b-44dd-90ea-4fc9c2da7726

Media Contact:
Fiona Habben
Head of Global Marketing
Fiona.habben@ai-media.television

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