Zeitbyte Digital Media Acquires Destination Video
Destination Video’s video production and high-volume digital asset management capabilities complement Zeitbyte’s suite of online video services
New York, NY (PRWEB) June 02, 2011 — Zeitbyte Digital Media (http://www.zeitbyte.com), a leading provider of video production and webcasting services, announced today the completion of its acquisition of boutique video production specialty firm Destination Video Inc. (http://www.videodestination.com). With more than eight years in business, Destination Video serviced thousands of clients as one of New York City’s leading post-production and duplication facilities. Financial terms of the deal were not disclosed.
Destination Video built its reputation on technical video production expertise and an emphasis on high-quality, personal service. Its high-volume digital asset management capabilities enabled the archiving, or transferring, of virtually any legacy media format to video, which will complement Zeitbyte’s suite of services. In addition to video production and live webcast solutions, Zeitbyte specializes in encoding video, hosting/streaming video, and building customized video players.
Zeitbyte has also retained Destination Video’s team of video experts, including former president Ryan Johnston, who becomes Zeitbyte’s director of video production. “Having been familiar for quite some time with Zeitbyte and their innovative work in the digital video space, I’m extremely pleased to be part of what they’re doing,” said Johnston. “While I’m proud of the work my team and I did for Destination Video and feel that we can really enhance Zeitbyte’s video encoding capabilities, it’s also pretty exciting to get involved with their impressive live webcasting technology.”
“We are thrilled to add Destination Video’s equipment, services, and talent to Zeitbyte. Ryan has built a great business, and we welcome all of his clients,” said Gary Kahn, Zeitbyte’s president. “We hope that our focus on Internet media can help add a new dimension to his digitization and duplication services — we’re essentially building on their archiving of legacy formats and now putting it all online. Ryan has some unique technology to digitize 8mm and 16mm film, and we are very excited to bring this to the Web.”
“Zeitbyte started by offering encoding services, so we are pleased to expand our capabilities in this area,” said Kevin Brail, Zeitbyte’s chief operating officer. “The acquisition of Destination Video allows us to convert a greater variety of traditional media to digital formats for our clients. Ryan’s team of seasoned video professionals are a great addition to our live webcasting and video production offerings as well.”
About Zeitbyte Digital Media
Since 2006, Zeitbyte Digital Media (http://www.zeitbyte.com) has been paving the way for emerging online video technologies, including live event webcasting, video production services, customized video players, media encoding, and media management/streaming. With a filmmaker’s eye for quality, the latest in technological know-how, and a focus on providing expert guidance and superb customer service, Zeitbyte offers a full range of cost-effective video solutions for making clients’ digital media projects and campaigns a spectacular success. Some of Zeitbyte’s clients include Con Edison, Scholastic, The Associated Press, Kenneth Cole, Universal Music Group, Ogilvy PR, UBS, Neiman Marcus, and Michael Kors.