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      Home News Mergers/Acquisitions

      STN to merge with iKO Media Group

      Staff Reporter by Staff Reporter
      September 17, 2023
      in Mergers/Acquisitions, News
      Sony Pictures Television signs deal with Turkey’s Sinema TV
      ShareTweetPostEmail

      This merger will expand the range of services available to both companies' clients by combining iKOMG's tailored media solutions with STN's advanced satellite teleport capabilities.

      STN STORITVE (STN), a content distribution provider, and iKO Media Group (iKOMG), a media service partner known for its tailored solutions for broadcasters and content owners, have announced their merger, operating under the banner “Strength in Fusion, Excellence in Broadcasting Solutions.”

      The merger combines iKOMG’s media solutions with STN’s advanced satellite teleport capabilities, expanding the array of services available to their clientele. This union paves the way for an extended suite of solutions, encompassing satellite broadcasting, cloud services, playout management, disaster recovery, OTT platforms, Fiber and IP delivery, sports and events coverage, as well as contemporary solutions for channel monitoring, social media streaming, and monetisation.

      Commenting on the deal, Shmulik Koren and Shlomi Izkovitz, Co-Founders and Co-Owners of iKOMG, said: “We assure our existing customers that the exceptional service you have come to rely on will not only continue but be enhanced. We value their trust and look forward to extending the same commitment to new customers. This merger enables us to personally tailor solutions that best suit networks and content owners’ evolving needs while maintaining the highest standards of professionalism.”

      Mitja Lovsin, Co-founder of STN and Co-Owner of iKOMG, added: “Following several years of successful and close collaboration between both companies, this merger was the next logical and key step to combine our strengths, resources, and shared vision. We are now even better equipped to build on our trusted quality services and deliver next-generation solutions, that will elevate our customers’ business today and beyond. Together, we are stronger, more agile, and poised to lead the company and our clients into a prosperous future.”

      David Treadway, Chairman of the merged group, commented: “This merger creates a powerful new client-centric organisation that is dedicated to market-leading solutions for channels, broadcasters and content owners across the sector. It combines the strengths of two highly successful companies and brings about the marriage of innovation and bespoke, tailored services with the strength of infrastructure and technology.”

      The iKOMG-STN merger establishes a new standard in broadcasting solutions firmly rooted in a commitment to customer success. Clients can expect enhanced services, innovative offerings, and a commitment to deliver growth-empowering solutions. Operational excellence remains the top priority, with 24/7 Network Operations Centers (NOCs) situated in Dob, Slovenia, and Rome, Italy, ensuring uninterrupted content delivery across IP, Fiber, and satellite connections. The merged company is committed to partnership privacy, confidentiality and safeguarding data.

      Tags: cloud servicesDisaster Recoveryevents coveragefeaturedpostFiberiKO Media GroupMitja LovsinNetwork Operations CentersOTT platformsplayout managementsatellite broadcastingteleport

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