Codemill, also known as CodeMill AB (publ), is a Swedish company founded in 2008 and headquartered in Sweden. It is a publicly owned company with less than 70 employees and generates less than $10 million in annual revenue as of 2023. Codemill specializes in providing broadcast professional services and offers products under the Accurate.Video branding. Additionally, the company provides custom user interface (UI), application, and workflow management implementations.
On July 2nd, 2024, Codemill (Nasdaq: CDMIL) announced that it secured a five-year contract to provide its hybrid-Cloud MAM system, Cantemo, and Accurate.Video to Malaysia’s Media Prima Berhad (“Media Prima” or “the Group”). This contract highlights Codemill’s commitment to assisting media companies in streamlining subtitle management, ensuring content accessibility, and adhering to regulatory standards and cultural sensitivity. Accurate.Video plays a crucial role in protecting broadcasters and brands from potential risks, including fines, reputational damage, and loss of broadcasting licenses.
Codemill offers 4 products in the media tech industry. Codemill's product portfolio comprises of content supply chain, broadcast professional services and production and post production.
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Codemill's revenues were $7.4M in 2023. Caretta Research has split Codemill's revenue into 4 different product categories, the largest of which is software development, which represents 60% of Codemill's revenue.
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Codemill's customers primarily consist of broadcast television and radio companies. Examples of Codemill's customers include ProSiebenSat.1 Media, ITV and Paramount Global. Codemill has commercial and technical partners like Embrace and Amazon Web Services (AWS).
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