Megahertz is a privately owned UK-based company founded in 1982. Employing approximately 80 people, it specializes in providing broadcast professional services to broadcasters, content owners, and media service providers. Their offerings encompass system design and engineering for news and sports production, studio and file-based workflows, and outside broadcast and newsgathering vehicles. Megahertz also offers consulting, training, and support services. In 2023, the company's revenue was less than $10 million.
On December 16, 2024, BioLife Solutions announced the appointment of Tony J. Hunt to its Board of Directors. BioLife Solutions also reported its third-quarter 2024 financial results on an unspecified date, showing a 6% sequential growth in Cell Processing revenue to $19.0 million, a 43% increase compared to 2023. The company reported a GAAP gross margin of 51% and a non-GAAP adjusted gross margin of 54%. In spring 2024, Megahertz collaborated with Sony and Nevion on a project that delivered BBC Northern Ireland’s first IP-based outside broadcast truck. This project, initiated after a public tender in 2022, aimed to create more flexible and sustainable broadcasting. Separately, Megahertz and Clifftop Projects announced a call for dancers to perform in Dumbarton Town Centre on November 7 and Faifley Clydebank on November 8.
Megahertz offers 2 products in the media tech industry. Megahertz's product portfolio comprises of broadcast professional services.
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Megahertz's revenues were less than $10M in 2023. Caretta Research has split Megahertz's revenue into 2 different product categories, the largest of which is broadcast systems integration products and services. For full access to Megahertz's revenue breakdown subscribe to Caretta Portal.
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Megahertz's customers primarily consist of pay TV services, broadcast television and radio and telecoms companies. Examples of Megahertz's customers include Virgin Media, BT Group and BBC.
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