Nevion, a privately owned company and a Sony Group Company headquartered in Norway, was founded in 1996. It employs approximately 140 individuals and reported $23.7M in revenue as of 2024. The company also functions as a tier 2 media tech buyer. Specializing in live production, Nevion develops virtualized media production solutions and delivers network and broadcast infrastructure to broadcasters, telecommunication service providers, government agencies, and other industries.

2024 Revenue

Founded

1996

Headcount

136

Headquarters

Norway

Primary Segment

Live production

Ownership

Privately Owned

Deployments

30

News Summary:

On June 9, 2026, Sony released a whitepaper detailing its Networked Live Contribution Solution, which leverages Nevion's VideoIPath, Virtuoso, and eMerge to provide secure, reliable, low-latency transport of professional video, audio, and data over IP/WAN networks for broadcasters, media companies, and telcos. Earlier in June, on June 4, Nevion highlighted an ongoing industry discussion questioning whether the Media Exchange Layer (MXL) represents a progression beyond SMPTE ST 2110 or a distinct technology, a topic significant for facilities evaluating software-defined infrastructure. Previously, on April 24, Nevion's cloud-native media processing platform, MOXELA, earned a TV Tech Best of Show Award and was a finalist for the NAB Show Awards at NAB 2026, following its debut in hybrid live production demonstrations that showcased SMPTE ST 2110 and MXL workflows. This award came a day after Nevion, on April 23, launched MOXELA as a new software-based media processing platform within the Sony Networked Live Ecosystem, designed for infrastructure-independent live media processing on COTS servers or in the cloud to create low-latency media applications. On April 16, Chile’s TvTel, a Latin American broadcast production services provider, went live with a remote production and contribution solution for the Chilean football league, utilizing Nevion Virtuoso and a Sony codec for low-latency, high-quality picture delivery.

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Nevion (a Sony Group Company) offers 9 products in the media tech industry. Nevion (a Sony Group Company)'s product portfolio comprises of live production, connectivity infrastructure and video processing and playout.
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Nevion (a Sony Group Company)'s revenues were less than $50M in 2024. Caretta Research has split Nevion (a Sony Group Company)'s revenue into 7 different product categories, the largest of which is video network orchestration and monitoring. For full access to Nevion (a Sony Group Company)'s revenue breakdown subscribe to Caretta Portal.
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Nevion (a Sony Group Company)'s customers primarily consist of entertainment Providers, computer Games and telecoms companies. Examples of Nevion (a Sony Group Company)'s customers include Telenor, Riot Games and Warner Bros. Discovery. Nevion (a Sony Group Company) has partners like TAG Video Systems. Examples of Nevion (a Sony Group Company)'s suppliers include Amagi and intoPIX.

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