Xytech Systems, a privately owned US-based company founded in 1988, develops software for managing broadcast and media facilities. Employing approximately 100 people, the company generated roughly $10 million in revenue in 2023. Acquired by Banneker Partners in 2021, Xytech's primary offering is the MediaPulse platform, which integrates scheduling, automation, asset management, billing, and cost recovery functions. In 2021, Xytech also acquired the ScheduALL brand, incorporating its functionality into its Media Operations Platform. Previously, the company operated under the names ScheduALL and Mediapulse.
Streaming platforms increased their presence in Africa, focusing on both foreign and local productions. European adaptations are a key strategy for content internationalization, with over 30 identified so far this year. In the U.S., LGBTQ+ content visibility on streaming platforms, particularly during Pride Month, has increased, with major platforms featuring inclusive narratives across various formats. The full-season drop model, while initially popular, is being replaced by alternative release strategies by some U.S. platforms to improve engagement and subscriber retention. Finally, Korean dramas have seen significant growth in Brazil, with 19% of internet-accessing households expressing interest.
Xytech Systems offers products in the media tech industry. Xytech Systems's product portfolio comprises of production and post production.
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Xytech Systems's revenues were less than $25M in 2023. All the revenue comes from production and resource management.
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Xytech Systems's customers primarily consist of entertainment Providers, broadcast television and radio and pay TV services companies. Examples of Xytech Systems's customers include Sky Group, Paramount Global and BBC. Xytech Systems has commercial and technical partners like Red Bee Media and SES Satellites.
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