Ericsson Signs Seven-Year Playout Deal With BBC
02 June 2015 - 4:29PM
Dow Jones News
By Jens Hansegard
STOCKHOLM--Swedish network technology supplier Ericsson said
Tuesday that it has signed a seven-year deal with the British
Broadcasting Corp. to provide network broadcasting technology,
known as playout services.
The deal includes playout and media management services for the
BBC's portfolio of channels in the U.K., BBC World News and its
interactive service.
Ericsson didn't disclose the value of the contract, but
according to documents from the BBC the tender is valued between
150 million and 248 million pounds ($229 million-$379 million).
The BBC's previous playout contract was awarded to RedBee Media,
a U.K. media services company, whose acquisition by Ericsson was
completed in 2014.
Write to Jens Hansegard at jens.hansegard@wsj.com
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