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NBC Inks Strategic Technology Agreement With Grass Valley Group Estimated Up To $25M

 

Network standardizes on Grass Valley solutions for central casting, news production, media asset management, HD servers

 

Nevada City, Calif. April 24, 2001 — In a sweeping standardization effort, NBC today announced a three-year strategic technology agreement estimated up to $25 million to deploy Grass Valley solutions in support of the Network's company-wide central casting, news production, media asset management, and high-definition playback. NBC will deploy the Grass Valley Group's video server, shared-storage, nonlinear editing, routing, and modular products in varying applications throughout the Network, its cable properties, and the 13 stations represented by its Television Station Division (TVSD).

The order detailed today comprises four strategic areas:

"Grass Valley Group will provide a broad-based solution that we can implement across our entire organization—one with common tool sets and file formats that will enable us to increase efficiencies across the company," said John W. Eck, President, Broadcast and Network Operations at NBC.

"As a global media leader, NBC is charting an important course of workflow efficiency — one that ultimately will lead to increased content creation, distribution, and revenue-generation opportunities," said Tim Thorsteinson, president and CEO of the Grass Valley Group. "There is no greater driver behind our multi-million-dollar research and development efforts than workflow efficiency."

Today's announcement is part of the Grass Valley Group's Media Without Bounds™ initiative to enable broadcasters and video professionals to get any content, anywhere, any time. On display at NAB 2001 (Booth L10409), this initiative features open, integrated solutions that drive workflow and capital efficiencies to help these digicasters build flexible, powerful, and future-proof digital infrastructures and production operations.

About The Grass Valley Group

The Grass Valley Group knows more about high-quality video than anybody else—especially as video goes digital. The Internet. Digital cinema. Data-enhanced broadcasting. Interactive television. It's a world of Digicasting-one that demands Media Without Bounds solutions. Whether online or on the air, the Emmy® award-winning Grass Valley Group, a privately held digital media leader, has the hardware, software, and new media technologies to get content wherever it needs to go.

For the latest Grass Valley Group product information, visit www.grassvalleygroup.com.

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Media Contacts

Laura Barber-Miller
Grass Valley Group
(503) 526-7904
[email protected]
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