Source: MediaValet.
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  • MediaValet (MVP) has signed a three-year multi-service contract with a top international film festival
  • The contract includes audio and visual intelligence services and an auto-renewing subscription to the company’s digital asset management platform
  • First-year billing will total C$174,000
  • MediaValet offers cloud-native, software-as-a-service, enterprise digital asset management built exclusively on Microsoft Azure
  • MediaValet (MVP) is unchanged trading at $1.92 per share

MediaValet (MVP) has signed a three-year multi-service contract with a top international film festival.

The contract includes an auto-renewing subscription to the company’s enterprise digital asset management platform, audio and video intelligence services, Adobe Creative Cloud integration, as well as implementation, training and support.

First-year billing will total C$174,000.

The festival hopes to leverage its historic film archive to increase value for members and the film industry at large.

“Our ability to apply AI to massive film archives, making previously siloed and unknown assets suddenly discoverable and easy to access at the click of a mouse button is attracting an entirely new set of mid and enterprise customers,” stated David MacLaren, Founder and CEO of MediaValet. “Building our software to address the largest DAM use-cases has opened up markets we never imagined.”

MediaValet offers cloud-native, software-as-a-service, enterprise digital asset management built exclusively on Microsoft Azure.

MediaValet (MVP) is unchanged trading at $1.92 per share as of 1:27 pm EST.

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