US firm Encompass has completed its acquisition of Ascent Media’s global content distribution business, including its London playout facility.
Chief Executive Simon Bax said the deal would be the catalyst to the firm becoming a leading global service provider for outsourced services.
He said: “These additional resources allow us to continue to offer our core content aggregation and distribution services on a worldwide basis for existing and future clients.”
As well as Ascent’s London playout base, Encompass will take on facilities in the US and Singapore.
Last month Ascent Media signed a deal with Channel 5 to playout the firm’s multichannels.