Areu Bros acquires Endavo | OTT | News | Rapid TV News
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The founder and CEO of Areu Bros Studios has acquired Endavo Media and Communications, an Atlanta-based over-the-top (OTT) video distribution software company.

atlanta 8 aug 2019Endavo has offices in Sofia, Bulgaria, and Montevideo, Uruguay, in addition to its headquarters in Atlanta. It is primarily focussed on digital media companies and TV service providers, providing video delivery services, content management and service creation, content and channel aggregation, and distribution for content creators.

Ozzie Areu, former president of Tyler Perry Studios in Atlanta, calls Endavo a "revolutionary platform" for video content distribution. 

Financial terms of the deal have not as yet been disclosed but the companies confirmed that Areu will join Endavo’s board of directors, and Paul Hamm will continue as Endavo CEO.

“We are OTT pioneers and have been developing our platform over the years to meet the current and future needs of digital media companies and content creators who want to go over-the-top," Hamm said.

"This crescendo has led us to this exciting new relationship with Ozzie. Our visions are aligned — to lead the media and entertainment industry by fuelling the next generation of content creation, distribution, consumption and monetisation.”