New US Agreement
Forbidden Technologies plc (AIM: FBT), the AIM-quoted owner and developer of the market leading cloud video platform, Forscene, and video social network, ‘eva’, announces that US-based full service production group Leftfield Entertainment (LFE), has chosen to deploy Forscene across its group of production companies to provide a flexible and efficient post-production solution. The purchase comes after the cloud-based post-production platform was tested on the series “Football Town.” Forscene provided remote access to media, allowing producers in the field to collaborate with the post-production team back at base, expediting media processing and ingest as well as transcription.
Jason Cowan, Business Development Director at Forbidden, said:
“Our new North American strategy has yielded its first major US broadcast post production group. This deal demonstrates Forscene’s applicability to the US post-production market – which in size terms is a multiple of the UK equivalent.
“When we first demonstrated Forscene to Leftfield Entertainment at NAB earlier this year, they were impressed with the platform’s capabilities – particularly our compatibility with Avid and its multicam and multigroup functions.
“Leftfield were quick to recognise the potential benefits of using Forscene for high-shoot-ratio productions with dispersed teams. We’re pleased that the platform has now proven its worth and look forward to introducing Forscene across the group.”
Danielle DiStefano, Leftfield Entertainment’s Vice President of Post-Production, added:
“We have been extremely happy with our experience in testing Forscene and the positive effect it has had on our post workflow. We’re looking forward to seeing what this product can do for us on a larger scale.”
Forbidden Technologies plc
Stephen Streater, Chairman
Aziz Musa, Chief Executive
Tel: +44 (0)20 8879 7245
Cenkos Securities plc (Nominated Adviser and Broker)
Bobbie Hilliam, Corporate Finance
Tel: +44 (0)20 7397 8900
Redleaf Communications (Financial PR)
Tel: +44 (0)20 7382 4730
About Forbidden Technologies plc
Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000.
The Company develops and markets the powerful cloud video platform, Forscene, which is used by broadcasters, in professional web video, in education and by consumers. Forscene is one of the world’s most advanced browser-based and mobile platforms.
About Leftfield Entertainment
Leftfield Entertainment is a full-service production group that produces some of the most creative, headline-grabbing, and genre-defining programming in the U.S., including History channel’s “Pawn Stars” and “Counting Cars,” produced by production company Leftfield Pictures, and Bravo’s “The Real Housewives of New Jersey,” produced by LFE’s Sirens Media. With a firm footing across the nonscripted landscape, Leftfield Entertainment produces more than 600 hours of programming for over 30 networks in the U.S. and U.K. In addition to Leftfield Pictures and Sirens Media, the group currently includes Loud TV, Outpost Entertainment, and Riot Creative. Leftfield Entertainment is headquartered in New York City, with offices also in Los Angeles.