ZOO Digital Group Plc. (ZOO.L), the provider of cloud-based media production software and services, Wednesday said it expects full year revenues to be ahead of the prior year.
Due to a combination of seasonality of projects in the entertainment industry and disruptions within a major customer, second half year revenues are expected to be lower than in the first half.
ZOO also said that BBC Worldwide, the wholly owned commercial subsidiary of the BBC, has selected the company to provide a pioneering new subtitling and captioning solution for its global operations.
ZOO will deliver a cloud-based media workflow management system and associated subtitle and caption production services to BBC Worldwide in a deal that begins this month.
Demand for the Group's subtitling software and services is strengthening in the U.S. and U.K., evidenced by today's BBC Worldwide contract win, the company noted.
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