Link to Word Doc: www.wallstcom.com/Riedel/221201-Riedel-DYN_Media.docx
WUPPERTAL, Germany — Dec. 1, 2022 — Riedel Networks, a Riedel Group company, today announced that they have been appointed connectivity partner of Dyn Media, the new streaming platform for sports beyond soccer. From the summer of 2023, the international network provider Riedel Networks will provide the connectivity services for national leagues and cup competitions such as the LIQUI MOLY Handball Bundesliga and the DHB Cup (handball), and the easyCredit Basketball Bundesliga and the BBL Cup (basketball).
The mission of Dyn Media, founded by former DFL Chairman Christian Seifert, in cooperation with Axel Springer, is to put previously underrepresented sports in Germany’s media spotlight and to bring their TV production to a new level. The streaming service has already secured the media rights for other national leagues such as the Table Tennis Bundesliga TTBL and the Volleyball Bundesliga VBL and is scheduled to go live in June 2023.
The production of more than 700 matches per season has been entrusted to the leading global production company NEP Germany. Dyn relies on flexible and innovative connectivity and technical innovations to realize a reliable, sustainable remote production based on the highest standards – through the services of Riedel Networks.
The partnership will see Riedel Networks bundle all audio and video signals from over 70 venues across Germany at the Dyn sites in Cologne and Munich to be processed in two Virtual Production Units (VPU). These are connected via Riedel Networks’ own network in a redundant 10-gig fiber ring to the cloud platform Amazon Web Services (AWS) and the Dyn Operations Centre (DOC) in Wuppertal, where more than 1,300 matches on up to 160 production calendar days are to be serviced.
“Especially in innovative and sustainable remote productions, connectivity is an essential umbilical cord. With Riedel Networks, we have chosen an experienced connectivity partner that can really guarantee smooth operations,” said Andreas Heyden, CEO of Dyn Media.
Michael Martens, CEO, Riedel Networks, added: “After more than 10 years in this business with mainly international projects such as Formula 1 or summer and winter games, we are particularly pleased to be able to support such an important national project from the very beginning. Riedel Networks has unrivaled expertise in sports broadcast network services and has been providing national and international customers with reliable 24/7 managed WAN services and permanent, flexible connectivity for years. This partnership is a perfect match, considering Dyn’s glass-to-glass strategy, where new types of content and format production require an IP-enabled, innovative, and highly reliable media backbone.”
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About Dyn Media
The objective of the joint venture founded by Axel Springer and Christian Seifert – who was for many years CEO of DFL Deutsche Fußball Liga – is to create a new media home for the German fans of the leagues and sports beyond soccer. To this end, the company is, for the first time, bundling the audiovisual rights for attractive leagues and sporting events on one media platform. The new streaming platform aims to enhance awareness and appreciation of underrepresented sports with high-quality production standards and intensive marketing support. Within just a few months, the company has signed media rights agreements with Germany’s table tennis, volleyball, basketball, and handball leagues (Tischtennis Bundesliga TTBL, Volleyball Bundesliga VBL, easyCredit Basketball Bundesliga, and LIQUI MOLY Handball-Bundesliga). The streaming platform will go live in Q3 2023.
About Riedel Networks
Riedel Networks is an international network provider focused on customized networks and is listed in the Gartner Magic Quadrant for Network Services, Global, as a niche vendor specializing in midmarket multinationals and the media and events sector. Founded in 2001 in Butzbach, the company today runs an extensive and scalable Cisco homogenous network with 40+ points of presence worldwide. It serves 250+ multinational customers across all vertical industries in 75+ countries. Riedel Networks is an enterprise of the Riedel Communications Group in Wuppertal, Germany, and is privately owned by Thomas Riedel.
About Riedel Communications
Riedel Communications designs, manufactures, and distributes pioneering real-time video, audio, data, and communications networks for broadcast, pro audio, event, sports, theater, and security applications. The company also provides rental services for radio and intercom systems, event IT solutions, fiber backbones, and wireless signal transmission systems that scale easily for events of any size, anywhere in the world. Riedel is headquartered in Wuppertal, Germany, and employs over 1,000 people in 30 locations throughout Europe, Australia, Asia, and the Americas.
Further information about Riedel and the company’s products is available at www.riedel.net.
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