By Myrna Tobisoo, April 18, 2007
Sample Digital Holdings LLC is securing financing to enable the roll-up of three independent digital media service suppliers -- Digital Dailies LLC, Sample Digital Media Services LLC and DAX Solutions, Inc. -- into a single entity. Hyperion Entertainment Group is backing the roll-up.
The combined company, to be named later, will provide studios, networks, and independent production companies with a suite of production workflow acceleration and media management tools, including digital dailies, content distribution, encoding services and increased customer support.
Digital Dailies and DAX together currently supply web-based digital production workflow and digital dailies solutions, a service that minimizes inefficiencies throughout the content creation, distribution and approval process
. Both companies currently supply web-based and set top box applications that create a secure online environment.
Led by founders Josh C. Kline (CEO - Digital Dailies, Sample) and Patrick Macdonald-King (CEO – DAX), the companies involved in this stage of the roll-up are:
-- Digital Dailies is a desktop and set top box solution provider of online dailies services to studios and production companies.
-- DAX Solutions is a supplier of production workflow acceleration tools, streaming dailies and set top box solutions.
-- Sample Digital is a media encoding facility.
Josh C. Kline, CEO of Sample Digital and Digital Dailies, will become Chairman of the new entity, while Kline will focus the majority of his time as the CEO of Secure Path Technology, a metadata services company and North American Registration Agency for the ISO Standard ISAN (International Standard Audiovisual Number).
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