AMSTERDAM, NETHERLANDS – 24i Media, an industry-leading Internet TV app developer for the world’s top media companies, today announced yet another year of record growth. The success in 2017 has been driven by signing up more than 20 new customers, including leading brands such as Tennis Channel, Entel, EdgeTV and RTE.
2017 was a strong year for 24i Media, both in terms of growth in new customers and new partners, but also in staff and revenue, with a whopping 70% growth. This powerful momentum will continue in 2018, as the company is taking new strategic initiatives to bolster its technology innovation and global growth.
Underscoring demand for its flexible and proven technology, Amsterdam based 24i has witnessed a 282% revenue growth over the last three years. In 2017 the company grew with about 70%. With this growth 24i also secured a spot on the prestigious Inc.5000 list of the fastest growing companies in EMEA in 2017. The list, seen as a ‘celebration of innovation’ and a distinguished ‘network of entrepreneurial leaders’, honors private companies that have achieved significant overall staff and revenue growth over a three-year period.
The company also significantly expanded its client base across both broadcasters, media companies and operators, including signing recognized corporates and brands, such as Sinclair Broadcasting Group, NPO, RTE, Entel, Globo and the Tennis Channel. 24i strengthened its position in all geographic markets, especially EMEA, North America and Latin America.
24i Media’s growth continues to be fueled by strong market demand for their proven technology framework for the development and deployment of leading Internet TV app solutions.