SeaChange International Inc. has divested another of  its divisions, this time selling its media services company, On Demand Group (ODG), to Avail-TVN for $27 million on a cash-free, debt-free basis.?

U.K.-based On Demand Group, specializing in content aggregation and management of VOD services, becomes part of Avail-TVN, effective immediately.?

Earlier this month, SeaChange wrapped the sale of its broadcast server and storage business earlier today to the new independent company XOR Media (for more information, click here).

Notes SeaChange CEO Raghu Rau, “This sale is part of the ongoing execution of our strategy to transform SeaChange into a pure-play software company while generating significant cash for our business and improving shareholder value. As the sale is to a strategic buyer, the combination of Avail-TVN and On Demand Group creates a global?media services powerhouse, which also presents a significant customer opportunity for SeaChange.”?

On Demand Group CEO Tony Kelly adds, “ODG manages VOD content and services on 26 platforms in 20 countries, handling 1 billion VOD transactions each year in 14 different languages. We look forward to continued growth as we merge our wealth of talent, and proven workflow and delivery systems with Avail-TVN, to the benefit of our employees and our customers worldwide.”

The Daily

Subscribe

Charter Calls Increase in Cuts ‘Acts of Domestic Terrorism’

While Charter faced some pushback over branding a June fiber cut incident as domestic terrorism, it’s continuing to make the claim for other parts of its footprint that have been impacted by such crimes.

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Sep 11
2025 Faxies Awards Faxies Nominations Open! Final deadline: 4/4/25
Full Calendar

Jobs

Seeking an INDUSTRY JOB or hiring for one?
VIEW JOBS

In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors. The result will be an even more robust industry job board, to help both employers and job seekers.

Contact Carley Ashley, [email protected], for more information about posting a job on the website and our Jobs newsletter, sent twice weekly to 85,000 media professionals.