Group FMG announces Production Partnership with AMI
Dilip Keshu, CEO of Group FMG, has announced that American Media Inc. (AMI), has entered into a long-term $10-million partnership with one of its key holdings, FMG. FMG will work with American Media to implement the agency's cutting-edge automated technologies to reduce costs, manage content, and optimize the media firm's products and services across digital platforms.
"Every publisher today is looking to reduce their costs. And being able to provide them with the production efficiencies, we developed for AMI's publishing services business unit allows us to build on this new revenue stream for the our company," said David Pecker, Chairman, President & CEO, American Media.
Mike Esposito, Senior Vice-President, Operations and Digital Production, said, "FMG is the ideal partner to help AMI continue to optimize its internal production processes as well as its migration to distribute content across digital platforms. This is the next step in a series of enhancements that AMI began earlier this year."
Anish Nanavaty, who leads Group FMG's Americas business, said, "This deal builds on FMG's 30+ years of experience providing the publishing industry with innovative media production solutions. Our partnership with AMI on print and digital production processes is a new paradigm for publishers coping with the need to deliver content across multiple channels in a cost-efficient manner."
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