Naviga Acquires ZINIO to Further Expand Its Innovative Digital Solutions Suite
BLOOMINGTON, Minn., May 30, 2019 /PRNewswire-PRWeb/ -- Naviga (formerly known as Newscycle Solutions), a leading provider of software and services powering media-rich industries, today announces the acquisition of ZINIO, the leading technology platform for digital magazines.
ZINIO's proprietary technology converts magazines into digital content that can be monetized in entirely new ways. Using the company's intuitive software platform, publishers can manage, style and enhance each article for optimal presentation. ZINIO also provides publishers with access to an unprecedented number of content marketplaces, including native apps, partner channels and the ZINIO Newsstand, the world's largest digital newsstand featuring over 6,000 magazines from around the world.
"My vision for ZINIO has consistently been to create the industry's premier platform to connect magazine publishers with digital consumers," said David Gilmour, ZINIO's primary shareholder. "I'm thrilled that this vision has finally come to fruition, with a platform that's now been adopted by leading publishers and distributors around the world, and that the company has found in Naviga an owner that can further accelerate ZINIO's momentum, growth and impact on the industry."
ZINIO's 'Edit Once, Distribute Everywhere' technology solves the logistical challenges of a complex digital ecosystem, unlocking new revenue and subscription opportunities for publishers. The company has partnered with top magazine publishers to convert print magazine issues into custom templates for the optimal presentation of magazine content, including for the recently unveiled Apple News+ service. From the ZINIO newsstand to publisher websites and apps - and from the ZINIO for Libraries Program to the Amazon Kindle - content is automatically formatted for mobile reading, delivering a consistent brand experience everywhere.
"At ZINIO, we are dedicated to providing magazine publishers with comprehensive content conversion, editing, and distribution services for wherever content is consumed digitally," said Kelly Conlin, ZINIO Chairman and CEO. "We are excited to join Naviga to further our pursuit of providing all content publishers with the technology they need to easily and effectively expand distribution and monetization opportunities."
ZINIO also recently announced a new partnership with Marvel Entertainment resulting in a catalog of Marvel comic collections and graphic novels titles being sold across ZINIO's global distribution network. In addition, the company also recently announced the launch of ZINIO TV, an all-in-one video streaming platform available on Roku, tvOS, iOS, and Android to meet the growing demand among publishers for video streaming services.
"The ZINIO team is perfectly suited to join Naviga in our mission to deliver easy to use, scalable solutions focused on the entire lifecycle of content and the success of our customers," said Scott Roessler, Naviga CEO. "Adding ZINIO's platform to Naviga further extends our ability to help all content creators realize the power of their most valuable asset."
The transaction closed on May 24, 2019. Financial terms have not been disclosed.
About ZINIO
ZINIO brings innovation and inspiration to the world of magazine publishers and consumers by delivering the ultimate digital reading experience on any device. A pioneer of the digital publishing industry, ZINIO leads the digital magazine market in breadth of content and accessibility on any platform. For magazine publishers, ZINIO converts print magazines to digital XML content offering publishers complete flexibility in managing and delivering their content in branded magazine apps and platforms for tablet, smartphone and desktop, or through the growing network of ZINIO distribution partners, including Amazon Kindle, Apple News, inflight systems, digital library services and mobile carriers. For magazine consumers, ZINIO operates online newsstands and award-winning iOS and Android apps in more than 30 languages. ZINIO provides the broadest selection of digital magazines accessible on any platform that can be read online or offline. ZINIO has delivered over 500 million digital magazine editions across more than 6,000 titles to over 15 million customers. For more information, visit https://corp.zinio.com/.
About Naviga
Naviga (https://navigaglobal.com) a leading provider of software and services powering media-rich industries. Our content creation, syndication, presentation and monetization solutions help companies drive profitability and accelerate digital business models. With headquarters in Bloomington, MN and regional offices throughout the world, Naviga is a trusted partner serving over 2,500 news media, broadcast, magazine, financial services and corporate clients in 45 countries. For more information, please write to us at info@navigaglobal.com.
SOURCE Naviga
