Hollywood demand boosts Zoo Digital

Z​oo​ Digital, which provides subtitles for Hollywood film studios,​​ ​said growth has continued in its second half and it now expects to report full year revenue of at least ​£20m, up from £12m in 2017.

The Sheffield-based group said​ it has steadily increased the number of quality voice actors and dubbing professionals ​to meet demand.

The firm said ​its growing reputation in the market is helping ​it engage with these professionals, enabling services to be fulfilled across a growing number of languages.

Zoo expects to report adjusted earnings of at least £1.7m in the year to March 31, up from £1.3m the year before.

The ​g​roup ​said it ​was also encouraged by the level of industry feedback and acclaim that ZOOdubs and the associated dubbing service achieved at the NAB show in Las Vegas, held ​earlier this month. ​It said t​he level of interaction with senior individuals from major players within the industry and the resulting enquiries underlines the confidence that the ​b​oard has in the ​g​roup’s long-term opportunity, particularly in respect of its localisation services. ​

Stuart Green, chief executive of Zoo, said: “We are pleased to confirm guidance for the full year results. We continue to see momentum in the business, driven by our localisation services, and remain optimistic for the future.” ​

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