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After slow start, prospects now look bright for cloud TV dubbing production technology firm
Thursday 07 Apr 2022 Author: Steven Frazer

Zoo Digital (ZOO:AIM) 119.3p

Loss to date: 1.4%

Original entry point: Buy at 121p, 13 May 2021

Zoo Digital (ZOO:AIM) shares have huffed and puffed for a year but never quite managed to cling on to gains, leaving the performance largely flat since we flagged the stock on 13 May 2021.

Yet those 12 months have seen a substantial expansion of its global operations, and we remain confident that this investment will at last start to pay-off for investors.

On 4 April 2022 Zoo Digital launched its Copenhagen-based hub which will tap directly into hugely successful Scandi-thriller market. Think The Girl with the Dragon Tattoo, The Killing and The Bridge

This initiative follows on from recent launches of ZOO Turkey, ZOO Korea and, most importantly, ZOO India. One of the biggest TV and film markets in the world, India’s streaming TV and movie industry is forecast to grow from $1.9 billion in 2021 to circa $4.5 billion by 2026, according to information from broker Shore Capital.

To re-cap, Zoo Digital offers a cloud-based dubbing and subtitling studio platform that allows TV and film producers to broadcast to a global market. Netflix’s massive hit Squid Game would never have become the worldwide phenomenon it has without multiple languages being available. The US streaming giant is a Zoo Digital client, as is Disney and all the other major US film studios.

SHARES SAYS: Still worth holding for the long-term. 

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