First Sight Media acquires Visions Unlimited for university offerings
Oxfordshire-based First Sight Media, a video streaming and production company, has announced its acquisition of Visions Unlimited, an AV equipment supplier based in Suffolk, to reinforce the company’s position as a graduation production provider.
The enlarged company will now provide live streaming and video production services to 40% of the UK’s universities.
The company aims to film over 650 graduation ceremonies a year, including those taking place at the University of Leeds, Glasgow Caledonian University and Manchester Metropolitan University.
First Sight Media says it has experienced a 20% turnover growth per year since 2015.
The company has expanded its work across pharmaceutical, finance and technology sectors, where it has delivered award ceremonies, conferences, AGMs, product launches and webinars.
The company’s stated target is to increase its turnover from £1.1m to £5m over the next five years.
Its partnership with Visions Unlimited will include contracts with 15 universities, AV equipment and access to Vision Unlimited’s freelance base.
An official partner of Event Tech Live 2019, First Sight Media will stream live in 4K from five stages and First Sight Media MD Richard Belcher will be at the show to discuss ways to integrate and expand event video content into a brand’s marketing strategy.
Belcher (pictured), said: “We are delighted to strengthen our position as the number one graduation production partner in the UK and look forward to helping more universities to capture and share one of the most important days of a student’s life.
“Our purchase of Visions means we are not only expanding our customer base but also our technology and the ability to deliver solutions in new, innovative ways. It certainly sets us up for an exciting future.”
Following the acquisition, Simon Bishop will be stepping down from his position as managing director at Visions Unlimited.
He said: “I’m extremely confident that our university and other clients are in safe hands with the First Sight Media team. They share our high standards and flexible approach to provide production services that achieve results and I have no doubt that with his drive and ambition, Rich will lead the company to even greater success.”