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・ Kit Cartwright
・ Kit Chan
・ Kit Clardy
・ Kit Clayton
・ Kit Coleman
・ KIT College of Engineering
・ Kit Cope
・ Kit Cosper
・ Kit Culkin
・ Kit Cunningham
・ Kit Dalton
・ Kit DeCamps
・ Kit Denton
・ Kit Denton Fellowship
・ Kit DesLauriers
KIT Digital
・ Kit Downes
・ Kit Fagan
・ Kit Fawcett
・ Kit Fine
・ Kit for Cat
・ Kit fox
・ Kit Fox Hills
・ Kit Fysto
・ Kit Galloway and Sherrie Rabinowitz
・ Kit Hain
・ Kit Harington
・ Kit Hawkins
・ Kit Hesketh-Harvey
・ Kit Hill


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KIT Digital : ウィキペディア英語版
KIT Digital

KIT digital was a video management software and services company before filing bankruptcy in April 2013. The KIT Video Platform is the company's cloud-based video asset management system. KIT digital services nearly 2,500 clients in 50+ countries including some of the world's biggest brands. The company maintains corporate headquarters in New York City and principal offices in Atlanta, Buenos Aires, Ely, London, Los Angeles, Miami, Milan, Paris, San Diego, San Francisco, Stockholm and York.
==History==
In late 2007, Kaleil Isaza Tuzman purchased a controlling interest in ROO Group and became the company’s CEO and chairman of the board.〔("Roo Group: Kaleil Tuzman Named Chairman And CEO" ), ''PaidContent''〕 ROO Group changed its name to KIT digital in 2008 after financial restructuring of the company.

KIT digital embarked on a growth by acquisition strategy and quickly acquired a number of players in the digital media IP video industry. In 2008 they acquired, Sputnik Agency, Visual Connection, Kamera and Morpheum. In 2009, Narrowstep,〔("KIT digital Acquires the Assets of Broadband TV Provider Narrowstep" )〕 Nunet, The FeedRoom〔 〕 and Juzou. KIT digital was listed on the NASDAQ Global Market in August 2009 under the ticker "KITD". The key acquisitions facilitated KIT digital to become one of the largest video software and service providers in the world. In September 2009 KIT digital moved its global headquarters from Dubai, UAE to its European head office and technical operations hub in Prague, Czech Republic citing the European zone now represented in excess of 50% of the company’s revenue stream.
In 2010 the company bought the Atlanta-based live event broadcaster Multicast Media Technologies and later went on to buy more broadcast and media asset management companies including (Benchmark Broadcast Systems ), (Megahertz Broadcast Systems ),(Accela Communications ) and (Brickbox Digital Media ). By October that year, KIT digital was estimated to control 25% of a $500 million market for Internet video-management software.
2011 was a big year for KIT. In January they spent approximately 77.2 million dollars to purchase three social software and video companies, Kewego,〔http://techcrunch.com/2011/01/31/exclusive-kit-digital-acquires-kickapps-kewego-and-kyte-for-77-2-million/〕 KickApps,〔 and Kyte〔 and KickApps CEO Alex Blum was appointed to the new position of Global COO of KIT digital to manage worldwide operations. A few months later KIT spent over 100 million dollars to purchase TXT Polymedia〔http://techcrunch.com/2011/03/16/kit-digital-buys-polymedia-for-34-4-million-teases-big-upcoming-acquisition/〕 for 34.4 million and IT software services company ioko〔http://techcrunch.com/2011/04/11/kit-digital-acquires-ip-video-management-and-delivery-company-ioko-for-91-4m-in-cash-and-stock/〕 for approximately $74 million in cash and 1,509,805 restricted shares of KIT common stock, totaling $91.4 million.
On November 21, 2012, the company announced errors that will force restatement of prior period financial statements and postponement of Q3 2012 results. The 2009, 2010 and 2011 years and 1Q12 and 2Q12 will be restated; KITD says investors should no longer rely upon previously issued statements for those periods. The company says an event of default exists in a secured loan facility that has 11 mln. USD outstanding; that its cash balance has dwindled to USD 10.6 mln., and that cash burn is expected to continue. As a result, KIT is exploring "a broad set of strategic alternatives," including financing deals (virtually guaranteed to be dilutive) and a sale. It's also cancelling its 2012 shareholder meeting. Shares traded (more than 50% down ) in after hours trading. The company announced on December 10, 2012, that it has received notice from NASDAQ, because it has not yet filed 3Q results with the SEC. The company no longer complies with the continued listing requirements under Nasdaq. The NASDAQ stock market announced on December 11, 2012, that trading of NASDAQ:KITD shares was halted.
KITD announced on April 16, 2013 that it would file for bankruptcy on April 24 with a debt plan supported by three of the largest shareholders. The company’s last financial statements listed a revenue of $107.3 million for the six months ended June 30, resulting in a $110.8 million loss from operations, including a $55 million goodwill-impairment charge. Jones Day, with a claim of $1.6 million for legal services, is shown as the largest unsecured creditor. The case is IN RE Chapter 11. KIT Digital, Inc., Case No. 13-11298 U.S. Bankruptcy Court, Southern District of New York (Manhattan).
Isaza Tuzman left KIT digital in April 2012.〔("KIT digital's Chairman Resigns" )〕

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