PlayBox Says Sales Were Up 60 Percent in Q1 2011, Up 250 Percent Since 2008

Posted by Joe Zaller
May 09 2011

Integrated playout (channel-in-a-box) vendor PlayBox said in a press release that the its revenue in the first quarter of 2011 increased 60% versus the same period a year ago, and that it expects a similar level of growth to continue for the remainder of the year.

PlayBox also said that it has been growing at more than thirty percent per year for the past two years, and that its current revenue is 250% higher than in 2008.

Company executives attribute the company’s growth the global move to HDTV broadcasting as well as a large number of channels that are now being delivered over the internet.

PlayBox is privately held and it has not disclosed its revenue, or the base from which its revenue doubled.

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Press Release: 60% Sales Growth at PlayBox Technology

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