With financial backing received from FFI, both Silver Trak and Buff Dubs will continue supporting media productions with its expertise
Two Australian companies — Silver Trak Digital and its parent company Buff Dubs Productions — have received investments from Film Finances Inc (FFI), a US-headquartered company providing completion contracts to the entertainment industry.
Since its founding in the 1950s, FFI has issued contracts on approximately 1,700 productions — last year, more than 50 in Australia alone — with gross budgets in excess of US$17 billion. Some titles include The Hunger Games, 12 Years a Slave, and La-La Land.
Declaring that the investment from FFI in Silver Trak is a boost for the Australian production and post-production industries, Christian Christiansen, COO for Silver Trak Digital, highlighted that the investment will generate work and productions across the board. He elaborated: “From Silver Trak and Buff Dubs’ perspective, we are very much continuing in the same vein providing media asset management (MAM) through Media Room, and a full range of broadcast facilities including encoding, transcoding, media duplication and mastering.”
With offices located in Sydney and Melbourne, Silver Trak and Buff Dubs have been supporting the media industry with their ability to process media content and transform, reproduce and aggregate it in the various formats required by its clients. This, according to the companies, has helped them to secure “preferred provider” and “vendor status” with several media platforms, including Netflix, Apple and Google, as well as gaming platform, including PlayStation and Xbox.
Christiansen continued: “This investment means Silver Trak can support all of our clients even more comprehensively than before with the back-up of FFI, and help create new opportunities for new clients too. The investment also represents a key milestone in FFI leveraging its core completion contract business into a broader ancillary service business in order to serve the growing needs of its customers.”