In January, Production Resource Group (PRG), acquired New York-based AV post facility Pow! Pix. This marks PRG's entry into the rental of post-production equipment and services sector, enabling it to offer on-site editing for live event and other broadcasts, as well as traditional post-production services in its seven video editing suites and two mix rooms. The Pow! Pix acquisition forms the basis of the company's new PRG Media Services division, which will be headed by PRG vice president Mike Perrone and Pow! Pix's former principal Bob Barzyk…[The acquisition] lays the groundwork for PRG to add streaming those same events to its menu card. "Streaming is going to have to look more like broadcast; it's going to have to offer the same kinds of high production values that people have become used to in broadcast, like [high definition] video," says Perrone. "This is a sector that we've been eyeing for some time."
-Dan Daley, from "The Biz," PLSN, Mar. 2011
