Next week, the media technology industry converges on Las Vegas for the annual NAB Show. In advance of the trade show, Silverwood has published an updated strategic analysis of the sector. Below is a link to the PDF document (5.3MB). Screen Shot 2016-08-18 at 12.36.46 PM To view report in PDF format please click here (opens in a new window): We will elaborate on many of the points raised in the analysis at our annual strategy and valuation session at NAB, co-produced with the NAB and Devoncroft Partners on Sunday, April 6th, ahead of the show. This year's event is included in the Broadcast Management Conference (BMC). Registration for the BMC is included with NAB Show Flex or SMART Pass Registration and is required for attendance. If you would like to attend as our guest, please email nabstrategy@silverwoodpartners.com to request a VIP registration. Please act quickly; these are available on a selective basis. As always, Silverwood will have a full team available at the NAB show, and we would welcome the chance to meet with you during the show to elaborate on the topics raised in our analysis as well as to discuss your business and strategic objectives. To schedule a meeting at NAB, please contact:

Jonathan Hodson-Walker T: 508-651-2194 E: jhw@silverwoodpartners.com Joshua J. Stinehour T: 508-651-8134 E: jstinehour@silverwoodpartners.com

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