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Iyuno

6 known investors

Global media localization provider offering dubbing, subtitling and access services in over 100 languages to studios and streamers.

Also known as Iyuno Media Group Β· Iyuno SDI Β· Iyuno-SDI Group Β· Iyuno, Inc.

Investors Β· 6

Also in the syndicate Β· 2

IMM Investment Corp.leadSoftBank Vision Fund 2lead

Company profile

researched Aug 2026

Iyuno is a media localization company providing subtitling, translation, dubbing, access services, media management, transformation and distribution to the entertainment industry. Services are offered in over 100 languages for studios, broadcasters, streaming platforms and content creators. Following the 2021 combination of Iyuno Media Group and SDI Media, the group operated 67 offices across 34-35 countries.

The company was formed from two long-established localization businesses. Iyuno was founded in Korea in 2002 by David Lee and two friends, whose names formed the company name; SDI Media traces its roots to the Swedish subtitling business Svensk Text and, per company materials, to industry activity dating back to 1965. Iyuno acquired BTI Studios in 2019 and SDI Media in 2021, and rebranded from Iyuno-SDI Group to Iyuno in October 2022.

Iyuno positions its offering around cloud-based localization workflow software and proprietary neural machine translation engines trained on entertainment-specific data, paired with human linguistic and cultural adaptation work such as screening content for market-specific sensitivities. Headquarters are described variously as Burbank, California and as London and Los Angeles; the company also has Seoul origins.

Founding story

David Lee, a Yonsei University engineering graduate who had planned to study abroad and work at NASA, took a part-time job at a small translation agency. After pay was delayed, he and two friends started their own agency in 2002; the name Iyuno was formed from the first syllables of the three founders' names. Lee also wrote video-editing software, later selling the technology to CJ PowerCast. After years of losses, he relocated to Singapore in 2011 to pursue multinational broadcaster clients, winning work from Sony Pictures Entertainment, which stabilized the business.

Business model

Iyuno sells media localization services to content owners and distributors, combining in-house creative talent and studio facilities with proprietary cloud software and neural machine translation engines. Work is delivered through a network of owned offices and dubbing facilities across many countries, supported by a large freelance talent pool alongside permanent staff.

Revenue comes from localization service work β€” subtitling, dubbing, access services, media processing and distribution β€” for entertainment clients. The founder forecast roughly 600 billion Korean won (about $503 million) of revenue for 2022.

Traction

As of early 2022 the company reported 67 offices in 34 countries, work in 100 languages, roughly 30,000 people including freelancers, a 2022 revenue forecast of about 600 billion won ($503 million), and a stated corporate value of 1.2 trillion won. Clients cited include Netflix, Disney, Amazon Studios and Apple TV. In 2023 the company was targeting a Nasdaq listing in the second half of 2023 and was selecting underwriters.

Latest developments

Iyuno acquired Sao Paulo dubbing studio Unidub Brazil in January 2024. In August 2024 the company confirmed a security breach that resulted in unauthorized leaks of Netflix titles slated for 2024 and 2025. In March 2025 it opened a third Berlin dubbing facility. Reported in 2026: adoption of Dante AV for synchronized IP video and audio delivery, and the launch of CLOE, described as a contextual intelligence layer for global content localization.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Iyuno is described as a leading global provider of media localization and access services to the entertainment industry. In 2022 its founder said it held over 15% of the global translated-subtitle market and was the largest provider worldwide. Comparable companies cited include BTI Studios, Verbit.ai, ZOO Digital Group, Keywords Studios, Red Bee Media and LIPSYNC POST.

Management describes the company's value as cultural localization rather than literal translation, including reviewing content for market-specific sensitivities, combined with scale: 67 offices, more than 100 languages, and proprietary cloud workflow and entertainment-trained machine translation technology. Its founder claimed over 15% of the global translated-subtitle market, describing Iyuno as the largest provider worldwide.

Technology

The company operates proprietary cloud-based software for performing subtitling, dubbing and accessibility work at scale, and has built its own neural machine translation engines trained on data from specific entertainment genres. Management has cited priorities in AI, workflow automation, machine translation and global technology infrastructure. In 2026 it announced CLOE, a contextual intelligence layer for global content localization, and selected Dante AV for synchronized video and audio delivery over standard IP networks. Reported tooling includes Figma, AWS Cloud Development Kit, GitHub Actions, Microsoft Intune, jQuery, Fortinet FortiGate and Vimeo.

Go-to-market

Iyuno sells directly to major studios, broadcasters and streaming platforms, and has grown through a sustained acquisition program, including BTI Studios (2019), SDI Media (2021) and Unidub Brazil (2024), with management indicating interest in further M&A in Latin America and continental Europe.

Film and television studios, broadcasters, streaming and OTT platforms, and content creators. Named clients include Netflix, The Walt Disney Company, Amazon Studios and Apple TV; Disney+ content libraries and numerous anime series and films dubbed into English are among the work cited.

Geography

Following the SDI Media combination, the group operated 67 offices in 34-35 countries, with headquarters cited as Burbank, California and as London and Los Angeles. Operations span Asia, Europe and North America, with Nordic branches including SDI Media Norway in Oslo (formerly Sun Studio Norge), a Sao Paulo studio acquired via Unidub in 2024, three dubbing facilities in Berlin as of March 2025, and Belgium and Netherlands operations. The business began in Seoul and expanded via Singapore from 2011.

History

The lineage of the business dates back to 1965/1974 through the SDI Media side, which began as Svensk Text; Modern Times Group acquired a majority holding in 1990, sold it to Warburg Pincus for $60 million in 2004, and it passed to Elevation Partners in 2007, which added Visiontext (bought from Ascent Media) in 2008. In 2015 Imagica Robot Holdings, Sumitomo Corporation and the Cool Japan Fund acquired SDI Media. The Iyuno side was founded in Korea in 2002 and expanded internationally from 2011, acquiring London-based BTI Studios in 2019 to form Iyuno Media Group. Iyuno agreed to buy 100% of SDI Media from Imagica Group in January 2021 and closed the deal in March 2021, creating Iyuno-SDI Group, which was renamed Iyuno in October 2022. Subsequent activity includes the acquisition of Unidub Brazil in January 2024 and a new Berlin dubbing facility in March 2025.

Risks & controversies

In August 2024 Iyuno confirmed a security breach in which an unidentified individual or organization obtained and leaked several Netflix films and series scheduled for 2024 and 2025 release across social media, prompting concern about content security among media clients. The company's founder has also acknowledged an extended early period of losses and staff departures before the business stabilized.

Compiled by commissioned research from 6 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Corporate valuationFeb 20221.2 trillion Korean won
Countries of operationMar 202134
Global market share of translated subtitlesFeb 2022Over 15%, described by the founder as the largest worldwide
Languages supportedMar 2021100 languages
OfficesMar 202167 offices
Revenue forecastJan 2022$503M
Workforce including freelancersFeb 202230,000 people

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 11

launches, deals, and filings
Apr 2026
Launch of CLOE, a contextual intelligence layer for content localization

Iyuno unveiled CLOE, described as a contextual intelligence layer for global content localization.

source β†—

Feb 2026
Iyuno selects Dante AV from Getdante

Iyuno selected Dante AV to deliver synchronized video and audio over standard IP networks.

source β†—

Mar 2025
New dubbing facility opened in Berlin

Iyuno expanded its German footprint with a dubbing facility in Berlin, its third in the city.

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Aug 2024
Security breach leads to leak of unreleased Netflix titles

Iyuno confirmed a security breach in which an unidentified party obtained and leaked several Netflix films and series scheduled for 2024 and 2025 release on social media platforms.

source β†—

Jan 2024
Iyuno acquires Unidub Brazil

Iyuno acquired Unidub Brazil, a Sao Paulo-based dubbing studio.

source β†—

Feb 2023
XL8 Inc. partners with Iyuno

Machine translation company XL8 announced a partnership with Iyuno.

source β†—

Jan 2023
Jesse Bergsma appointed managing director of Belgium and Netherlands operations

Former Chellomedia and Canal+ executive Jesse Bergsma joined Iyuno as managing director of its Belgium and Netherlands operations.

source β†—

Oct 2022
Iyuno-SDI renamed to Iyuno

The company was rebranded from Iyuno-SDI Group to Iyuno.

source β†—

Mar 2021
Iyuno completes acquisition of SDI Media, forming Iyuno-SDI Group

Iyuno Media Group completed the acquisition of 100% of SDI Media, creating Iyuno-SDI Group with 67 offices in 34 countries. David Lee became CEO and former SDI Media CEO Mark Howorth was named President.

source β†—

Jan 2021
Iyuno Media Group agrees to acquire 100% of SDI Media from Imagica Group

Iyuno Media Group announced an agreement with Imagica Group to acquire 100% of SDI Media.

source β†—

Jan 2019
Iyuno acquires BTI Studios, forming Iyuno Media Group

Iyuno acquired London-based BTI Studios to form Iyuno Media Group; founder David Lee became executive chairman and former BTI Studios CEO Shaun Gregory became group CEO.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Iyuno do?
Global media localization provider offering dubbing, subtitling and access services in over 100 languages to studios and streamers.
Who are Iyuno's investors?
Iyuno's investors include Altor, Shamrock Capital, SoftBank Vision Fund, IMM Investment.