What AI Media does

AI-Media Technologies Ltd (ASX: AIM) is an Australian-listed provider of AI-powered captioning, translation, and audio description solutions, founded in 2003 and headquartered in North Sydney. Its technology stack combines the proprietary LEXI AI tool kit (LEXI Text ASR, LEXI Voice real-time translation, LEXI Recorded, LEXI Translate, LEXI AD audio description, LEXI AI generative AI, plus LEXI Local for on-prem and LEXI DR for failover) with a hardware portfolio of SDI/IP/RTMP encoders (Encoder Pro, Alta, UHD592, AIX-1) and display devices (LEXI Viewer, Ai-Live), all connected via the iCap Cloud Network — described as the world's largest caption delivery infrastructure, carrying 111.5 million minutes of content in FY23.

The company monetizes through a mix of recurring subscriptions (LEXI Text monthly and Power User packages, Hardware-as-a-Service on encoders), usage-based pricing (LEXI Voice at $30/hr per language, LEXI Recorded from $0.20/minute), tiered support contracts (Essential, Business, Enterprise), and professional services including Smart LEXI hybrid human/AI curation. It sells directly into enterprise broadcasters and government, via self-serve cloud subscriptions for mid-market, and through channel partners and OEM integrations (PlayBox Neo, Audinate/Dante) across Australia, North America, the UK, Canada, South Korea, and Singapore.

The business is at an inflection point. In 1H26, technology revenue grew 19% to $41.1m and ARR grew 80% to $30m, but group revenue declined 6% with negative EBITDA of $1.7m, leading the company to withdraw its FY29 targets of $150m revenue and $60m EBITDA in February 2026 amid investor concerns about ASR commoditization from foundation model providers. The EEG Enterprises acquisition (2021, up to US$34m) anchors its North American presence, while new launches (LEXI Voice Encoders, ADA Title II compliance program, LEXI AD) and partnerships (PlayBox Neo, Audio Visual Events) define the forward strategy.

Name

AI Media

Legal name

Ai-Media Technologies Ltd

Website

https://ai-media.tv

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

101–250 employees

Short description

AI-Media Technologies (ASX:AIM) provides AI-powered live and recorded captioning, real-time voice translation, and audio description through its LEXI software suite, proprietary encoders, and the iCap Cloud Network, serving broadcasters, sports venues, government, education, and corporate clients globally.

Ownership category

akta.pro rank

Product category

AI-Powered Captioning and Translation Software

NAICS

Postproduction Services and Other Motion Picture and Video Industries (51219), Motion Picture and Video Industries (5121), Software Publishers (513210)

SIC

Services-Motion Picture & Video Tape Production (7812), Communications Equipment, Nec (3669)

akta.pro primary industry

Conversational AI Platforms (chat/voice bots, orchestration) (HDAAAFAC)

akta.pro secondary industry

Content-Aware/AI Media Processing (Per-Title Encode, Scene Detection) (MPAHAHAH)

Keywords

• AI captioning solutions
• Live broadcast captioning
• Speech to text software
• Real-time language translation
• Accessibility compliance tools

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Supply Chain

Revenue model

1. LEXI Subscription Services: Monthly or annual subscription packages for LEXI Text automatic captioning. Includes monthly usage packages, block packages (hours usable within 12 months), and Power User 24/7 subscriptions. Revenue recognized over subscription term.
2. Hardware-as-a-Subscription (HaaS): Hardware encoders (LEXI Text Encoder, LEXI Voice Encoder) offered via subscription model replacing traditional Capex. Minimum 12-month terms with flexible cancellation thereafter. Includes support, enhancements, and security updates.
3. LEXI Voice Usage: Per-language hourly pricing at $30 USD/hr for LEXI Voice translation when combined with active LEXI subscription. Usage-based consumption model.
4. LEXI Recorded: Per-minute pricing for automated recorded content captioning. Starting from $0.20 USD per minute. Usage-based consumption for time-sensitive news clips, highlights, and promos.
5. Professional Services: Managed services including captioning job management, scheduling, monitoring, tech infrastructure implementation, and custom dictionary curation. Smart LEXI combines ASR with human curation for guaranteed accuracy.
6. Support Tiers: Tiered support options (Essential included, Business, Enterprise) covering hardware, software, and cloud. Business and Enterprise tiers offer rate locks, assigned account managers, and customized training.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

AI-Media provides AI-powered captioning, transcription, translation, and audio description solutions delivered through its LEXI AI-Powered Tool Kit, hardware encoders, and the iCap Cloud Network. Its proprietary automatic speech recognition (ASR) and AI translation engines serve broadcast, corporate, education, government, sports, and live event customers with live and recorded accessibility content.

Product overview

AI-Media is a technology company providing AI-powered captioning and translation solutions through a platform-plus-modules architecture. The core offering is the LEXI AI-Powered Captioning Tool Kit, which includes multiple integrated modules: LEXI Text (automatic speech recognition for live and recorded captioning), LEXI Voice (real-time AI voice translation), LEXI Translate (caption translation), LEXI Recorded (automated recorded content captioning), LEXI AD (audio description), LEXI AI (generative AI), LEXI Local (on-premises captioning), LEXI DR (disaster recovery), and LEXI Library (caption archiving). This toolkit integrates with AI-Media's Caption Delivery hardware products including SDI encoders (Encoder Pro, Encoder 4K, Encoder Core), IP/cloud encoders (Alta, Falcon, ALTA RTMP), and new LEXI Encoders (UHD592, AIX-1), all connected via the iCap Cloud Network—the world's largest caption delivery infrastructure. Caption Display solutions (LEXI Viewer, Ai-Live) deliver captions to any screen. The company operates a Hardware-as-a-Subscription model and offers tiered support services.

Differentiator

Problem solved

Functional benefit

Brands

• LEXI: AI-powered captioning tool kit covering live and recorded captioning, translation, display, archiving and search, including LEXI Text, LEXI Recorded, LEXI Voice, LEXI Translate, LEXI Library, LEXI AI, LEXI DR, and LEXI Local
• iCap Cloud Network
• Ai-Live
• Smart LEXI

Products and services

• LEXI AI-Powered Captioning Tool Kit
• LEXI Text
• LEXI Recorded
• LEXI Voice
• LEXI Translate
• LEXI AD
• LEXI AI
• LEXI Local
• LEXI DR (Disaster Recovery)
• LEXI Library
• LEXI Text Encoder (UHD592)
• LEXI Voice Encoder (AIX-1)
• Alta
• Falcon / ALTA RTMP
• Encoder Pro (HD492)
• Encoder Pro Card (HD1492)
• Encoder 4K
• Encoder Core (EN537)
• LEXI Viewer
• Ai-Live
• iCap Cloud Network
• AI-Media Support Tiers

Quantifiable outcome

• Over 98% caption accuracy delivered at fraction of human captioning cost
• +4 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability7 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• Audio Visual Events (AVE)coreChannel Partner/ Reseller/ Distributor · 17 November 2025Strategic partnership in Australia to provide live captioning and translation solutions for events. Leverages AI-Media's LEXI platform and AVE's AV equipment. Collaboration aims to expand accessibility and multilingual communication for the Australian live events market.
• PlayBox NeocoreTechnology or Integration · 10 February 2025Integration partnership to embed AI-Media's automated captioning, translation, and real-time voice translation into PlayBox Neo's broadcast playout ecosystem. Includes AI-Media's ALTA 2110 IP broadcast encoder, LEXI Text automated captioning, and LEXI Voice real-time translated voice output. Provides multilingual accessibility tools to broadcasters, universities, government organizations and corporate AV users. Already deployed with Cheddar live streaming financial news network.
• EEG EnterprisescoreStrategic or Co-development Partner · 28 April 2021Acquisition of EEG Enterprises for up to US$34 million including cash, shares, and earn-outs. Acquisition aimed to expand AI-Media's captioning technology portfolio and strengthen presence in North America. Deal funded by equity raising.

Scale indicators11 records

Recent moves6 records

Expansion highlights2 records

Direct peers

• Rev.com: Rev provides AI-powered and human transcription, captions, and subtitles for video and audio content. Both serve media, corporate, and education customers with API-integrated automated captioning workflows at comparable per-minute price points.
• 3Play Media: 3Play Media is a direct competitor offering AI-powered captioning, transcription, and audio description services for broadcast, education, and enterprise. Both companies focus on automated and hybrid captioning workflows with similar customer overlap in education and media production.
• Verbit: Verbit is a direct competitor combining AI speech recognition with human review for captioning and transcription across court reporting, education, and media. Both target enterprise accessibility and compliance use cases with hybrid AI+human service models.
• SyncWords: SyncWords specializes in live captioning, translation, and voice dubbing for broadcast and events. AI-Media has an integration partnership with SyncWords for Dante audio workflows, and both compete in real-time multilingual broadcast captioning.

Emerging players

• Otter.ai: Otter.ai provides AI meeting transcription and real-time captioning for enterprise and education. It overlaps with AI-Media's corporate and education segments but focuses on meeting-centric use cases rather than broadcast captioning infrastructure.
• Speechmatics: Speechmatics provides enterprise-grade automatic speech recognition technology with broad language coverage. Both companies offer ASR APIs and target broadcast/media customers, though Speechmatics is more platform-focused while AI-Media bundles encoders and managed services.
• Deepgram: Deepgram offers AI speech recognition with models for real-time and batch transcription across multiple languages. Both compete for enterprise speech-to-text workloads, though Deepgram is primarily a developer-focused API platform versus AI-Media's broadcast-oriented stack.

Broad incumbents

• Google Cloud Speech-to-Text: Google Cloud Speech-to-Text is a hyperscaler ASR offering with broad language support and continuous model improvements. It represents a commoditization threat to AI-Media's LEXI ASR business at the underlying speech recognition layer.
• Audacity / Adobe Podcast: Adobe Podcast and related audio tools offer AI-enhanced speech transcription and audio cleanup for content creators. As a broader media software incumbent, Adobe represents an expanding competitive footprint in AI-powered audio accessibility workflows.
• Microsoft (Azure Speech): Microsoft Azure Speech-to-Text is a hyperscaler ASR offering that competes with LEXI Text on underlying transcription accuracy and pricing. As a customer of AI-Media itself, Microsoft represents both a buyer and a potential commoditizer of AI-Media's core ASR layer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ai-media_854939
• Xx.com/accessinclusion
• Facebookfacebook.com/aimediaaus

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AI Media