Expect Internet TV service iflix to raise well in excess of US$100 million as it presses on with delivering great entertainment value to its subscribers.
Internet TV service and iflix has formed an advisory board comprising business and creative leaders from Hollywood, including famous producer Brian Grazer and Metro-Goldwyn Mayer CEO Gary Barber.
iflix said it has entered into multiple content agreements with Twentieth Century Fox Television Distribution, BBC Worldwide and Warner Bros. International Television Distribution (WBITD).
Catcha Group’s South-East Asian Internet TV service startup iflix said it has entered an agreement with Vimond Media Solutions for continued development of its Internet TV platform.
Singapore has just about arrived as a global startup hub, while Malaysia is still struggling to become a regional one. Is there a role that Malaysia can still play? DNA executive editor A. Asohan thinks so.
The Philippines is shaping out to be South-East Asia’s video-on-demand (VOD) battleground with the Catcha Group subsidiary iflix securing US$30 million, in an investment round led by Catcha itself and the Philippine Long Distance Telephone Company (PLDT).
ASX-listed e-commerce company Ensogo Ltd has managed to raise another A$38 million (US$29.7 million) from institutional investors, by issuing 183 million new shares.
Catcha Group has announced that former AirAsia X Bhd chief executive officer Azran Osman-Rani has been appointed chief executive officer (CEO) of iflix Malaysia, and chief operating officer of the iflix Group.
ASX-listed Ensogo Ltd said it has entered into an agreement with WF Asian Reconnaissance Fund Limited (Ward Ferry, a fund managed by Ward Ferry Management) for the placement of 58,823,530 new Ensogo shares to Ward Ferry at a price of 17 Australian cents (US 13 cents) per share.
After weeks of market buzz, Internet entrepreneur Patrick Grove’s Catcha Group has officially announced ‘iflix,’ its entry in the Video On Demand (VOD) space, just about a month after Singapore Telecommunications Ltd (Singtel) unveiled its own Netflix-type service.