Eschewing the tradition of trying to predict what’s going to happen over the next year, here instead are some OTT industry developments that I think we’ll be talking about in 2019.
Synamedia, the largest independent video software provider, today announced that Sky, Europe’s leading media and entertainment company, has taken a stake in the business, joining majority shareholder the Permira funds.
Sky’s shareholding reinforces Synamedia’s position as a strategic long-term technology partner to a growing roster of market-leading pay-TV operators and media companies worldwide.
Both Sky and its parent company Comcast are long-time Synamedia customers as well as strategic development partners.
Andrew Griffith, Sky’s
Barclays Corporate Banking has announced a doubling of its SVOD (subscription video on demand) fund to support UK TV producers.
The £100m fund was launched in March 2017 in response to the rapidly evolving TV production landscape, with the rise of subscription services such as Netflix and Amazon Prime Video changing the way that original programming is financed.
Conventional TV production loans are usually repaid as the content is delivered with the broadcaster paying the