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…
Accedo, the video experience pioneer has today revealed that it has raised $17M in equity to further drive its growth over the coming years. This round of financing was led by SEB Private Equity, a Stockholm based private equity team and already a substantial investor in Accedo.
Accedo was founded in 2004 by Michael Lantz and Fredrik Andersson with the vision of providing the future of internet distributed video services. Today, Accedo is…