French startup Quortex, developer of an AI-based video streaming service, has closed a €2.5 million seed round led by Elaia and Go Capital, with support from Unexo and some business angels. The funding will help expand the company’s “Just In Time” platform, a cloud-based combination of services that automatically adjust to network events and audience […]
Netflix has just reported another record quarter on the books: the popular streaming service added over 8.3 million new streaming subscribers in the fourth quarter of 2017 alone, posting around $3.29 billion in quarterly revenue and pledging to spend $7.5 billion-$8 billion in 2018 on new content. At Netflix emerges as a content creator and […]
Wuaki.tv, the Spanish-born video streaming service owned by Japan’s Rakuten, has 2 million users and plans to reach a ton more in Europe, but it will have to duke it out with the likes of Netflix and Amazon.
Although it remains heavily fragmented, Europe will see a surge in video-on-demand services in the coming years. The question is: will local players be able to withstand the likes of Netflix and Amazon?