Streaming media app Plex today announced that it has acquired the streaming news service Watchup.
The companies did not disclose terms of the deal.
Watchup offers a personalized and aggregated platform for viewing news. The company has more than 150 publisher partners including CBS, CNN, Vox, Euronews, and Hearst Television. Other publishing companies, including Tribune Media, Turner Broadcasting and McClatchy, are also involved.
“By joining Plex, we are accelerating the pace of this transition in partnership with many of the most trusted news organizations. Together with the unparalleled streaming device footprint of Plex, we can reinvent the video news experience for today’s news viewers,” said Adriano Farano, founder and CEO of Watchup, in a statement.
“At McClatchy we have always prided ourselves on being an independent, trustworthy news provider that is not afraid to innovate and change with the times,” said Andy Pergam, vice president of Video and New Ventures for McClatchy, in a statement. “We believe in the premise of Watchup and have worked with them for years. We see Plex as the way forward for delivering on the promise of serving trusted, reliable news and content through a platform that makes it easy to access by the consumer.”
“People have to navigate a ridiculous number of interfaces and apps to get to their favorite content,” said Keith Valory, CEO of Plex, in a statement. “Our mission at Plex has always been to provide our users with one simple and personalized window into all of their media, accessible from any device. Adding a trusted and reliable news experience into Plex, so that people can choose and organize the news they care about along with the other content they care about, is a natural next step for us.”
For Plex, the acquisition not only gives its more than 10 million users access to several news publications, but also brings the Watchup team over to Plex.
The acquisition announcement comes shortly after Plex announced the addition of DVR capability to its platform. By partnering with SiliconDust, Plex allows users to record and save content from over-the-air broadcasters.