Multiplatform video services company Vubiquity announced Wednesday that it has acquired U.K.-based FilmFlex Movies Ltd., which claims to be the biggest supplier of VOD content and storefront services in Europe.
Launched in 2005 as a joint venture by The Walt Disney Company and Sony Pictures Television, FilmFlex provides online, on-demand films from a wide range of U.S. studio suppliers to European media companies including Virgin Media, TalkTalk, Film4 and EE. It says it has engaged in more than 90 million transactions since launch.
The acquisition, Vubiquity says, extends its relationships with major global content and service providers and adds new licensing and digital storefront capabilities to Vubiquity's offerings. Two years ago, Vubiquity acquired another U.K.based VOD company, the On Demand Group, from SeaChange International.
The deal also follows the launch of the Sherman Oaks, Calif.-based Vubiquity's AnyVU Cloud platform, which offers a broad set of modular services that include a deep library of licensed content for both linear and on-demand, set-top box delivery and direct-to-subscriber streaming, electronic sell-through (EST), as well as other next-generation video services. FilmFlex's digital storefront, assets and capabilities will be integrated into the new platform, and offered as part of the suite of modular services available to Vubiquity's customers.
"Vubiquity remains focused on expanding the breadth of our managed services and technical solutions that today support content and service providers worldwide," said Darcy Antonellis, CEO of Vubiquity. "With FilmFlex we add additional studio assets and licensing, and gain important front-end technology to enable EST and other monetization models for multiplatform video consumption."
- see this press release
- see this Multichannel News story
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