VUBIQUITY, TV2U Sign TVOD Deal

VUBIQUITY and TV2U have signed an agreement to work together to rollout transactional video on demand (TVOD) services to some of the most under-penetrated markets in Asia and the Middle East.

Under the deal, TV2U will act as VUBIQUITY's affiliate in up to seven high-growth markets, including Indonesia, the United Arab Emirates, Qatar, Oman and Kuwait. VUBIQUITY will provide the international programming to these new TVOD services, as well as content processing and ongoing promotional support for the content.

The countries covered by the deal are Indonesia, United Arab Emirates, Qatar, Oman, Kuwait, Australia and United Kingdom. Further countries may be added to the agreement at a later date, it is understood.

In these territories, TV2U will provide its video-distributor clients with an end-to-end TVOD solution, including a platform with single login access for end-users to buy and stream films and TV series. This allows TV2U's clients including telecommunications customers, Government organisations, and large media entities to offer customers access to premium movies from major Hollywood studios, as well as dramas, comedies and kids content from US and European TV networks.

The services will enable end-users to stream premium content to any device, including their smartphones, tablets, PCs, smart TVs and set-top boxes.

Adam Poulter, MD of VUBIQUITY, said: "We're proud to be working with TV2U. The developing world is an important source of growth for the video on demand industry, and we are focusing on capturing the market in these booming regions. At Vubiquity, we have been busy launching some of the first-ever video on demand services in Africa and Eastern Europe and are nicely placed to provide a robust, high-quality content services in these under-penetrated markets. We are one of the first companies to take top international films and TV series to consumers in these countries."

www.vubiquity.com

(JP)