Ukrainebased Divantv has launched an internation

first_imgUkraine-based Divan.tv has launched an international OTT service targeting Russian and Ukrainian-speakers.The combined live TV and subscription video-on-demand service will target the estimated 300 million Russian and Ukrainian speakers worldwide with an offering of 60 live channels and VoD for US$9.99 (€7.36) a month.Divan.tv will be available on LG, Samsung, Philips, Sony and Panasonic smart TV portals as well as the Roku media player and Android and iOS tablets.Divan.tv said it would spend “millions of dollars” on developing the global service, with a target of breaking even in two and a half years. The company will now split its head office functions between California and Moscow, leaving only research and development and back-office functions in Ukraine.“We are happy to introduce TV Everywhere concept (Smart TV, STB, tablets, laptop) for all our audience worldwide. We plan to serve up 2 million customers in upcoming three to four years,” said founder of Divan.tv and managing partner of AVentures Capital Andrey Kolodyuk.Divan.tv launched in Ukraine in 2009 and says it has attracted about 125,000 users with a mix of freemium and subscription services. The service has previously signed deals with a number of international content providers including Scripps Networks, and recently expanded its reach by signing deals with a number of local ISPs as well as launching iPad and Android tablet apps.last_img read more

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Vivendi has reportedly upped its stake in Telecom

first_imgVivendi has reportedly upped its stake in Telecom Italia to 24.9%, taking it close to the limit that would trigger an obligatory public offer to take over the Italian telco.According to various press reports, citing the US Securities and Exchange Commission, Vivendi now owns almost a quarter of the stock of Telecom Italia, following its purchase of an additional 148 million shares between March 1 and March 9 for €155 million.Vivendi has increased its influence with Telecom Italia in stages over the last few months, upping its stake and securing the appointment of four additional members of the Telecom Italia board. The French media group has also reportedly pressed for the replacement of Telecom Italia chief executive Marco Patuano and a change in the company’s strategic focus.last_img read more

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