Vubiquity buys FilmFlex from Sony and Disney
Staff Reporter | On 28, May 2014Reading time: 2 mins
FilmFlex, the UK video on-demand service started by Sony and Disney, has been sold to Vubiquity.
FilmFlex Movies Ltd. is one of the largest VOD and multiplatform providers outside the United States. Its white label digital video storefront powers the pay-per-view downloads and rentals for Film4OD, Virgin Media, TalkTalk and EE.
The company has licensing agreements with major US studios and many independent distributors and logged over 90 million transactions since its launch.
Vubiquity announced its acquisition of the company today and said that bringing the two companies together would extend their relationships with major global content and service providers.
“Vubiquity remains focused on expanding the breadth of our managed services and technical solutions that today support content and service providers worldwide,” comments 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.”
Vubiquity’s acquisition of FilmFlex follows the launch of the company’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.
“With the addition of FilmFlex’s proven, carrier-class digital storefront to the AnyVU Cloud platform, Vubiquity offers a complete end-to-end solution for quickly launching and monetizing multiplatform digital video services, while also allowing service providers who prefer a modular approach to choose only those services that fit in with their strategic plans,” continued Antonellis.
“FilmFlex’s assets and capabilities, when merged with Vubiquity’s reach and scale, result in a very large opportunity for both companies–and for the customers we share,” said Jeff Henry, FilmFlex’s CEO. “We look forward to continued growth together as we integrate our companies.”