Multiplatform video services provider Vubiquity has acquired UK-based FilmFlex Movies, formerly a joint venture between Sony Pictures Television and The Walt Disney Company. FilmFlex is one of the largest VOD and multiplatform providers outside the United States, and has licensing agreements with major US studios and independent distributors.
Vubiquity’s acquisition of FilmFlex follows the launch of the company’s AnyVU Cloud platform, which offers a set of modular services including a 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 monetisation models for multiplatform video consumption.”
FilmFlex offers a customisable digital video storefront, already used by service providers including Virgin Media, TalkTalk, Film4 and EE.
“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,” commented Jeff Henry, FilmFlex’s CEO. “We look forward to continued growth together as we integrate our companies.”