Livestation is attributing a staggering 1,047% increase in traffic over the last six months to recent news events in the Middle East. The broadband TV platform says it is now enjoying audiences in the region of 10 million viewers per month.
Key drivers have been BBC World News and Al Jazeera English, which are generally unavailable in the United States, and are two of the most-viewed channels on Livestation. The company claims that its mobile apps are delivering more mobile video traffic than many major newspapers combined. It has also just closed its first profitable quarter.
Lippe Oosterhof has now taken over as CEO from founder Matteo Berlucchi, who remains on the Livestation board. Oosterhof is a former head of business development at online video outfit Brainiet and head of business development and advertising sales at Breakingviews.com.