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Liberty joins Iflix backers in $90m funding round

March 8, 2017 08.13 Europe/London By Julian Clover

Liberty Global has joined a $90 million funding round for Iflix, the subscription OTT service targeting the emerging markets.

Iflix launched in May 2015, initially in Malaysia, Thailand and the Philippines, The new funding round plans to take it across Asia.

Users have unlimited access to tens of thousands of hours of content from a library of Hollywood, Asian regional and local TV shows and movies.

The service is available on multiple connected mobile devices including tablets and smart phones.

Also participating in the round is the Kuwait-based mobile phone operator Zain and previous investors Sky, Catcha Group and Evolution Media Capital. The fund backed by CAA and TPG Growth,

Sky invested $45 million in Iflix last year.

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Filed Under: Newsline Tagged With: Iflix, Liberty Global, Zain Edited: 8 March 2017 08:13

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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