German media company ProSiebenSat.1 has closed down its streaming video portal MyVideo to focus on its video-on-demand (VOD) service maxdome.
German video-on-demand (VOD) service maxdome will remain in the red this year in contrary to earlier expectations by parent company ProSiebenSat.1.
German telco Deutsche Telekom wants to launch a video-on-demand (VOD) service showing exclusive TV series.
ProSiebenSat.1 can continue to show movies and series from 20th Century Fox on its free-to-air and pay-TV channels and on video-on-demand service maxdome.
Ralf Bartoleit, Co-CEO of ProSiebenSat.1 Digital, will become new CEO of maxdome.
Despite strong competition from Amazon Prime Video and Netflix, German media company ProSiebenSat.1 wants to stick with its streaming video service maxdome.
Netflix has won around 5 million customers two and a half years after its launch in Germany.
More than a quarter of German households (28%) are using streaming video services such as Amazon Prime Video, Netflix or maxdome.
Filmon Zerai will join the management board of German TV broadcaster ProSiebenSat.1 TV Deutschland as Chief Digital Officer on March 1, 2017.
Vodafone Deutschland has signed a long-term contract with ProSiebenSat.1 for the distribution of the German media company’s free-TV, pay-TV, HD and video-on-demand (VOD) services on its cable network and IPTV platform.