TV streaming service TVPlayer nets £5m funding as investors tune in
TVPlayer, a television streaming spin-off, has completed a £5million investment round led by US cable TV giant A&E Networks.
As part of the deal, TVPlayer has demerged from its parent company, Simplestream, to become a standalone business. Chief operating officer Rob Hodgkinson said: ‘We’ve spun TVPlayer out from Simplestream, which started in 2011 as a software company to build the equivalent of BBC iPlayer for other broadcasters. If you’re the Discovery Channel or QVC and you’re looking to stream your content through your website or an app, Simplestream will help you stream that... read more
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