SANTA MONICA, Calif. (PRWEB) November 06, 2017
AMERICAN FILM MARKET – Santa Monica, Calif. – November 2, 2017: JAXtv, a Beverly Hills-based streaming video on demand (SVOD) platform, today announced two major acquisitions in the form of a majority position in Mojo/Inception and a substantial position in Quickflix.
“The completion of this acquisition is really the tip of the iceberg for JAXtv and what we will be delivering to consumers – content that they want, when they want it,” said Pedro Ferre, President of JAXtv. “It is time to take on demand content to the next level and through our partnerships and network we have created, we believe JAXtv is the only SVOD player poised to deliver SVOD the way consumers and content creators want.”
This acquisition allowed JAXtv to become a majority shareholder of Los Angeles based Mojo/Inception and become a substantial owner in Australian-based Quickflix. This acquisition helps round out a larger content delivery model on one of the largest platforms in the world with access to billions of potential subscribers. Together, the companies will work in tandem to deliver unrivaled TV content to viewers with a global telco partner and one of the largest device manufacturers in the world providing the network of viewers from its devices; Quickflix providing the movie content; Mojo serving as the delivery engine and protection to standardize, protect, and deliver the content; and JAXtv providing the TV content. Content on the JAXtv platform is also being provided by a 1,000-hour deal with Hoplite Entertainment to both produce and procure original programming.
“Hoplite is excited to be a part of the next generation of SVOD platforms and delivering content that brings content developers and viewers together,” said Jon Smith, CEO of Hoplite Entertainment. “Over the last few years, Hoplite has developed a massive catalogue of domestic and international productions and has been looking for the right platform to partner with to deliver it to viewers. JAXtv is the platform to deliver the unique content viewers crave.”
The JAXtv SVOD platform unites viewers with content creators in a way that has never existed before. Through this innovative platform, viewers will have access to unique content and will be able to communicate directly with content creators, providing a new model for media consumption.
JAXtv will be at the American Film Market in Santa Monica from November 1 – 8 looking to source some of its content prior to launching its global launch in 2018. For more information about JAXtv, please visit http://www.jaxtv.com.
JAXtv is a streaming video on demand (SVOD) platform that unites viewers with content creators in a way that has never existed before. Through this innovative platform, viewers will have access to unique content and will be able to communicate directly with content creators, providing a new model for media consumption. JAXtv will be launching in 2018. To stay up-to-date on JAXtv and for the latest company news, please visit http://www.jaxtv.com.