FilmOn TV Networks buys CinemaNow


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Editor

| 28 January 2016




In a move that sees premium films and next-day TV added to the over-the-top (OTT) provider’s roster, FilmOn TV Networks has acquired CinemaNow.



Founded in 1999 CinemaNow is said to be one of the pioneers in providing transactional digital storefronts of premium film and TV content. It was formed by a group that initially included Cisco and Microsoft, and offers over 55,000 premium movies and television episodes with approximately 150 new items added each week. It is available on Roku, Play Station, Xbox, Apple iOS, Samsung and other second screen platforms.

Led by industry stalwart Alki David, FilmOn claims to be the first over-the top (OTT) content delivery platform to offer licensed Hollywood films and TV in the first digital tier window available from studios and networks. The acquisition expands the reach of CinemaNow's content to FilmOn.com's 70 million monthly users around the globe.

CinemaNow will continue operations as a provider of transactional video-on-demand (TVOD) new release premium films and television episodes to buy, rent and view from major licensors including 20th Century Fox, NBC Universal, Lionsgate, eOne, Paramount Pictures, Sony Pictures, Warner Bros and The Walt Disney Company. Going forward CinemaNow will distribute the exclusive content FilmOn owns, including FilmOn TV Network's original programming.

"We are very excited about the addition of CinemaNow," said FilmOn TV Networks CEO Alki David. "Our goal has always been to advance legal access to great content for the benefit of the consumer. Now we're working with all the major studios and broadcasters to build the future of entertainment together ... This is the first of many substantial acquisitions FilmOn TV Networks will make in 2016. Movie libraries, VR patents, original content: more game changing moves changing the entertainment business."