20th Century Fox takes 4% share in Italy’s T-VOD service Chili
March 4, 2018 08.00 Europe/London By Robert Briel
20th Century Fox has taken a 4% share in Chili, the T-VOD founded by Stefano Parisi and Giorgio Tacchia in 2012, for EUR6 million.
20th Century Fox is just the latest of the major joining the company’s stock. Among the other partners are Warner and Paramount, with 4% each, and Sony with 3%. At the end of 2017 coffee producer Lavazza also acquired a larger minority stake, equal to 25% of the shares.
Other shareholders include Fondo Antares (11%), Investinchili (7%), Negentropy with Capiscum (12%) and Tony Miranz, the founder of Vudu (1%).
Chili’s control remains however at Brace, the vehicle created by the two founders Stefano Parisi and Giorgio Tacchia, which holds 30%.
Chili is a T-VOD service which offers cinema previews, new releases, a digital catalogue with over 30,000 films and TV series.
Chili offers current movies from €3.99 for rent and from €9.99 as a download-to-own proposition. Series are available from €1.99 per episode. The titles are provided in SD and HD quality, with selected titles inn Ultra HD/4K.
The OTT service can be accessed via the open internet, through apps (iOS/Android), Google Chromecast and connected TV sets from Samsung, Toshiba, LG, Philips, Panasonic, Sony and HiSense.