iFlix dubbed as the Netflix Clone from SouthEast Asia by Techcrunch that reported on them when they snagged US$30million in prelaunch funding in April last year – is now expanding to the Caribbean. They are on the hunt for a CEO for their expansion into the Caribbean.
Some members from iFlix top-management were in Jamaica recently to start negotiations with telco operators and content providers. We were told that “They would like to kick-start operations within the next few months, probably depends also on how fast we can find a rockstar CEO :).”
They then scored another US$45million in funding from Sky. According to a March 9th, Techcrunch report “ UK broadcaster Sky is putting focus on emerging markets and online streaming after it made a $45 million investment in iFlix, a one-year-old company that rivals Netflix in Southeast Asia.”
iFlix is the largest subscription video on demand service in Southeast Asia.
We haven’t heard of them scoring any Caribbean Content deals ahead of officially opening here in the region, but we’ll keep you posted.
eCommerce10 months ago