RawFlow Buys Aggregator TV
LONDON -- RawFlow (www.rawflow.com) a leading provider of live peer-to-peer (P2P) streaming technologies, has announced the successful acquisition of Aggregator TV, a London based company leading the way in end to end video distribution platforms.
Aggregator, set up 2 years ago and funded by Intel, 3i and Amadeus, developed a foot old in the market for providing a complete video content distribution package. With over 50,000 paid for subscriptions each month to view specialist programmes this move will be of strategic importance to RawFlow developing its peer to peer streaming technologies with the ability to introduce micro-payment systems.
RawFlow has bought Aggregators' entire publishing platform so they now have an end to end video on demand platform which includes setting up portals, payment gateways and handling billing.
The purchase is in line with the ambitions of Selfcast (www.selfcast.com), RawFlow's live peer to peer broadcasting portal to deliver video distribution management coupled with micro-payment systems for Selfcast content producers. Not only will Selfcast be able to provide free, live broadcasting of user generated content but it can provide revenue tools for content producers too.
Mikkel Dissing CEO of RawFlow believes a paid for subscription model is the future of on line broadcasting and comments: "We believe that the content management and payment system on the Aggregator platform fits perfectly with the long term strategy for Selfcast. The whole ethos of Aggregator was that even small or medium sized content providers should be able to make money from the content they provide, this is the ethos and future of Selfcast also."