Alchimie Enters the U.S. Market With the Acquisition of Some of TV4Entertainment's Thematic Channels
Regulatory News:
Alchimie (Paris:ALCHI) (FR0014000JX7 ALCHI), an OTT (over the top) subscription video on demand (SVoD) platform featuring original and exclusive thematic channels published jointly with media groups and talents, today announces the acquisition of the publishing assets of TV4Entertainment, the global leader in OTT streaming channels.
Through this operation, Alchimie is acquiring a portfolio of nearly ten thematic SVOD channels, such as Motorland (Motors), DocCom TV (documentary), Nautical Mile (boating), Gone TV (hunt/Fish), Inside Outside (home and garden), comprising thousands of hours of streaming content and targeting underserved and passionate global communities. The assets already include a base of nearly 15,000 subscribers representing sales of nearly 1 million USD.