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iflix to launch video streaming service in South-east Asia this year

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Published Mon, Mar 9, 2015 · 09:50 PM

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    Singapore

    IFLIX, a new video-on-demand platform tipped to be Asia's answer to the American Netflix and a contender to Singtel's recently-announced Hooq, is set to launch in South-east Asia this year. To boot, an initial public offering - reportedly on the Nasdaq within the next two years - is on the cards, BT has learnt.

    Founded by Patrick Grove, the Singapore-born chief executive of investment firm Catcha Group, and Evolution Media Capital - an investment bank focused on the media, sports, and entertainment industries - iflix is a subscription service offering premium television and film content from Hollywood and Asian studios.

    Netflix

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