BroadbandTV Increases Subscribers to 100 Million and Reaches a Billion Monthly Impressions
By BroadbandTV via the Financial Post
BroadbandTV, one of the largest Multi-Channel Networks (MCN) on YouTube, signaled its continued growth today by announcing that it has reached a billion monthly impressions. The network now boasts more than 100 million subscribers from over 10,000 content partners, an increase of 2,200 content partners in just two months.
In June this year, the company announced an initial $36 million investment from RTL Group, the leading European entertainment network. At the time, the deal marked the largest private placement in a Canadian Internet media company since 2007 and will support the business in its expansion plans.
“With growth comes increased competition and we’re looking forward to showing the market how we are different,” said Shahrzad Rafati, Founder and CEO. “Our proprietary technology platform benefits content creators of all sizes and we have a compelling road map of features that we can’t wait to release to make our content creator community even more successful.”
BroadbandTV’s online Multi-Channel Network or “MCN” line of business consists of its two brands, VISO and TGN. Together, VISO and TGN achieve more than one billion monthly impressions, from 100 million subscribers from over 10,000 content partners.
Headquartered in Canada, BroadbandTV’s MCN business runs parallel with the company’s Content Management line of business. The business works with a number of major brands, including the NBA, Discovery and A&E to provide accurate and scalable content detection and monetization solutions to generate significant revenues from their fan uploaded content.