Times Bridge invests in UK-based VoD platform.
Indie film streaming service Mubi
has received investment from Times Bridge, the investing wing of India’s largest media conglomerate.
Source: Mubi / Times Bridge
Times Bridge will support Mubi’s expansion into the burgeoning Indian market, which is already the company’s third largest territory in terms of traffic and registered users.
Mubi is now aiming to establish stronger relationships in India including with film festivals, local producers, and emerging talent.
Times Bridge joins China’s Huanxi Media
in making investment in Mubi. The Indian company will provide the streaming service with ongoing counsel on brand positioning, monetisation, advertising and public policy and will also facilitate local partnerships and relationships with Indian influencers.
In December, Screen
reported that Mubi is likely to become cash-flow positive for the first time in 2018. While no official figures have been released, the company’s subscriber base is said to be around 100,000. It also recently