UK IPTV Firm Inuk Gets Much-Needed Buy-Out From Move Networks

Microsoft-funded, Utah-based online video firm Move Networks is acquiring Welsh IPTV distributor Inuk Networks in what looks like a much-needed move to prop up the business. The Abercynon-based Inuk operates a PC IPTV service, Freewire, that delivers free-to-air and premium channels over broadband to about 100,000 students in university halls of residence through agreements with several universities. Inuk had also been trying to market its technology to pay-TV platforms on a wholesale basis as a means to give consumers an internet-based TV extender, but, when I met with CEO Marcus Lissiades in November, had so far failed to snag any clients outside academia. Read the full story at our sister site paidContent:UK