Tuesday, May 08, 2007

All Akimbo

In one of the very firsts posts on this blog I predicted that startup IPTV companies like Akimbo, were on a hiding to nothing, and so it has come to pass. Akimbo has announced that it is giving up selling its STB after four years of trying and reinventing itself as a video download service, positioning itself against the likes of Joost, Vizumi, CinemaNow, WalMart, Democracy, Apple, Lovefilm, CinemaNow, Blockbuster.... you get the picture...

The company does have a great catalogue of content, but is going to find it tough going. This seems to be part of a trend of companies who are seeking to become destinations and networks rather than service providers.

2 comments:

thomas f. frank said...

Hi, this is Tom Frank, CEO of Akimbo. I just want to clarify that Akimbo has always seen itself as an Internet video-on-demand download service. We are indeed a service provider that works with a range of companies, including AT&T and Microsoft, to bring our video collection into people’s homes on the TV or the PC. Even as the market has become saturated with other approaches to Internet video, our central mission hasn’t changed and we look forward to expanding our network of distribution partnerships as well as the content relationships that make the Akimbo video collection so compelling.

IP Jones said...

Thanks for the clarification.