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.
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.
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