Friday, March 16, 2018

Desilu Studios Acquires Israeli Digital Streaming Firm

Los Angeles-based content producer Desilu Studios announced this morning that it has acquired the controlling stake in an Israeli digital streaming technology startup, Vonetize, which provides content streaming, distribution, protection and monetization for major studios. Financial terms of the acquisition were not announced. Vonetize, which is traded on the Tel Aviv Stock Exchange, helps distribute content on the Internet for studios. The companies said vonetize counts Samsung, LG, Disney, Warner Brothers, Fox, Sony, Universal and others as customers.