As the Russian video streaming service segment is booming. The major players are securing funding and launching original content production.
Last month, Russia’s largest video streaming platform, ivi.ru, said it is considering an IPO on Nasdaq by the end of this year with JP Morgan Chase underwriting the floatation, bne IntelliNews reported in February.
Back in 2018, ivi.ru CEO Oleg Tumanov mentioned the possibility of an IPO in 2020 and the company has been talking about since 2013. The move would make ivi.ru Russia’s first online video service to go public, also making it the segment’s highest valued company, worth over $700 million according to analysts quoted by Kommersant.
Russian video streaming platforms gain speedRead More
