Online Video

Media reports: Online video service ivi.ru starts NASDAQ registration procedure

Just days after the triumphant NASDAQ IPO of Ozon, a leading Russian e-commerce company, another Russian digital major, ivi.ru, has started the registration procedure for a US IPO. No IPO-related documents related to Cyprus-registered company ‘ivi.ru Media Ltd’ are available yet on the SEC’s website, but two unnamed sources “close to the company” confirmed, in an …

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Viral ‘cyberpunk farm’ satirizes Russia’s agritech future

The latest viral sensation taking the Russian internet by storm is… a farm.  A fictional, futuristic “cyberpunk” farm, to be more specific. “Russian Cyberpunk Farm,” which imagines life at a provincial Russian village in a future dominated by tech corporations, has racked up more than 3.5 million views since it was published on YouTube last …

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MegaFon invests in fast-growing challenger on Russian online video market

MegaFon, a major Russian mobile phone operator, is to acquire 33.8% of Digital Media Holding LLC (DMH), the parent company of the Start video service. The amount of the deal was not disclosed, but RBC heard from industry analysts that MegaFon’s stake might have been valued between 1.5 and 2.7 billion rubles (from $19 million to $34 …

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Russian digital majors Ozon and ivi.ru plot US IPOs

Ozon, Russia’s leading multi-category e-commerce company, aims to go public later this year or in early 2021, the company announced Friday, and has started the registration procedure for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC). The company did not provide any details on the potential placement but, according to …

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Deepfake video of Elon Musk singing Soviet space song appears after successful ‘SpaceX’ launch

With the successful launch of the Crew Dragon capsule, Elon Musk’s space travel company SpaceX sent its first astronauts to the International Space Station on May 30. To celebrate the occasion, Russian Internet users released a clever deepfake video of Musk singing “Grass at Home,” a famous song by the Soviet rock band “Zemlyane” (“Earthlings”). Russia’s state space corporation, Roscosmos, …

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Russian online video platform ivi.ru secures giant venture loan from Alfa Bank

Russian online video major ivi.ru has attracted debt financing for the first time. As reported by business daily Vedomosti,  the company received a six-year venture loan from Alfa Bank, amounting to 3.7 billion rubles (some $54 million at the current exchange rate, a considerable sum by local standards).  In addition to the share collateral, the bank has been granted an …

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Russian video publishing startup acquires UK company to get stronger and go global

Russian video platform Viqeo has announced the acquisition of Suggestv, a UK adtech company, as reported by RB.ru. The terms of the deal were not disclosed.  Founded in 2015, Suggestv uses machine learning to increase video views for publishers. These may “automate the embedding of video content in-article to build a predictable pre-roll revenue model and unlock new …

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‘Kinky Russia’ throws Zoom orgies to overcome coronavirus quarantine

Hundreds of people have gathered to watch a live performance online on a Saturday night in Moscow. That’s become normal under the city’s strict coronavirus lockdown rules, but this is no Swan Lake.  Four women have tied a man to a plastic-covered mattress in a sparsely decorated room. He wears nothing but a black face …

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Russian video streaming platforms gain speed

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 …

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Russian culture, education and entreprise software available online for free in times of quarantine

As Russians prepare to life in times of epidemic, a variety of organizations have made their offerings available online for free. Here are a few examples, as reported by Inc. Russia:  Online education platform Netology, a property of Russian billionaire Alexey Mordashov, is offering free access to its video courses on marketing, business and design. …

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Video streaming platform ivi.ru considers NASDAQ IPO this year

After receiving a $40 million capital injection last year, Russian online video company ivi.ru has plans to go public this year, according to Kommersant. Unnamed industry sources told the business daily last week that the operation could take place on the NASDAQ by the end of this year with JP Morgan Chase underwriting the IPO.  The ivi.ru …

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Rambler Group drops suit against Twitch over litigious sports content

Rambler Group has withdrawn its claim against Twitch, a streaming service controlled by Amazon, over alleged piracy broadcasting of English Premier League games. No financial compensation has been sought or paid after Twitch withdrew the litigious content, as reported by Reuters. “We are glad that we reached the common understanding and closed the trial proceedings, and …

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