Internet TV service iflix, which offers unlimited access to tens of thousands of hours of entertainment to its subscribers, announced the completion of a new round of funding, led Europe’s leading entertainment company Sky PLC. Indonesian company Emtek Groups, through its subsidiary Surya Citra Media, also participated in the round. The funds will help accelerate iflix’s growth in Malaysia, Thailand, and the Philippines. iflix co-founder and Group CEO Mark Britt said, “We are thrilled to welcome Sky to the iflix family. As pioneers of the global broadcasting industry and true leaders in television and media, they share our passion for delivering market-leading content and services through innovation. We are also pleased that Sky will further their commitment by appointing a Director to the board of iflix.”
Andrew Griffith, Group Chief Financial Officer for Sky commented, “iflix has quickly established itself as Southeast Asia’s most exciting and fastest-growing streaming TV service. There are lots of opportunities for Sky and iflix to work together and share expertise as both companies continue to expand. We are really looking forward to supporting Mark and his team deliver their ambitious plans.” Now available in Malaysia, Thailand, and the Philippines, iflix will continue to roll out its service to additional key Southeast Asian markets in the coming months. iflix offers its over one million members in Southeast Asia a massive library of top Hollywood, Asian, regional, and local TV shows and movies. Each iflix subscription allows users to access the service on up to five devices, including phones, laptops, tablets, and television sets, for their viewing wherever, whenever. iflix subscribers can also download TV shows and movies from iflix’s extensive library for offline viewing. The service is priced at only P129/month in the Philippines for unlimited access with no ads. iflix also offers a complimentary 30-day trial for new subscribers with full access to its service, features, and content, with no credit card or payment details required. You can go to iflix.com to register.