RCS - Aferian PLC - 24i powers launch of Cinessance in North America

AferianAnnouncement

18/11/2021 07:05

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RNS Number : 7358S  Aferian PLC  18 November 2021

18(th) November 2021

 

AFERIAN PLC

 

("Aferian", the "Company" or the "Group")

 

Aferian's 24i powers launch of the 'Netflix of French film' in North America

 

 

Amsterdam, 18 November 2021 - Aferian plc announces today that following the
deal announcement of 30(th) September, 24i, the streaming expert, has
supported the launch of OTT service Cinessance in the US and Canada on iOS and
Android, bringing a catalogue of classic and modern movies to fans of French
culture and cinema who are currently underserved by the major streaming
services.

 

The French-film streaming platform offers consumers a curated catalogue of
classic and modern movies with subtitles in French and English via monthly
subscription and pay-per-view options. Cinessance is available on web browsers
and apps for both iOS and Android. It has support for casting via Chromecast
and AirPlay and plans to expand to Smart TVs. The service has launched with
films from many of the most established French studios, such as TF1 Studio,
StudioCanal and EuropaCorp, with plans to expand the catalogue to 500 movies
as early as mid-2022.

 

The service is built on a fully cloud-based infrastructure from 24i which
comprises 24i's end-to-end modular streaming platform of video backend, white
label front-end applications and Backstage content and application management
interface. Using 24i's end-to-end productized solution has enabled Cinessance
to launch its service in just twelve weeks from contract signature.

 

France is the second largest exporter of movies in the world, but only 3% of
Netflix's catalogue features French films, according to What's on Netflix
(https://www.whats-on-netflix.com/news/does-netflix-have-too-much-foreign-content/)
and a recent study from Unifrance
(https://www.unifrance.org/actualites/16153/unifrance-publie-son-indicateur-sur-la-place-des-film%20s-francais-sur-les-plateformes-svod-dans-le-monde-en-2021)
. French expats, Francophiles and cinema-lovers have had no option to access
the award-winning and globally recognized catalogue of French cinema.

 

Clément Monnet, Cinessance Founder & CEO, said: "Having lived in multiple
continents in my time, I've lost count of the number of times I've tried to
watch a French movie and couldn't find it online. Like many French expats, I
try to stay connected with my roots and to share my culture with others, so I
couldn't be more excited to share the gift of French film via Cinessance."

 

Joachim Bergman, CEO of 24i, said: "Cinessance is a perfect example of the
end-to-end capabilities of the 24i streaming platform and getting it live and
working so well within twelve weeks shows the wisdom of choosing a productized
solution to side-step all the pitfalls that can slow down new OTT services in
their race to the market. We are thrilled to be part of today's launch and are
looking forward to playing a role in the future global growth and success of
Cinessance."

 

 

-ENDS-

 

For further information please contact:

 

 Aferian plc                                       +44 (0)1223 598197
 Donald McGarva, Chief Executive Officer
 Mark Carlisle, Chief Financial Officer

 FTI Consulting LLP (Financial communications)     +44 (0)20 3727 1000
 Matt Dixon / Gregory Hynes

 

 

About 24i

 

24i offers a fast, cost-effective route to video streaming success on all
consumer devices. Its expertise and end-to-end software solutions enable pay
TV operators, broadcasters, and content providers to launch and efficiently
operate elegant streaming video user experiences that grow their brands and
revenue.

 

Founded in 2009, 24i is an Aferian plc group company headquartered in
Amsterdam, with offices in Brno, Copenhagen, Helsinki, Madrid, Burlingame and
Buenos Aires. Its end-to-end video streaming solutions bring live and
on-demand video to every kind of screen, serving over 250 customers in 100
countries.

 

24i software solutions maximize flexibility: enabling customers to launch an
SVOD service in four weeks, or a full Pay TV service in five months. 24i's
experience, solutions and partnerships meet the business and technology goals
of video businesses globally.

 

24i embodies the Dutch spirit: we work hard, innovate, and explore. For more
information, please visit www.24i.com (http://www.24i.com)

 

About Cinessance

 

Cinessance is the French cinema streaming platform for a global audience.
Cinessance wants to make French cinema accessible to anyone, anywhere, at any
time.

 

Watch French classics and recent releases via a subscription or rent them one
at a time. Available at launch on web, Android and iOS in North America.

 

For more information, please visit www.cinessance.com or contact
media@cinessance.com (mailto:media@cinessance.com) .

 

About Aferian plc

 

Aferian plc (AIM: AFRN) is a B2B video streaming services company. Our
end-to-end solutions bring live and on-demand video to every kind of screen.
We create the forward-thinking solutions that our customers need to drive
subscriber engagement, audience satisfaction, and revenue growth.

 

Every day, over 100 million people worldwide stream the video they love using
Aferian Group interface via our growing global customer base of over 500
service providers. Headquartered in Cambridge, UK, the company has 300 staff
located in offices in San Francisco, Amsterdam, Helsinki, Madrid, Porto,
Copenhagen, Brno, Buenos Aires and Hong Kong. For more information, please
visit www.aferian.com (http://www.aferian.com) .

 

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