Orange Digital Ventures announces its participation in the funding of Afrostream, a subscription video on demand service (SVOD) of African, African-American and African-Caribbean films and television series, alongside TheFamily, Cross Culture Ventures I L.P. and ACE & Company. Through its corporate fund, Orange will enable Afrostream to accelerate the development of its original and innovative service in Europe, Africa, the Caribbean and South America.
Afrostream’s unlimited SVOD streaming service is already available on all connected screens in France, Belgium, Switzerland, Luxembourg, Senegal and Côte d’Ivoire (www.afrostream.tv). It features programming for the entire family and includes cartoons, concerts and documentaries, in addition to films and TV series.
Taking advantage of its presence in Africa as well as in European countries with large African diaspora populations, Orange wishes to collaborate with the start-up to facilitate Afrostream’s development by providing its expertise in networks, distribution and payment.[…]
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Source : Orange, October 7th, 2015