Feeds

Arqiva seeks Dragon for SeeSaw

Net telly service needs cash

Build a business case: developing custom apps

Arqiva, the owner of the UK's terrestrial transmitter infrastructure and YouView consortium member, wants to sell some or all of SeeSaw, the online TV service it launched in February 2010.

The company today said SeeSaw "needs further investment to reach its full potential". Arqiva clearly doesn't feel it can provide the money itself, hence its scheme to seek an "investment partner" who can "enable a step-change in the development of the service in what is a very fast-moving environment".

A full sale isn't out of the question - Arqiva said it will look at "all investment options" for the business.

SeeSaw was formed from the ashes of Project Kangaroo, the combined video-on-demand platform founded in 2007 by the BBC, ITV and Channel 4 but knocked on the head in July 2009 by the Competition Commission. Afterwards, Arqiva snapped up Kangaroo's technical assets.

Six months or so later, SeeSaw was launched.

Today, it offers a range of BBC, ITV, C4, Five, MTV and Universal content, some for free, some at a premium using a rental model. Much of the free content is paid for by advertising, though SeeSaw will let you watch it without breaks if you cough up £3 a month.

SeeSaw's biggest problem is that it's only available through a web browser. Hence the tie-in with YouView, the would-be UK IPTV platform standard, which it hopes will not only bring it before a bigger audience, but allow its customers to watch its content on a big screen.

The snag is that many of SeeSaw's content partners are also in YouView and will be delivering much of the material it shows themselves. SeeSaw might have become a one-stop shop for UK catch-up content, but it's YouView that will now take on that role.

That leaves SeeSaw either with no role at all, or a burning need to acquire content it can present that its fellow YouView companies can't. Since they undoubtedly have bigger budgets for such deals, the outlook isn't rosy.

That's not going to help Arqiva sell the service to investors. ®

Build a business case: developing custom apps

More from The Register

next story
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Premier League wants to PURGE ALL FOOTIE GIFs from social media
Not paying Murdoch? You're gonna get a right LEGALLING - thanks to automated software
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
XBOX One will learn to play media from USB and DLNA sources
Hang on? Aren't those file formats you hardly ever see outside torrents?
Class war! Wikipedia's workers revolt again
Bourgeois paper-shufflers have 'suspended democracy', sniff unpaid proles
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.