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. ®

Next gen security for virtualised datacentres

More from The Register

next story
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
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
Linux Foundation says many Linux admins and engineers are certifiable
Floats exam program to help IT employers lock up talent
prev story

Whitepapers

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 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
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.