Feeds

Private equity saves SeeSaw

Michael Jackson put in charge. Woooo.

Beginner's guide to SSL certificates

The upending of SeeSaw has been cancelled. Owner Arqiva today announced it had flogged off 75 per cent of the online video-on-demand service.

Arqiva will retain 25 per cent of the company, the rest going to a group of venture capitalists, private equity punters and merchant bankers.

SeeSaw will be overseen by Michael Jackson, not the late popular musician, not the gruff-voiced military commander, nor even the real ale champion, but the former head of BBC Two and of Channel 4. Jackson joins SeeSaw as company Chairman.

SeeSaw launched in February 2010, formed after Arqiva, the company that maintains the UK's terrestrial broadcasting infrastructre, acquired the technical assets of 'Project Kangaroo' the previous year.

Kangaroo was a joint BBC, ITV and C4 endeavour to create a standard catch-up TV platform, but was killed by the competition watchdog. While Arqiva was using Kangaroo tech top build SeeSaw, the broadcasters created 'Project Canvas', later renamed YouView, to create a standard catch-up TV platform.

Arqiva also joined YouView. Come January 2011, it was seeking a buyer for SeeSaw. A credible offer failed to materialise, and Arqiva announced SeeSaw's closure in May.

The service was to have shut at the end of June, but has tenaciously hung on. Just as well, as with a new owner comes a new lease of life. Maybe. In all their words of praise for SeeSaw's technology, none of its new owners said how they plan to grow its customer base and content portfolio. ®

Beginner's guide to SSL certificates

More from The Register

next story
Official: European members prefer to fondle Apple iPads
Only 7 of 50 parliamentarians plump for Samsung Galaxy S
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Space Commanders rebel as Elite:Dangerous kills offline mode
Frontier cops an epic kicking in its own forums ahead of December revival
Intel's LAME DUCK mobile chips gobbled by CASH COW
Chipzilla won't have money-losing mobe unit to kick about anymore
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
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.
Choosing a cloud hosting partner with confidence
Download Choosing a Cloud Hosting Provider with Confidence to learn more about cloud computing - the new opportunities and new security challenges.