{"id":5497,"date":"2019-07-22T10:46:22","date_gmt":"2019-07-22T14:46:22","guid":{"rendered":"https:\/\/dev2.worldscreen.com\/tvasia\/iflix-secures-new-funding\/"},"modified":"2019-07-22T12:13:09","modified_gmt":"2019-07-22T16:13:09","slug":"iflix-secures-new-funding","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvasia\/iflix-secures-new-funding\/","title":{"rendered":"iflix Secures New Funding"},"content":{"rendered":"

Asian entertainment service iflix has finalized a new round of investment led by global asset manager Fidelity International.<\/p>\n

The new financing complements continued investment by parent Catcha Group and investors Hearst, Sky and EMC, which also participated in the round. The final size of the investment has not been disclosed but is in excess of $50 million, iflix says. The platform this year also received investments from Indonesia\u2019s MNC, Japan\u2019s Yoshimoto Kogyo and South Korea\u2019s JTBC. The funding will be used to drive growth at the platform, which topped 17 million active users in May of this year.<\/p>\n

iflix’s co-founder and chairman, Patrick Grove, said, \u201cWe are incredibly proud to have Fidelity International cornerstone this latest round of funding, along with investments from all our major shareholders and some of the region\u2019s most significant media companies. These investments are a clear affirmation of iflix\u2019s business model and growth prospects, and strengthens our ties to some of the region\u2019s largest providers of local content. We have a strong pipeline of new content and are excited to be making our most extensive ever content offering available to our millions of users across the region.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Asian entertainment service iflix has finalized a new round of investment led by global asset manager Fidelity International.<\/p>\n","protected":false},"author":290,"featured_media":5498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[297],"class_list":["post-5497","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-iflix"],"yoast_head":"\niflix Secures New Funding - TVASIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tvasia\/iflix-secures-new-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"iflix Secures New Funding - TVASIA\" \/>\n<meta property=\"og:description\" content=\"Asian entertainment service iflix has finalized a new round of investment led by global asset manager Fidelity International.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/worldscreen.com\/tvasia\/iflix-secures-new-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"TVASIA\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-22T14:46:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-22T16:13:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/worldscreen.com\/tvasia\/wp-content\/uploads\/sites\/16\/2017\/07\/Iflix_1118.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"319\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mansha Daswani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mansha Daswani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/worldscreen.com\/tvasia\/iflix-secures-new-funding\/\",\"url\":\"https:\/\/worldscreen.com\/tvasia\/iflix-secures-new-funding\/\",\"name\":\"iflix Secures New Funding - TVASIA\",\"isPartOf\":{\"@id\":\"https:\/\/worldscreen.com\/tvasia\/#website\"},\"datePublished\":\"2019-07-22T14:46:22+00:00\",\"dateModified\":\"2019-07-22T16:13:09+00:00\",\"author\":{\"@id\":\"https:\/\/worldscreen.com\/tvasia\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\"},\"breadcrumb\":{\"@id\":\"https:\/\/worldscreen.com\/tvasia\/iflix-secures-new-funding\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/worldscreen.com\/tvasia\/iflix-secures-new-funding\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/worldscreen.com\/tvasia\/iflix-secures-new-funding\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/worldscreen.com\/tvasia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"iflix Secures New Funding\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/worldscreen.com\/tvasia\/#website\",\"url\":\"https:\/\/worldscreen.com\/tvasia\/\",\"name\":\"TVASIA\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/worldscreen.com\/tvasia\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/worldscreen.com\/tvasia\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\",\"name\":\"Mansha Daswani\",\"description\":\"Mansha Daswani is the editor-in-chief and associate publisher of World Screen. 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