Sky Invests in French OTT Molotov

LONDON: Sky has invested €4 million ($4.5 million) in Molotov, an OTT video platform in France.

This investment is part of a larger Molotov financing round and is the latest in a series of Sky investments in innovative start-up companies.

Molotov was founded in 2014 by JeanDavid Blanc (founder of AlloCiné), Pierre Lescure (founder of Canal+ and president of the Cannes Film Festival) and Jean-Marc Denoual (former senior executive at TF1 Group).