Netflix rival Iflix reveals its first original content series for emerging markets

 Fresh from raising $90 million from investors in March, Iflix, a Netflix-like service for emerging markets, has announced its first slate of original content. The Malaysia-headquartered business claims five million registered users across 10 countries — it recently branched out into Africa and the Middle East — for its service which costs around $3 per month. Beyond cheaper… Read More

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iflix raises $90M to expand its Netflix alternative to more emerging markets

 iflix, a Netflix-like service that covers Southeast Asia and other emerging markets, has closed $90 million in new funding to expand its service into new countries. The round was financed by international cable firm Liberty Global, Middle East and Africa-focused operator Zain and existing backers Sky, Catcha Group and EMC. Sky made a $45 million investment last year, while Catcha Group and… Read More

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