JumpTV is not a water company. The meeting with Kaliel Tuzman this morning was very informative.
The idea:
-IPTV Live for use directly via www.JumpTV.com or via channel web sites
-also pay-per-view programs
-targeted towards programming from non-OECD countries
The company:
-owns its servers to ensure reliability of bandwidth availability
-is based in Toronto and is publicly listed in Canada... planning to list on Nasdaq
-tech teams in Canada and Belarus
-no sales/marketing department
-has many deals with channels (4-8 year contracts) to be their exclusive browser-based platform
The business:
-high fixed and operation costs ( 1.1 million USD per month)
-subscription-based in many countries but hoping to move towards advertisement-based business (when the advertising environment matures in these countries) USA then Canada and UK... ...
-viewers are mostly from countries with diverse populations (drawing on people's emotional connection to media from home)
-most watched programs 1)news 2)sports 3)variety shows
My questions:
-If a country wants to censor certain channels, what does JumpTV do for that country?
-Any plans for package programming to compete with or work with VideoFurnace in projects for colleges?
-Korean channels would be extremely popular outside of Korea, however, many Korean channels already have their programs online. Advertising might not be a good source of income also because (from the little bit of Korean TV that I've watched) the shows tend not to have commercials during the program.
-TV but not TV... JumpTV and their advertising model doesn't seem to allow for fullscreen viewing. As a consumer, I like to have the option of watching it fullscreen... that is much more like TV (especially for sports). This is particularly since sometimes we even plug the computer into the TV and watch it there instead.
-This is a question about the business model: From what I understand, if users in the USA want to view Turkish channels, they have to buy the Turkish subscription package. With the advertising, does it mean that users in the US can watch for free but users in different countries will still have to buy the subscription?
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