Published on: November 29, 2019
The recent launches of a plethora of new OTT TV services, including AppleTV+, Disney+ and HBO Max, together with enduring “cord cutting” in our view demonstrates the ongoing disruption in the PayTV industry. We have long viewed Amino as a beneficiary of structural change in the sector and we therefore revisit its acquisition of 24i in July and the subsequent view of the enlarged group’s combined capabilities seen at September’s International Broadcasting Convention 2019 (“IBC”). The combination of the two businesses means Amino goes to market with a materially enhanced product set and a significantly broader customer base – with new verticals and additional blue-chip names. The 24i acquisition also supercharges Amino’s transition towards a more software-led business model.