Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund

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Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund

Bloomberg2021-02-03

(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...

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Comment（21）

Favian
·2021-02-04
?
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1
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- Favian:
  interesting
  2021-02-06
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ZacLin
·2021-02-04
Hmm
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- Jamesohl:
  Cool
  2021-02-04
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Sachinpnyr
·2021-02-04
??
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Kelvinyoon26
·2021-02-04
Like
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koonkoon
·2021-02-04
Wow
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CL777
·2021-02-04
Netflix’s market share is eroding with more and more competitors.
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Albaakbert
·2021-02-04
Great market to be in
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joeyygagner
·2021-02-03
Competive market
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2
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- Samuel.L:
  Agreee
  2021-02-03
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JH.T
·2021-02-03
wow!!
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benjan288
·2021-02-03
Wow
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1
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average363
·2021-02-03
damn stonks
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guanwen
·2021-02-03
Hi
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Basketrif
·2021-02-03
Not bad
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Le66ad
·2021-02-03
?
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ahmadmirza17
·2021-02-03
Netflix is a good investment
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- 阿尔法林:
  好是好，那也得给机构足够时间吸筹，一处年报狂拉百分之几十，这不是跟机构抢钱么，所以这几天不涨是有原因的，跟你一样我很看好，给他点时间希望能有不错回报
  2021-02-04
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TakeTheWheel
·2021-02-03
Could it be
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Kangheng
·2021-02-03
Hi
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Kangheng
·2021-02-03
Hi
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ZEROHERO
·2021-02-03
Wow
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2
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- angelA:
  [开心]
  2021-02-03
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- angelA:
  Good
  2021-02-03
  Reply
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- ZEROHERO:
  [微笑]
  2021-02-03
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zh273
·2021-02-03
intersection
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3506887,"gmtCreate":1612589977475,"gmtModify":1680775947594,"authorId":3562815822807212,"author":{"id":3562815822807212,"idStr":"3562815822807212","authorId":3562815822807212,"name":"Favian","avatar":"https://static.tigerbbs.com/3c9db4d731960e756da0c07d6b32f34a","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.04.10","exceedPercentage":"93.56%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":317077606,"type":1,"supId":0,"prevId":0,"content":"interesting","text":"interesting","html":"interesting"}],"langContent":"EN"},{"id":317071825,"gmtCreate":1612402370667,"gmtModify":1704870672003,"author":{"id":"3566388743291922","authorId":"3566388743291922","name":"ZacLin","avatar":"https://static.tigerbbs.com/620bd3e4ba73c1a4e1b96f210a4d56ee","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3566388743291922","authorIdStr":"3566388743291922"},"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/317071825","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3483607,"gmtCreate":1612404156324,"gmtModify":1680775583562,"authorId":3574700658662797,"author":{"id":3574700658662797,"idStr":"3574700658662797","authorId":3574700658662797,"name":"Jamesohl","avatar":"https://static.tigerbbs.com/707adfde39b1d8b9102a0329a03899b2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":317071825,"type":1,"supId":0,"prevId":0,"content":"Cool","text":"Cool","html":"Cool"}],"langContent":"EN"},{"id":317029800,"gmtCreate":1612399701100,"gmtModify":1704870630338,"author":{"id":"3572989459139407","authorId":"3572989459139407","name":"Sachinpnyr","avatar":"https://static.tigerbbs.com/ec1478fc6ed7f7f4c6aed0ee012469e7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572989459139407","authorIdStr":"3572989459139407"},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317029800","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":317013023,"gmtCreate":1612396492662,"gmtModify":1704870591291,"author":{"id":"3558581504257803","authorId":"3558581504257803","name":"Kelvinyoon26","avatar":"https://static.tigerbbs.com/17c18f026fcaa77f437cb20f39e1b4ef","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3558581504257803","authorIdStr":"3558581504257803"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317013023","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":317039986,"gmtCreate":1612395225645,"gmtModify":1704870575771,"author":{"id":"3564546889826365","authorId":"3564546889826365","name":"koonkoon","avatar":"https://static.tigerbbs.com/5dcc75085d1205dc8567a05395bac661","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3564546889826365","authorIdStr":"3564546889826365"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317039986","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":317090543,"gmtCreate":1612393932182,"gmtModify":1704870561523,"author":{"id":"3560241002253187","authorId":"3560241002253187","name":"CL777","avatar":"https://static.tigerbbs.com/e9aef3dd830373a0427a3447b1b564e3","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3560241002253187","authorIdStr":"3560241002253187"},"htmlText":"Netflix’s market share is eroding with more and more&nbsp;competitors.&nbsp;","listText":"Netflix’s market share is eroding with more and more&nbsp;competitors.&nbsp;","text":"Netflix’s market share is eroding with more and more competitors.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/317090543","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314771162,"gmtCreate":1612389037356,"gmtModify":1704870539850,"author":{"id":"3573197870935019","authorId":"3573197870935019","name":"Albaakbert","avatar":"https://static.tigerbbs.com/38fb1a202f211aaf65a6b491072b884f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573197870935019","authorIdStr":"3573197870935019"},"htmlText":"Great market to be in","listText":"Great market to be in","text":"Great market to be in","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314771162","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314575216,"gmtCreate":1612364685435,"gmtModify":1704870289899,"author":{"id":"3569389977740102","authorId":"3569389977740102","name":"joeyygagner","avatar":"https://static.tigerbbs.com/c24578f3d3d63a4878915c794351a90a","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3569389977740102","authorIdStr":"3569389977740102"},"htmlText":"Competive market","listText":"Competive market","text":"Competive market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/314575216","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3480184,"gmtCreate":1612364706856,"gmtModify":1680775539637,"authorId":3563577781679506,"author":{"id":3563577781679506,"idStr":"3563577781679506","authorId":3563577781679506,"name":"Samuel.L","avatar":"https://static.tigerbbs.com/1186b61f5b04203ae75a2949bd647713","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":314575216,"type":1,"supId":0,"prevId":0,"content":" Agreee","text":" Agreee","html":" Agreee"}],"langContent":"EN"},{"id":314521240,"gmtCreate":1612363511180,"gmtModify":1704870243962,"author":{"id":"3572213274050421","authorId":"3572213274050421","name":"JH.T","avatar":"https://static.tigerbbs.com/6d0c70d7e066c6ec1d5bde3405bc9b4b","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":3,"crmLevelSwitch":0,"idStr":"3572213274050421","authorIdStr":"3572213274050421"},"htmlText":"wow!!","listText":"wow!!","text":"wow!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314521240","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314280580,"gmtCreate":1612354229240,"gmtModify":1704870077156,"author":{"id":"3573785104268886","authorId":"3573785104268886","name":"benjan288","avatar":"https://static.tigerbbs.com/b963f4bcc058d426fe164b25be34ffbc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573785104268886","authorIdStr":"3573785104268886"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314280580","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314872423,"gmtCreate":1612339702462,"gmtModify":1704869887969,"author":{"id":"3575346207783147","authorId":"3575346207783147","name":"average363","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575346207783147","authorIdStr":"3575346207783147"},"htmlText":"damn stonks","listText":"damn stonks","text":"damn stonks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314872423","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314878635,"gmtCreate":1612339411927,"gmtModify":1704869885192,"author":{"id":"3574047518356226","authorId":"3574047518356226","name":"guanwen","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574047518356226","authorIdStr":"3574047518356226"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314878635","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314824817,"gmtCreate":1612335464139,"gmtModify":1704869850733,"author":{"id":"3574715322913604","authorId":"3574715322913604","name":"Basketrif","avatar":"https://static.tigerbbs.com/47bde0946b4de3845bcba22c002e0cfd","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3574715322913604","authorIdStr":"3574715322913604"},"htmlText":"Not bad","listText":"Not bad","text":"Not bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314824817","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314825498,"gmtCreate":1612335377114,"gmtModify":1704869850409,"author":{"id":"3569206984348246","authorId":"3569206984348246","name":"Le66ad","avatar":"https://static.tigerbbs.com/6c476ea553750ec9e5c4f1d349e84eb2","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3569206984348246","authorIdStr":"3569206984348246"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314825498","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314860523,"gmtCreate":1612332917662,"gmtModify":1704869827104,"author":{"id":"3574086228745485","authorId":"3574086228745485","name":"ahmadmirza17","avatar":"https://static.tigerbbs.com/a2df4264ff71091ad887a13f8ed25f92","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3574086228745485","authorIdStr":"3574086228745485"},"htmlText":"Netflix is a good investment&nbsp;","listText":"Netflix is a good investment&nbsp;","text":"Netflix is a good investment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/314860523","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3490481,"gmtCreate":1612450476819,"gmtModify":1680775698895,"authorId":3458903913570876,"author":{"id":3458903913570876,"idStr":"3458903913570876","authorId":3458903913570876,"name":"阿尔法林","avatar":"https://static.tigerbbs.com/83ecb94e36646f8918fd9d9b296369f0","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":314860523,"type":1,"supId":0,"prevId":0,"content":"好是好，那也得给机构足够时间吸筹，一处年报狂拉百分之几十，这不是跟机构抢钱么，所以这几天不涨是有原因的，跟你一样我很看好，给他点时间希望能有不错回报","text":"好是好，那也得给机构足够时间吸筹，一处年报狂拉百分之几十，这不是跟机构抢钱么，所以这几天不涨是有原因的，跟你一样我很看好，给他点时间希望能有不错回报","html":"好是好，那也得给机构足够时间吸筹，一处年报狂拉百分之几十，这不是跟机构抢钱么，所以这几天不涨是有原因的，跟你一样我很看好，给他点时间希望能有不错回报"}],"langContent":"EN"},{"id":314882562,"gmtCreate":1612332453756,"gmtModify":1704869821768,"author":{"id":"3575038285372774","authorId":"3575038285372774","name":"TakeTheWheel","avatar":"https://static.tigerbbs.com/fd0aacb6b65004dedd1f9164f4afe2a1","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575038285372774","authorIdStr":"3575038285372774"},"htmlText":"Could it be","listText":"Could it be","text":"Could it be","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314882562","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314886404,"gmtCreate":1612332349108,"gmtModify":1704869820268,"author":{"id":"3559916226287928","authorId":"3559916226287928","name":"Kangheng","avatar":"https://static.tigerbbs.com/751a3c117e817977d93d8093621815dc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3559916226287928","authorIdStr":"3559916226287928"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314886404","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314886519,"gmtCreate":1612332328531,"gmtModify":1704869820429,"author":{"id":"3559916226287928","authorId":"3559916226287928","name":"Kangheng","avatar":"https://static.tigerbbs.com/751a3c117e817977d93d8093621815dc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3559916226287928","authorIdStr":"3559916226287928"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314886519","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314881789,"gmtCreate":1612332025241,"gmtModify":1704869817516,"author":{"id":"3566532164444643","authorId":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3566532164444643","authorIdStr":"3566532164444643"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/314881789","repostId":2108759716,"repostType":4,"repost":{"id":"2108759716","pubTimestamp":1612330166,"share":"https://ttm.financial/m/news/2108759716?lang=&edition=fundamental","pubTime":"2021-02-03 13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge 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13:29","market":"us","language":"en","title":"Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=2108759716","media":"Bloomberg","summary":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 m","content":"<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.</p>\n<p>The Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.</p>\n<p>“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”</p>\n<p>The number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.</p>\n<p>Starzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.</p>\n<p>“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”</p>\n<p>In addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.</p>\n<p>Established last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Mideast Rival Gets $25 Million From Abu Dhabi-Based Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-03 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for ...</p>\n\n<a href=\"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d6cb901b5c16431622c6dc108cf81b0","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","STT":"道富银行"},"source_url":"https://finance.yahoo.com/news/netflix-mideast-rival-gets-25-050926723.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2108759716","content_text":"(Bloomberg) -- Starzplay, a Middle Eastern competitor of Netflix Inc., got 92 million dirhams ($25 million) in debt financing from an Abu Dhabi-based fund as the coronavirus pandemic fuels demand for home entertainment.\nThe Dubai-based online streaming platform will use the funds from Ruya Partners to further strengthen the company’s geographic and customer reach as well as to acquire and produce original content, according to a statement Wednesday. The financing marks Ruya Partners’ first tech investment in the United Arab Emirates.\n“Where global players and platforms meet challenges and difficulties, we see opportunity and hope,” Maaz Sheikh, chief executive office of Starzplay, said in an interview with Bloomberg Television. “We localize the experience, we localize the content offering like no other global platform and that’s really been the key to our success.”\nThe number of subscribers at Starzplay currently stands at 1.8 million, with a local market share of more than 32%, after what it described as “exceptional growth” last year. Online streaming platforms around the world had an unexpected windfall in 2020 when the lockdowns prompted by the Covid-19 outbreak brought a flood of users.\nStarzplay saw growth of about 40% in 2020 in its paid subscriber base and expects the number of users to double over the next three to four years to around 4 million, according to Sheikh. To be ready for an initial public offering, the company needs revenue to reach a range of $120 million to $150 million, he said.\n“We remain committed to IPO plans,” he said. “We see still two or three years of growth to come and prepare ourselves in listing the business.”\nIn addition to the latest round of financing, Starzplay raised $125 million in equity funding since its launch in 2015 from State Street Global Advisors and STARZ, a company owned by Lionsgate Entertainment Corp.\nEstablished last year, Ruya Partners is partly owned by Abu Dhabi Catalyst Partners, which itself is formed through a joint venture between Mubadala Investment Co. and Falcon Edge Capital.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":24,"commentSize":21,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}