Zone\u00b7tv Secures Major Investment to Fuel Growth Plans<\/i><\/p>\n \u2014 said Jeff Weber, CEO of Zone\u00b7tv<\/p>\n<\/div>\n TOLEDO, OHIO, UNITED STATES, January 24, 2024 \/EINPresswire.com<\/a>\/ — Block Communications, Inc. (BCI) has acquired the intellectual property and assets of Zone\u00b7tv Inc (zone\u00b7tv), a fast-rising competitor in the video streaming industry, from its current owner, ES3, in a transaction that will help fuel Zone\u00b7tv\u2019s ambitious growth strategy while securing a foothold in the video streaming industry for BCI. The assets of zone\u00b7tv deliver the zone\u00b7ify free streaming television service currently available in the market today. \u201cWith this acquisition, BCI demonstrates our commitment to a new era of video via streaming television technology.\u201d said Allan Block, Chairman and CEO of BCI<\/p>\n Zone\u00b7tv\u2019s \u201cno barriers\u201d approach to streaming is free to viewers and does not require any specialized hardware or device. As the only ad-supported streaming service that does not interrupt movies during the showing, the company is changing the game by addressing the biggest concern viewers have in the ad-supported streaming space \u2013 untimely ad splicing. Its consumer-focused approach also addresses movie rights owners need for monetization through greater ad fill and higher CPM\u2019s driven by the premium experience it provides to consumers. In addition, Zone\u00b7tv offers consumers a highly personalized experience by allowing viewers to easily identify and request content they prefer, with the click of a button. <\/p>\n Zone\u00b7tv has distribution agreements in place with major players including Comcast, Xfinity, Xumo, Cox, Rogers, TiVo, Roku, iOS and Android, as well as relationships with content producers such as Magnolia Pictures, a leading independent studio. <\/p>\n \u201cBCI\u2019s investment is a strong endorsement of the innovative, independent service we\u2019re building,\u201d said Jeff Weber, CEO of Zone\u00b7tv. \u201cThis investment will allow Zone\u00b7tv to aggressively pursue opportunities to attract more customers, studios and compelling new content.\u201d<\/p>\n Block Communications, Inc. is a cable television, publishing, Internet and telephone service provider. The company acquired Zone\u00b7tv from ES3, an established media & technology leader in interactive application experiences for the connected TV and traditional TV markets, in which BCI remains a minority owner.<\/p>\n \u201cWe believe in the model Zone\u00b7tv has created,\u201d said Jodi Miehls President of Block Communications, Inc. \u201cStreaming\u2019s place in the TV business is only going to become more powerful, and Zone\u00b7tv will ensure that BCI is on the leading edge of this exciting phase nationally.\u201d<\/p>\n Weber, a 30-year television industry veteran who was a leader on the team that launched AT&T\u2019s U-verse service, will continue to run Zone\u00b7tv under the new ownership. BCI will retain all Zone\u00b7tv employees and will further invest in product, content and marketing. Other terms of the transaction were not disclosed.<\/p>\n \u201cWith BCI\u2019s support, we will attract more active users, cultivate new partnerships and expand our offerings,\u201d said Weber. \u201cThe future is bright for Zone\u00b7tv and BCI.\u201d<\/p>\n About Zone\u00b7tv<\/p>\n Zone\u00b7tv bridges the gap between technology and engaging programming with its innovative technology solution offering a best-in-class, convenient and highly personalized viewer experience. The zone\u00b7tv Studio suite of tools allows any video service provider to create personalized thematic channels with their own content. Zone\u00b7tv uses its own zone\u00b7tv Studio tools to create the zone\u00b7ify multi-channel video service \u2013 an unprecedented linear-like viewing experience, powered by A.I. Its proprietary software architecture combined with an 10,000+ hour content library has powered the company\u2019s growth. <\/p>\n Its diverse programming can be seen on cable TV, Mobile and connected devices including, Comcast Xfinity, X1, Rogers Ignite TV, Cox, Videotron, TiVo, iOS, Apple TV, NCTC, Android, FireTV, Roku, and others.<\/p>\n The company has offices in Toronto, Canada, Fort Worth, TX and Northwood, Ohio<\/p>\n Get zone\u00b7ify directly on the App Stores or online at www.zoneify.tv<\/a> About BCI <\/p>\n Block Communications, Inc., (BCI) is a 122-year-old privately held diversified media holding company headquartered in Toledo, OH. It has primary operations in CableTelevision, Broadcast Television, Newspaper publishing, High-speed Internet and Residential Telephone services.<\/p>\n Arika Najafi
\nFor more information about our company, visit www.zone.tv<\/a><\/p>\n
Zone.tv LLC
mediarelations@zone.tv<\/a>
Visit us on social media:
LinkedIn<\/a><\/p>\n![\"\"](\"https:\/\/img.einpresswire.com\/large\/604196\/logo11.png#876x642\"){kind=logo}
<\/p>\n