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Shomi Stops Streaming

Canadian streaming service Shomi will be closing on 30th November. The company said that operating the business was more challenging than expected and cited changes in the business climate, as well as the market for online video.

Analyst Comment

Just recently at IBC, a start up told us that Shomi was the ‘Canadian Netflix’. We guess that reference customer may now be removed from its deck! You.i TV Wants to Exploit GPUs (BR)