JumpTV, a Toronto-based Internet streaming provider said it raised about $100 million in an an offering of shares on London’s Alternative Investments Market (AIM).
The company is a syndicator of TV programming from 250 channels and 70 countries. JumpTV does not have any content providers in the U.S.
From the JumpTV website:
Our Partners’ channels are available on the JumpTV network to viewers from around the world through an ordinary broadband Internet connection on their home computers, laptops, Internet-enabled televisions and mobile devices.
The JumpTV experience with a high-speed connection (Cable, ADSL, DSL or ISDN) will allow you to receive a picture at up to 30 frames per second, which is comparable to conventional television.
Well, well, 30 frames per second. That’s definitely possible, depending on the speed of the connection and the size of the video window. Still, it sounds like marketing hype.
The company says that each channel is offered as a monthly subscription for about $9.95 each, with package deals starting at $19.95.
