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BroadbandTV Corp
BBTV is a Canadian media and technology company founded by CEO Shahrzad Rafati in 2005. In 2019, the company was the second-largest video property by unique viewers, according to comScore. Its head office is in Vancouver, British Columbia, Canada. BBTV's clients include the NBA, Paramount Global, and Sony Pictures.
BBTV completed an initial public offering of its subordinate voting stock on the Toronto Stock Exchange on October 28, 2020, valuing the Company's shares at C$16.00 per share. On January 10, 2024 the Company completed a "going-private" transaction whereby insiders of BBTV, including the Company's CEO Shahrzad Rafati, acquired the outstanding subordinate voting shares at a price of C$0.375 per share, representing a 98% decline in value from the Company's IPO.
BBTV was founded as an OTT set-top box company in 2005, but the company soon turned to the digital video space. Rafati's idea was to create software which would change how companies approached piracy, resulting in technology which enabled companies to claim and monetize content uploaded by fans.
In 2009, the NBA became a client of BBTV's and success monetizing NBA footage in fan videos led to organizations like Sony Pictures quickly signing up. BBTV expanded to work with individual YouTube channels who also wanted to monetize their content.
European media group RTL bought 51% of BBTV in 2013 for $36M USD.
In fall 2014, BBTV opened offices in New York City, to host the company's branded entertainment division, which brokers deals between content creators and brands.
By December 2015 BBTV had become the number one MCN globally, outperforming Disney's Maker Studios. After that, the company began creating more content in-house.
In 2016, BBTV moved its Vancouver office to a bigger space.
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BroadbandTV Corp
BBTV is a Canadian media and technology company founded by CEO Shahrzad Rafati in 2005. In 2019, the company was the second-largest video property by unique viewers, according to comScore. Its head office is in Vancouver, British Columbia, Canada. BBTV's clients include the NBA, Paramount Global, and Sony Pictures.
BBTV completed an initial public offering of its subordinate voting stock on the Toronto Stock Exchange on October 28, 2020, valuing the Company's shares at C$16.00 per share. On January 10, 2024 the Company completed a "going-private" transaction whereby insiders of BBTV, including the Company's CEO Shahrzad Rafati, acquired the outstanding subordinate voting shares at a price of C$0.375 per share, representing a 98% decline in value from the Company's IPO.
BBTV was founded as an OTT set-top box company in 2005, but the company soon turned to the digital video space. Rafati's idea was to create software which would change how companies approached piracy, resulting in technology which enabled companies to claim and monetize content uploaded by fans.
In 2009, the NBA became a client of BBTV's and success monetizing NBA footage in fan videos led to organizations like Sony Pictures quickly signing up. BBTV expanded to work with individual YouTube channels who also wanted to monetize their content.
European media group RTL bought 51% of BBTV in 2013 for $36M USD.
In fall 2014, BBTV opened offices in New York City, to host the company's branded entertainment division, which brokers deals between content creators and brands.
By December 2015 BBTV had become the number one MCN globally, outperforming Disney's Maker Studios. After that, the company began creating more content in-house.
In 2016, BBTV moved its Vancouver office to a bigger space.
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