BluTV Acquires Another Shareholder

BluTV acquires another shareholder. Twozero Ventures partnered with internet television BluTV. Twozero Ventures invested in internet television BluTV. As a result of this investment, Twozero Ventures became a 2.77 percent shareholder of the online TV series/movie streaming platform BluTV. In the statement made by the company, Twozero Ventures Founding Partner Yiğit Arslan used the following statements: “As Twozero Ventures, we will continue to invest in technology startups in the sports, media and entertainment industries.”   Twozero Ventures is Not the First Partner of BluTV Twozero Ventures is not BluTV's first partner. According to reports on January 19, the US media company Discovery became a 35 percent partner of BluTV. Aydın Doğan Yalçındağ, Founder and CEO of BluTV, said, “We are excited to collaborate with our new strategic partner Discovery, one of the world's leading media and entertainment companies.” BluTV and Discovery strategic partnership includes the publication of Discovery content on the BluTV platform. With this strategic partnership, it was noted that Turkish viewers could watch all content from Discovery's global and local brands and Eurosport's premium sports broadcasts on BluTV. BLUTV's market share in the streaming market in Turkey is around 43 percent.     Click here to learn more about share news.