Following the demise of Joost, the other internet video aggregator service Babelgum is shutting its Dublin HQ. There are also reports that offices in London, Milan and New York will be consolidated.

Babelgum told paidContent:UK: “This decision allows Babelgum to streamline its approach, improve its cost effectiveness and ensure its continued growth in future years. Babelgum remains one of the very few aggressive players in the new media market.”

Other posts by :

1. Rakuten makes historic satellite video call
2. Rocket Lab confirms D2C ambitions
3. Turkey establishes satellite production ecosystem
4. Italy joins Germany in IRIS2 alternate thoughts
5. Kazakhstan to create museum at Yuri Gagarin launch site
6. AST SpaceMobile gets $42 or $1500 price target
7. Analyst: GEO bloodbath taking place
8. SES AGM results: Appaloosa still objecting
9. SpaceX’s Shotwell worth $1.2bn

Categories: Articles, OTT, OTT