More of the high ground lost!
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Arqiva ties down Kangaroo
Broadcast technology firm Arqiva has bought the assets of Project Kangaroo, the defunct broadband TV joint-venture from BBC Worldwide, ITV and Channel 4. The move comes after C21 revealed in May that the firm was the only remaining bidder.
The company, which counts the former Kangaroo partners among its clients and has been at the heart of the UK's digital switchover, has bought the hardware, software and all related intellectual property developed for the planned service.
Arqiva will use the assets to provide the basis for a new video-on-demand service that it will launch in the next few months. In a statement announcing the sale, Arqiva said the service would provide high-quality, longform content from both "leading broadcasters" and "independent content providers".
http://www.c21media.net/news/detail.asp?area=1&article=50974
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