SeeSaw Shuts It’s Streaming Doors
The aptly named SeeSaw online catch-up TV network has shut down just a few months after being saved at the last moment. The service which began last February by Arqiva, was set-up using the now defunct Project Kangaroo code.
SeeSaw finally bites the dust
The streaming website offered a free aggregated catch-up service from content providers such as the BBC, Channel 4 and Channel Five. But providers Channel 4 and Channel 5 pulled their content and concentrated on their own streaming services. Visitors to the site are now met by the message, “Thanks for your support but SeeSaw is no longer available.”
The service was saved by Criterion Capital Partners back in July but they have struggled to gain funding or makle any money from the service.
Speaking to the BBC, Ariva said it was, “very disappointed by the failure of the new investors to provide their committed funding.”
The UK has recently become a hotbed of streaming services and competition is mounting. LoveFilm, owned by Amazon have a good foothold in the market, YouTube have launched an online movie rental service and Netflix are set to launch in early 2012.
So is it the end of SeeSaw? Probably, unless someone thinks they can succeed where everyone else is failing that is.
Related News:
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- SeeSaw Loses Another Content Provider In Channel 5
- SeeSaw Loses Channel 4 Streams
- UK Viewers See SeeSaw On Boxee Box
- SeeSaw Online TV Service Being Saved By Bebo Owners?
