Business Cloud News

Sony unveils cloud TV plan

Sony Computer Entertainment’s president and group CEO Andrew House announcing the cloud TV service at CES 2014 in Las Vegas

Sony is planning to launch a new cloud-based TV service in the US later this year, combining live TV with video-on-demand in a bid to “redefine” traditional television.

Cloud-based TV operator Magine scores $19m for international expansion

Magine is looking to expand in Spain and Germany, and five other markets by the year's end.

Swedish cloud-based TV operator Magine announced that it has closed a $19m Series A financing round from Swedish and international investors, which will help the company expand its recently launched service globally.