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French VOD services merge
French video-on-demand services Vodeo and Imineo are to merge their catalogues following Vodeos acquisition of a 34% stake in Imineo.
Management of the combined entity will be led by the co-founders of Imineo. The combined catalogue will include about 15,000 titles. The two brands will continue to exist side-by-side. Vodeo is delivered primarily via IPTV, while between 65-70% of ImineoÂs revenues come from the internet. Together the pair bring in revenues of over Â1m a year.