French DVD rental and video-on-demand specialist Videofutur, which is in the process of being acquired by technology company Netgem, turned in revenue growth of 15% for the second half of the year, taking its second half total to €3.95 million. Total annual revenues amounted to €7.37 million, the same as the previous year.
The company had 50,000 subscribers to its Pass Duo on-demand offering at the end of 2012, 18 months after the service’s launch.
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15th November 2019