Netgem Pursues Growth Strategy in Entertainment Technology

Paris, 30 May 2024 — Netgem is steadfast in its growth approach within the European Entertainment Technology market. The company emphasizes its dual-sided B2B platform, offering services to rights owners and telecom operators.

Netgem's key mission is to enhance audiovisual creation through monetization while decreasing technological exchange costs and refining user experiences. This is achieved via an in-house cloud-based platform in a 'multi-tenant' mode.

Significant progress has been noted in early 2024. The company secured notable contracts for new releases and corporate content, including partnerships with Mediawan and Newen/TF1.

In response to the rise of Fast channels, Netgem introduced the 'Fast Lane' package, now available in six regions, including the UK, France, and Switzerland. Moreover, a partnership with Gamestream has led to a new cloud gaming service distributed via zeop and Bouygues Telecom.

These initiatives collectively boost recurring revenue predictions and profitability targets for 2024.