The creation of the CDA TV television service has been announced
19:51
A few years ago CDA.PL was considered a pirate, you could watch there for free the latest cinema productions and the company earned money on advertising. Since then, however, it has undergone a metamorphosis and now not only is everything paid for and legal but also the company is entering a new market segment. The creation of the CDA TV television service has been announced.
CDA has concluded license agreements for OTT (over-the-top linear TV) distribution of TV channels with nearly 50 entities, the company said on Tuesday. The agreements were concluded with, among others: Telewizja Polsat Sp. z o.o., BBC Studios Distribution Ltd, A+E Networks UK and Kino Polska TV S.A.
The television service under the name “CDA TV” is intended for subscribers on Polish territory. The company has gained the ability to receive and simultaneously retransmit channels from these providers through an OTT distribution network.
The launch of the new service is planned in the first half of the third quarter of this year. CDA will announce the detailed terms and conditions of the service shortly.
The stock market reacted positively to the new CDA announcement. Shares are up nearly 6% after half an hour of trading, making up for losses in June.
