As Shomi shuts down, experts point to strong competition in OTT
Media | 09/26/2016 9:55 pm EDT
Shomi, the joint Rogers Communications Inc. and Shaw Communications Inc. over-the-top (OTT) video service, will shut down on Nov. 30, the service announced Monday afternoon, in a move some industry experts said wasn’t completely out of the blue.
“The business climate and online video marketplace have changed markedly in the last few years,” David Asch, Shomi’s senior vice-president and general manager, said in a press release. “Combined with the fact that the business is more challenging to operate than we expected, we've decided
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