Wednesday, June 3, 2009

MobiTV On Track To Generate Over $400mil In 2009

Silicon Alley Insider reported today that MobiTv, Inc. has grown it's monthly subscribers to more than 7mil. The Emeryville, CA based mobile streaming video pioneer has been building their base (in partnership with carriers) since 1999...and recently has seen some impressive growth with 2mil adds in the last 6mos. As the article points out this still only represents 3% of US subscribers, but it's a heck of a lot better than the numbers hyped broadcast technology competitors like FLO TV are seeing. Moreover at $9.99 per sub they're likely going to see over $800mil at retail in 2009, or between $400mil & $500mil in revenue...which would propel them into the Top 5 of all mobile content companies worldwide.

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