Watch Out Amazon and Netflix, Wuaki Has Hit the West
Analysts are uncertain of how receptive the UK will be to Wuaki.tv. as Amazon, via its LoveFilm subsidiary, and Netflix are already primary service providers in the region. However, given that a strong market already exists in the UK, Wuaki.tv may be received well as an affordable alternative option for online video services.
“Streaming services have grown significantly in the UK, and we see a huge gap to offer a hybrid of the traditional subscription and a la carte models,” Roca said. “Our Wuaki Plus subscription offers a quality service at an attractive monthly rate. However, we know many people also want to rent or buy the very latest new releases, which are usually not available on subscription streaming services immediately, and others simply prefer to have on-demand on an a la carte basis. With Wuaki users can have both, and pick-and-choose what they want, when they want.” Last week some reports indicated that Wuaki.tv was considering a launch in France in the near future.
Rakuten, Inc. is one of the world’s leading Internet service companies, providing a variety of consumer and business-focused services including e-commerce, eReading, travel, banking, securities, credit card, e-money, portal and media, online marketing and professional sports. Rakuten is expanding globally and currently has operations throughout Asia, Western Europe, the Americas, and Oceania. Founded in 1997, Rakuten is headquartered in Tokyo, with over 10,000 employees and partner staff worldwide.
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