BitMovio (www.bitmov.io) today announced its partnership with TYT, a progressive news and talk network, to acquire several of its most popular and top-rated programs, including The Young Turks, NoFilter, The Damage Report, The Conversation, Rebel HQ and TYT Sports. Starting today, BitMovio subscribers will be able to access thousands of hours of new content from these programs on the blockchain-enabled video entertainment marketplace via web browsers, and iOS and Android devices.
Simon Zhu, Co-founder and CEO of BitMovio, said: “TYT marks our first key programming partner in the news vertical, and this is significant for us in that we believe it sends a message that the BitMovio platform is a place for all voices and perspectives to be heard and shared. Additionally, today’s partnership speaks to our growing traction within the massive YouTube creator community, particularly with large and well-established multi-channel networks, like Diagonal View and TYT. We’re continuing to build strategic partnerships with diverse and high-quality content networks that will engage our growing subscriber base and will have more to share in the coming months.”
Steven Oh, Chief Business Officer of The Young Turks, said: “We’re dedicated to enabling an open dialog with our audience, and we’ve found that BitMovio also shares this focus of empowering all voices to have a platform to discuss global news events in an uncensored and de-monetized way. Whether discussing security, energy, culture, technology or society, younger generations want to take part in shaping the conversation and policy outcomes. By partnering with BitMovio, we are hoping to engage these audiences, and empower them to connect with and influence decision-makers regardless of ethnicity or socioeconomic status.”
A cross between Twitch, Netflix and Patreon, BitMovio is a new form of video entertainment marketplace enabled by blockchain technologies and in-platform virtual goods. The platform supports a variety of monetization models, such as cryptocurrency and its own MoviBits virtual currency, and offers viewers a gamified user experience, including real-time chat, on-screen bullet chat, tipping, gifting, micro-transactions, per-channel subscriptions and reward-based advertising that create an engaging and connected global community. BitMovio’s streaming video platform features a wide array of genres, including gaming, sci-fi, fantasy, horror, paranormal/UFOs, conspiracy and more. Over the past several months, the company has signed over 6,000 hours of premium video content from premium film and television networks and studios, global production companies, YouTube networks, independent film producers and individual influencers.