Fetch TV boss predicts tens of millions will be spent on marketing in streaming war

Lorson

Lorson

The boss of IPTV platform Fetch TV has predicted tens of millions of dollars will be spent by the telcos and streaming players Netflix, Stan and Presto, in the coming months, in a land grab for marketshare and consumer eyeballs.

On the day the Australian version of Netflix launched, Fetch TV CEO Scott Lorson whose over the top (OTT) platform last month signed a major deal to bring the US streaming giant into their service, said Fetch along with telco players would be launching a major marketing blitz today focusing on Netflix.

“From today consumers will see activity from FetchTV and from our partner ISP Optus and iiNet promoting the Netflix service,” Lorson told Mumbrella. “The total aggregated spend will be in the tens of millions.”

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