US OTT CuriosityStream, which mainly offers documentaries as part of its content catalog, reported this week that it has become ‘a publicly owned company’, which is why it will start operating on the stock exchange, as a result of an agreement between the platform and Software Acquisition Group to combine their businesses. The new company will be listed on Nasdaq under the symbol ‘CURI’.
The OTT is currently available in 175 countries. The HD plan is valued at USD 2.99 and the 4K one costs USD 9.99 per month. The platform is offered directly to the consumer, and even also through different operators. In Latin America it has ran agreements with TotalPlay (Mexico), with Liberty Global for its Flow operator (Caribbean), with Cable Bahamas for its REV TV service (Bahamas) and with Millicom (Colombia, Paraguay, Bolivia, Panama, Costa Rica, Honduras, El Salvador, Guatemala and Nicaragua).
CuriosityStream creator, John Hendricks, also founder of Discovery Channel, will be the main shareholder of the combined company, and will remain as the Chairman of the Board.