Broadband-connected TV platform YouView is reportedly going on a hiring spree, as it looks to swell staff numbers by more than 50%. The reason? It has some new products in the pipeline, including mobile TV.
The Guardian reports that YouView's partners – which include the BBC, ITV and Channel 4 – could pay as little as £5m each to benefit from the expansion of the internet-based service.
It's thought YouView will increase staff numbers from 110 to 170.
"There are seven shareholders and they are all very ambitious," said YouView chief executive Richard Halton. "What we wanted to be able to do is move as fast as the fastest player will allow.
"The really important bit is that we can't create seven versions of YouView, so if people want to invest more money, great, but fundamentally there is one product and all the shareholders benefit."
BT and TalkTalk have been accused of using YouView as a vehicle for their own ever-expanding pay-TV services. They're likely to bear the brunt of the cost in an effort to develop mobile TV services to challenge Sky Go, for example.
YouView recently announced more than 1 million households use the service. That has been helped by heavy promotion from TalkTalk and BT. Very few sales were from high street stores.
YouView rival Freesat, meanwhile, added 18,000 customers in the first three months of this year, taking its total to 1.84 million.
Source The Guardian