“Historically, we’ve curated a selection of news channels from YouTube and Dailymotion. But many channels our users want are not available there. That’s why we now are partnering with some of the finest news sources to include them in our personalized video news experience,” said co-founder and CEO Adriano Farano,a former Knight Fellow at Stanford University.
The premium initiative’s founding members include:
• Fox News
• Fox Business
• Sky News
• The Wall Street Journal
• The Washington Post
“Video is a top priority for TheStreet and our audience, and we are excited to part of Watchup’s effort to innovate the ways in which such news is consumed,” said James R Freiman, Senior Vice President of Business Development & Strategy at TheStreet. “Digital video is booming and Watchup has the potential to become the category-defining product for multi-channel news watching.”
TheStreet has ramped up video production over the past year and currently offers viewers over 100 videos each week including business and financial news updates, interviews and in-depth market analysis. Videos are available via nine different topic channels and are designed to educate and inform personal and institutional investors worldwide.
Watchup reinvents news watching for the digital omnivore: viewers who primarily consume content seamlessly across tablet and mobile devices. According to the Pew Research “State of News Media 2014”report, over a third of U.S. adults regularly watch digital news videos. Video technology company, Ooyala reports mobile video viewing has grown 512 percent since 2012 in it’s 2014 Q1 Global Online Video Index.“
For the next 3 months we’ll work to bring even more premium content to our users,” said Farano. “Our goal is to create an ecosystem that can sustain and provide long-term benefits to our partners, so they can focus on producing the stories that matter and continue pioneering great journalism that advances the field.”
Watchup’s iOS app is featured among the best news apps in the Apple App Store and is one of the first 30glassware available on Google Glass. The company received seed investment from Microsoft Ventures, Turner Broadcasting, the Stanford-StartX Fund, Knight Foundation and news veterans including the former publisher of The Wall Street Journal, Gordon Crovitz and Campus Televideo founder Ned Lamont.