Sony invests in European VOD service Chili

Sony’s move comes after Viacom (owners of Paramount Pictures) and Warner Bros. Entertainment acquired an 8.67% stake in CHILI Cinema earlier this year, with options to increase their holding to around 13% by 2019. Tony Miranz, the co-founder of US VOD company Vudu, also owns a minority stake. – Robert Briel, Broadband TV News