Olyn: New Streaming Platform

This is a U.S. news story, published by TechCrunch, that relates primarily to Olyn news.

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Summary

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75% Informative

Olyn claims to offer a new model for film and video distribution that leans on the power of social referrals to spread “à la carte” streaming content.

Instead of films being sold to platforms like Netflix , the model hinges on the marketing budget of the filmmakers.

Olyn allows filmmakers to retain up to 90% of their revenue while giving audiences access to a streaming experience.

The company claims it could be a game changer for the independent film industry.

Olyn flips this model on its head by allowing filmmakers to monetize directly based on viewership.

Olyn has so far raised only a small amount of funding in a combination of $2.8 million from U.S. VC firm Hard Yaka and a number of angel investors.

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informal

Language

English