Sony Pictures Television Networks Acquires Stake in Global Kids SVOD Platform 'Hopster'
Sony Pictures Television Networks has today announced it has taken a minority stake in Hopster, a leading global pre-school SVOD platform, becoming a strategic equity investor and taking a seat on the company’s Board.
The investment complements SPT Networks’ growing kid’s portfolio, particularly in the UK, where SPT Networks’ linear and AVOD services include POP, Tiny Pop and Kix,which make up the largest share of the commercial kids Freeview market in the territory.
Launched in December 2013 by Nick Walters, Hopster helps kids learn through the shows they love, striking the balance between learning and fun. Since launching, the platform has seen exceptional growth and is now available in over 100 countries worldwide, as well as making its debut on Apple TV last year. Hopster is ranked as the #1 grossing pre-school kids’ app in 24 countries, housing a line-up of hit local shows including Reading Rainbow with LeVar Burton and DHX Media’s Monster Math Squad and Franny’s Feet.
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