June 13, 2018
RLJ Entertainment announced that combined subscribers to its two proprietary subscription streaming channels, Acorn TV and Urban Movie Channel, have surpassed 800,000.
That is an increase of more than 100,000 subscribers from December 31, 2017, and more than 45% total growth from a year ago, according to RLJ.
“RLJ Entertainment’s subscriber momentum remains robust as we intensify our investments in compelling original and exclusive content, broaden our distribution on both domestic and international platforms, and enhance our marketing to drive awareness,” said RLJ CEO Miguel Penella in a statement. “Viewership across the OTT landscape is growing rapidly as consumers demand more from their entertainment options, offering increased opportunity for Acorn TV and UMC to thrive. Our unrelenting focus on building must-have digital channel destinations, and continued strong subscriber responses to these efforts, coupled with our expanded distribution footprint, puts us firmly on track to achieve our target of 1 million subscribers by early 2019.”
Acorn TV is a subscription streaming service offering British and international television, and Urban Movie Channel is a subscription streaming service for African American and urban audiences.