Plex acquires news streaming service Watchup
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Plex users will have a few more channels to add to their media servers. Today, the media streaming service announced the acquisition of Watchup, a news video service.
Plex is a media aggregation service that can seamlessly integrate movies, photos, music, and TV shows into a single hub. The basic service is completely free and allows users to stream media to wireless devices over their network. Recently, Plex has rolled out new features and services, like DVR recording and cloud syncing, for premium users. This acquisition looks to further this movement and bring news streaming into the fold.
Watchup is similar to Plex in that it rolls multiple news media services into a centralized hub. Watchup brings high-grade news through its partnerships with networks CBS, CNN, and Vox. By acquiring Watchup, Plex is hoping to bring a broader range of options to the 35% of 18 to 35 years olds who have “cut the cord” and don’t subscribe to traditional cable television services.
Keith Valory, CEO of Plex, said, “Our mission at Plex has always been to provide our users with one simple and personalized window into all of their media, accessible from any device. Adding a trusted and reliable news experience into Plex, so that people can choose and organize the news they care about along with the other content they care about, is a natural next step for us.”
Details of the merger were not disclosed. Watchup currently employees 9 people, all of whom will join the team at Plex.