Cindie and PausTV announce their transaction under which Cindie has acquired the Paus TV technology platform and content assets to allow the companies to combine their technology and content platforms into a next-generation content branding and delivery platform, focused on distributing the world’s best independent feature films and TV series across all windows and emerging technologies.

The combined platform will leverage the market-leading distribution network of CiND!E across all VOD windows with the Paus Web3 technology platform to create a distribution business that will securely deliver the best indie content across owned, operated and third-party platforms, as well as via blockchain. This coupling of innovation and premium IP is a powerful offering in LATAM, which is currently the 7th largest Web3 market and 2nd fastest-growing streaming market in the world.

As a result of the acquisition, Rishi Kapoor, the founder and CEO of Paus will join the board of Cindie.

Daniel Sandelson, chief commercial officer of Cindie said:

“We are delighted to welcome Paus to our company. The logic of our cooperation is strong, and we are now able to offer film-makers, sales agents and distributors a multi-technology branded platform to access film and TV enthusiasts worldwide via all VOD, and the creation of added value through unique tokenised digital products such as NFTs.”

Rishi Kapoor, founder and CEO of Paus said

“I’m incredibly honoured to see Paus become part of Cindie’s growing media empire. CiND!E is the perfect home for our business, our content library and our rich community. We are all very excited to see how the combined offering is going to accelerate the growth of their business, and stretch the boundaries of their creativity.”

About Cindie: www.cindie.com Cindie is already the leading VOD platform for independent content in Latin America, having pioneered the premium VOD space for feature films like Parasite and Portrait of a Lady on Fire, and distributes its SVOD branded service across all major cable, OTT and IPTV platforms such as NetClaro, DISH and Flow in the region. It also distributes CiND!E across major AVOD and smart TV networks such as Roku, ****Samsung and VIDAA.

About Paus: Paus is a technology-focused media and entertainment company (see https://www.paus.tv). Founded in 2020, Paus has built cutting-edge technology, combining premium entertainment with Web3, to stream and monetise global film and TV content. With a library of almost 2,000 titles and a global network of 10,000 film producers, Paus is going to bring its content and technology to CiND!E customers across LATAM. UK based – Paus was founded by Rishi Kapoor, a former media professional at Sony Pictures, NBCUniversal and Warner Bros. Discovery, where he worked on streaming deals with Netflix, Amazon and Apple.