BT Doubt Over Uncertain Future for UK OnLive Broadband Video Game Service

Posted: 2012/08/21 in Bandwidth Management, Education / Awareness, New Business Models, Stats / reports, Tech Evolution

Unfortunately OnLive USA ran into serious financial problems last week and narrowly avoided bankruptcy by spinning (selling) itself off to venture capitalist group Lauder Partners LLC and effectively becoming a new company. As it stands now the OnLive service will continue to operate with the same name, albeit with half the staff it had before.

OnLive currently has around 1.5 million “active” subscribers but most are free accounts and only a small portion of those are understood to have taken their commercial / paid membership service, hence the problems.

More:
http://www.ispreview.co.uk/index.php/2012/08/bt-doubts-over-uncertain-future-for-uk-onlive-video-game-service.html

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