TORONTO — Shomi says it is shutting down as of Nov. 30 after two years in operation.
The web streaming service attributed the decision to a business climate and online video marketplace that has changed markedly in recent years.
Shomi general manager David Asch says the company is proud of the service it launched and the role it played in the evolution of Canada’s video landscape.
Shomi was launched by Rogers (TSX:RCI.B) and Shaw (TSX:SJR.B) in November 2014.
More to come…
The Canadian Press