Accelerator Technology Holdings (ATH) has become a strategic financial investor in ShooFeeTV, the premier provider of Arab satellite channel information. This investment brings together ATH’s enterprise development expertise with ShooFeeTV’s knowledge base and dynamic management.
"With a fragmented market of over 280 satellite channels catering to an Arab audience, ShooFeeTV has developed TV guidance products that enhance the entertainment experience. ShooFeeTV will empower TV fans to make the most of their relationship with the world of television, across satellite, the internet, and mobile platforms. The company is a pioneering endeavor with a promising future," said Fawaz H. Zu’bi, ATH Founder and CEO.
ShooFeeTV is a unique venture, with a vision of becoming the leading provider of information related to Arab satellite television channels across multiple media platforms, enabling viewers to maximize their personal entertainment experience.
“This investment is crucial to realizing ShooFeeTV’s goal of capturing an undeveloped market across the Arab world,” said Amjad Tadros. ShooFeeTV’s Founder and CEO. “The fact that ATH is investing in ShooFeeTV serves as a testament to the potential of this opportunity. We are now poised to fully leverage two years of research and development to deliver content related to Arab satellite television channels, programs, and personalities as seen by hundreds of millions of viewers in the region.”
The first service of its kind in the Arab world, ShooFeeTV's content includes programming grids for more than 150 channels; programming and celebrity information; video clips; photographs; television entertainment news and more.
Shoofeetv.com will be the first product to be launched, within the coming weeks, followed by the launch of a 24-hour free-to-air satellite channel, mobile content delivery, podcasts and various third-party syndication services.
© 2008 Al Bawaba (www.albawaba.com)
