Category Specific RSS

Categories: News

Swift extends streaming agreement with Village Roadshow for James Bond franchise and more

If aged care residents get bored of their everyday routines, they’ll be able to nostalgically whittle their days away watching the entire James Bond movie franchise thanks to media tech company Swift Network (ASX: SW1) inking a 5-year deal with Village Roadshow. 

The contract is an extension of one already in place by Swift which provides streaming devices to a range of residential facilities that span Mining and Resources, Aged Care, Government, and Retirement Living. 

These devices enable users to access a catalogue of movies and television shows which are headlined by the entire James Bond movie collection, as well as the Fast and Furious franchise. 

“We are excited to demonstrate our commitment to high quality content with a new 5-year licensing agreement with Village Roadshow,” said Swift CEO, Brian Mangano. 

“Expanding our movie library strengthens our content offering and allows us to continue to offer the best entertainment and communication platform on the market to our clients.”

Unlike popular streaming services like Netflix and Paramount Plus, the Swift network is a closed-loop system which does not require high-speed internet, making it popular amongst the less tech-savvy and remotely located. 

Demand for such services is still in demand as evidenced by the $8.7 million in revenue generated by Swift for the half year ended 31 December 2021. Such demand may be on the decline however, as internet accessibility increases – contributing to the $2.4m loss by Swift over that period.

In its current iteration, Swift is primarily targeting the 150,000 rooms for accommodation within the mining and resources industry and 223,000 residential aged care rooms. 

Alfred Chan

Alfred Chan is a Business Reporter at The Sentiment specialising in ASX-listed small cap companies, a bloodstock enthusiast and former equities analyst.

Recent Posts

Control Bionics Moves to Fully Acquire NeuroBounce Program as EMG-Based Performance Tech Gains Momentum

As interest in neuromuscular activation tools accelerates across elite sport, Control Bionics Limited (ASX:CBL) is…

1 day ago

SKS Technologies Moves to Expand NSW Footprint With Delta Elcom Acquisition

Australia’s data-centre construction sector continues to surge on the back of cloud adoption, AI-driven computing…

2 weeks ago

Monash University Partners with HITIQ to Advance Concussion Science Using Smart Mouthguards

A major Australian research initiative is set to push forward global understanding of brain injury,…

4 weeks ago

Harris Technology targets return to profitability amid surging Refurbished Tech sales and Apple expansion

Following a successful FY25 which saw a boost in gross profit after launching its refurbished…

1 month ago

Pivotal Metals Secures $5.4M to Fast-Track Quebec Drill Program

Pivotal Metals (ASX:PVT) has locked in $5.4 million in fresh funding to accelerate exploration across…

1 month ago

Biotron Expands into Anaesthetics with Sedarex Acquisition and $2.5m Raise

Biotech company Biotron Limited (ASX:BIT) has announced a bold step into the anaesthetics sector, acquiring…

2 months ago