Sky to close on demand service Acetrax

After acquiring the Zurich-based company in May 2011, Sky has just announced that they intend to close down the streaming and download service, Acetrax, next month.

Acetrax, which launched in Switzerland in 2006, offers streaming and DRM-encrypted downloads via connected TVs and mobile apps and was thought to be worth around £2.3 million. Early on, Panasonic and Samsung were supporters of the proposition but recent years have seen the service roll out on most next generation television sets.

June 21st will see the service halt, with users given the opportunity to re-download purchased content.

It is thought that Sky intends to focus its energy on its home grown OTT offering, NowTV.