CHILItv

CHILItv

Entertainment company distributing movies and series over connected TVs and devices in Italy, UK, Germany, Austria and Poland.

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DateInvestorsAmountRound
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€0.0

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$7.6m

Series C
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR201720202021
Revenues000000000000
% growth--4 %
EBITDA000000000000
Profit000000000000
% profit margin-(10 %)(3 %)
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Company filings or news article

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CHILI is a European entertainment company founded in Milan, Italy, in June 2012 by Giorgio Tacchia and Stefano Parisi. Giorgio Tacchia, leveraging his extensive background at Fastweb, where he headed Media and TV, and experiences at Deloitte, Unilever, and Disney, identified a market opportunity in Europe for a transactional video-on-demand (TVOD) service. His vision was to create a platform that would be complementary to the existing subscription-based models, inspired by the burgeoning OTT platforms in the US.

The company operates primarily on a transactional video-on-demand (TVOD) model, allowing users to pay for individual movies and TV series without a recurring subscription fee. This pay-per-view approach provides flexibility, catering to consumers who prefer not to commit to a monthly subscription. In October 2020, CHILI expanded its business model to include an Advertising Video on Demand (AVOD) feature, offering a selection of free movies supported by advertisements. The service is accessible across a wide array of devices, including smart TVs, Blu-ray players, PCs, tablets, and smartphones. Users can connect up to five devices to a single account and make payments via credit card, PayPal, or a proprietary CHILI Wallet.

Initially focused on the Italian market, CHILI saw significant growth and began its international expansion in 2014, entering Austria, Poland, Germany, and the UK. By 2018, the company had launched in the UK, positioning itself as an entertainment hub rather than just a streaming service. This unique positioning involves offering not only digital content but also official merchandise, physical DVDs, Blu-rays, and cinema tickets. This strategy transforms the platform into a comprehensive one-stop shop for movie enthusiasts. The company has secured backing and content agreements from major Hollywood studios including Warner Bros, Paramount Pictures, Sony Pictures, and 20th Century Fox. In 2021, the CHILI Group was established, structuring the company into five distinct units: CHILI, CHILI TECH, CHILI AGENCY, CHILI MEDIA, and HOT CORN, signifying a broader scope of operations.

Keywords: transactional video on demand, TVOD, pay-per-view movies, streaming service, on-demand content, European entertainment, digital movie rental, entertainment marketplace, AVOD, movie merchandise, cinema tickets, film streaming, TV series on demand, online video platform, CHILI Group, Giorgio Tacchia, subscription-free streaming, digital entertainment, home cinema, movie hub

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