LONDON, May 29, 2020 /PRNewswire/ — True Royalty TV, the London-based subscription video on-demand service (SVOD) dubbed ‘the Netflix of Royal TV’ is extending its Crowdcube fundraising campaign following exceptional demand.
TRUE ROYALTY TV
The fundraising has already doubled the initial target, surpassing US$2m in two weeks, and is still rising. Funds raised will be used to capitalize on momentum over the last year and accelerate growth during 2020, by activating new distribution channels and extending the service’s international footprint. The Crowdcube campaign follows private placements totalling more than US$9m from US and UK investors and media industry figures.
In the past six months True Royalty TV has doubled its paying subscribers across the UK, Ireland, Australia, Canada, New Zealand and in particular the US, where there is huge demand for content…