Ustreme is giving entrepreneurs the chance to invest in the successful TV streaming platform, while supporting the best of British comedy, through the Government supported Enterprise Investment Scheme.
The streaming platform was launched by comedian Jim Davidson OBE during the Covid pandemic while he was unable to tour with his stand-up show.
More than 10,000 subscribers have signed up in the 18 months since the platform’s launch – and the Enterprise Investment Scheme has now been launched to support the next stage of growth.
The platform has one aim: “To make people laugh like they used to.”
Unlike other streaming platforms that feature vast genres of content and then suffer a high ‘churn rate’ of subscribers as a result, Ustreme’s niche focus on proper comedy enjoyed like ‘the good old days’ has appealed to a loyal following of members.
As part of the platform’s business model for growth, Ustreme has secured the rights to dozens of exclusive titles from a number of comedy legends, including Jim himself, Jethro, Freddie Starr, Bob Monkhouse and Ronnie Corbett.
Investment has also been ploughed into the creation of brand-new programmes, such as the ‘Face To Face’ series, which sees inimitable celebrity interviewer Alex Belfield sit down for soul-baring chats with a host of stars, including Frank Bruno, SAS hero Billy Billingham, Right Said Fred and Francine Lewis.
A new Question Time-style panel show (but with jokes and without the ‘woke) called ‘Left Right & Centre, will be starting production in the coming days. The show, which has received national press coverage, will be filmed in front of live audiences at Wimborne’s Tivoli Theatre and feature a host of comedians – including Bobby Davro, BGT star Danny Posthill and Michael Hackett – from across the political spectrum to debate the biggest issues of the day. The programme will then be streamed exclusively on Ustreme.
Apps for mobile phones and smart TVs are currently in development to make it easier for people to access the platform.
Davidson said: “One of the lowest churn rates among major services comes from niche TV streamers, owing to their focus as well as viewers’ ‘dedication and affinity’ for its content.
“Ustreme has taken this ‘niche’ approach and modelled its business plan on focusing on the viewer and offering unique and exclusive content. Streaming ‘scheduled’ current affairs programmes and comedy, whilst still providing the viewer a choice of when to watch, has proved successful during the initial launch of the platform.
“We will continue to licence content that suits our chosen remit with programmes and films that cannot be seen on other channels.
“It is now time for the next stage of growth.”
Ustreme is offering investors, via the EIS, 20% of their shares for £1m, to enable it to ramp up production of new, exclusive content and attract even more subscribers.
The Government-backed EIS scheme offers a number of benefits to investors, including an income tax relief of up to 30%, capital gains referral, tax-free inheritance after three years and loss relief.
For more information about investing in Ustreme, please email Marc.email@example.com