Streaming Service Wuaki.TV Expands to Portugal and Holland

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Lisbon, Portugal

The Japanese-owned streaming service will reach 12 European countries

Streaming service Wuaki.TV said Monday it will expand its VOD services to Portugal and Holland by the end of the year, growing its European operation to include 12 countries.

Owned by Japanese internet giant Rakuten, Wuaki’s online streaming service reaches Spain, U.K., France, Germany, Italy and five other EU territories.

“We are very happy to be able to announce our entrance into Holland and Portugal since this operation allows us to say we are the most widely extended TVOD service in smart TVs in Europe,” Wuaki founder and CEO Jacinto Roca told The Hollywood Reporter

Roca added: "Our international growth is a priority since Rakuten’s acquisition of the company, because it meshes with the Japanese company’s bid to be the world leader in digital services.”

Barcelona-based Wuaki will offer the same content from U.S. majors and independents in its new territories as it does elsewhere in Europe.

Wuaki, which first launched in Spain in 2009, currently boasts some 3.5 million users and predicts 5 million by the end of next year.

Wuaki announced earlier this year it will start co-producing local content in 2017.