Cynopsis Media Tech Update

FAST Studios has launched, aimed at investing in and operating free ad-supported streaming television channels. “The next generation of TV is shaping up quickly as the lines between OTT and linear continue to blur,” said Stuart McLean, CEO of FAST Studios. “We are seeing gaps and obstacles for current and future channel owners who need to act like broadcasters to compete. FAST Studios addresses these needs by acting as a strategic investor, operator and distributor of channels, lowering the barrier to entry while delivering broadcast quality channels and infrastructure.”