Video Streaming Service, Shomi, Shutting Down as of Nov. 30
TORONTO – Video streaming service, Shomi, announced Monday it will shut down at the end of November, two years after it launched.
“The business climate and online video marketplace have changed markedly in the last few years,” David Asch, senior vice-president and general manager for Shomi, said in a statement.
“Combined with the fact that the business is more challenging to operate than we expected, we’ve decided to wind down our operations.”
Asch said the company remains proud of the service it launched and the role it play in evolving video landscape in Canada.


