Joyn

Joyn

Cross-provider streaming platform for entertainment

About Joyn

Simplify's Rating
Why Joyn is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Consumer Software

Entertainment

Company Size

51-200

Company Stage

Acquired

Total Funding

$30.4M

Headquarters

Munich, Germany

Founded

2019

Overview

Joyn is a streaming platform that brings together a wide range of entertainment options, including live TV channels, series, documentaries, films on demand, and sports content. Users can access both free and premium content, with the free tier offering a substantial selection and the premium tier, Joyn PLUS+, providing additional pay TV channels and exclusive on-demand shows. The platform is available on various devices such as smartphones, smart TVs, and gaming consoles, making it easy for users to watch their favorite content anywhere. Joyn stands out from its competitors by offering a centralized hub for diverse entertainment options, catering specifically to the German audience. The goal of Joyn is to become the go-to OTT platform in Germany, providing a comprehensive entertainment experience while generating revenue through subscriptions and partnerships with content providers.

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Simplify's Take

What believers are saying

  • Increased demand for localized content boosts Joyn's growth in the European market.
  • Ad-supported streaming tiers offer Joyn a potential new revenue stream.
  • Bundling with telecom packages could significantly increase Joyn's subscriber base.

What critics are saying

  • Intense competition from established platforms like Netflix and HBO in Europe.
  • Strategic changes post-acquisition by ProSiebenSat.1 may affect Joyn's market position.
  • Operational changes from the acquisition could impact Joyn's financial performance.

What makes Joyn unique

  • Joyn offers a mix of free and premium content, unlike many competitors.
  • The platform aggregates content from multiple providers, enhancing its content diversity.
  • Joyn's focus on German OTT content caters to a specific regional audience.

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Funding

Total Funding

$30.4M

Above

Industry Average

Funded Over

0 Rounds

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-4%

2 year growth

1%
Channel News Asia
Sep 14th, 2022
Prosiebensat acquires streaming platform Joyn from Warner Bros. Discovery

BERLIN :Prosiebensat 1 Media SE has revised lower its 2022 core earnings outlook after acquiring the remaining 50 per cent of shares in streaming service Joyn from Warner Bros. Discovery, the German media company said on Tuesday.The company expects the full consolidation of Joyn to make a 25-million-euro dent

EU-Startups
Apr 20th, 2020
5 European Netflix alternatives to watch

Streaming services like Netflix, HBO and Prime Video are probably making lockdown a little easier. The idea for these platforms was first born in the US, but in the last few years these companies have expanded their productions across the world, widening their catalogue and audience significantly. It wasn’t long before the innovative European startup scene caught on to the idea and decided to make our own versions, tailored to a European audience.

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