The document discusses Plex, a company that manages personal media so it can be enjoyed across devices. Some key points:
- Plex has millions of active users worldwide and is available on major platforms and devices.
- It was founded in 2009 and is privately held, with over 20 million devices loaded worldwide and viral user growth over 5% per month. The company has a global focus and profitable freemium business model.
Make sure we nail definition of “personal media” in the first buildThe explosion of personal videos, music and photos and the growing availability of online content is making it difficult to manage and enjoy it all across all of your devices.
Plex is a personal media app that makes it easy to enjoy, manage and share your video, music and photos and access it from all of your devices.
Cord-cutting - US pay TV companies lost 316,000 subscribers for the 12-month period ending in June.Personal Media – Household storage to grow from ~500 gigs to 3.5 terabytes by 2016 (Gartner)Devices – more devices than people by the end of 2013