Australian entertainment application, Searchr.TV reports steady growth in June as it announces new product developments, including the launch of its free version.
June’s month-on-month growth saw Searchr.TV achieve over 100% growth in monthly recurring revenue (MRR), a 35% increase in total number of users, a 20% increase in total sessions, a 20% increase in web app traffic and a 60% increase in smart TV traffic.
The freemium version allows Australians to search content across 14 providers and news from LeadStory, which includes 16 global publishers providing breaking news content and FTA sports, with plans to launch audio and gaming soon.
For premium subscribers, who pay as little as $2.50 per month for the annual subscription, Searchr.TV now allows users to create multiple Profiles and offers advanced features including the ability to select their providers, toggle between providers, toggle between free-to-air versus paid, and more.
It has also launched Collections, which allows users to create a collection of their favourite and recommended content and share it via a link with family and friends.
The startup is also gearing up to launch its Audio platform, allowing users to search for and find audio content, including audiobooks, podcasts, radio, and music, across multiple streaming providers.
The Searchr.TV platform is live on all Google OS TVs including Sony, Panasonic, TCL, Kogan, and more, completing its roll out on Samsung TVs, with versions of Apple TV and LG currently in development, set to launch in the coming months. iOS and Android mobile applications have been designed and are now being developed.
Searchr.TV managing director, Tim Wheeler said, “We are continuing our customer-led mission to aggregate the widest range of entertainment in one easy-to-use application that can be used on multiple devices simultaneously.
“Research tells us that most (74%) people would prefer an application rather than a set-top box fixed to one screen. Offering a more comprehensive range of entertainment and content allows users greater flexibility with their search, which audio complements. For content providers, it also allows users, and potential users, to consider a platform they previously didn’t.”