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It´s a consequence of the downturn in advertising market.The company had reported a recovery in the ad market in these results, but the damage has already been done, with McCall previously describing the downturn as the worst since the financial crisis.

Insight TV delivers 200 hours of content to Roku across the US, Canada, Mexico, and the UK.

The film, starring Elijah Wood and directed by Ant Timpson, is produced by Firefly Films New Zealand and Nowhere.

The deals are with Public Broadcaster SBS Australia, Walter Presents (division of Global Series Network) in the UK, and Antenaplay, the SVOD platform from Antena TV Group Romania. Other offers are also being considered - some in advanced stages of negotiation in the rest of Europe.

A report by Ampere Analysis revealed that, although it experienced a major setback after it announced its ads-supported tier, the platform has seen a major increase in the interest of a more economic option in exchange for having to watch ads.