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Transforming Arab Interactivity; Perspective from a Venture Capital Firm

ATH announces investment in ShooFeeTV

IV Holdings, Accelerator Technology Holdings's (ATH) wholly owned subsidiary, has become a strategic financial investor in ShooFeeTV, the main provider of Arab satellite channel information. This investment merges ATH’s enterprise development expertise with ShooFeeTV’s rapidly expanding entertainment content.

"With a fragmented market of over 280 satellite channels catering to an Arab audience, ShooFeeTV has developed TV guidance products that enhance the entertainment experience. ShooFeeTV will empower TV fans to make the most of their relationship with the world of television, across satellite, the internet, and mobile platforms. The company is a pioneering project with a promising future," said Fawaz Zu’bi, ATH Founder and CEO.

ShooFeeTV will be the first website to unify the information regarding on hundreds of Arab satellite channels in one place. It will be free for visitors and easy to use, with additional SMS and email reminders for upcoming movies, television shows and other programs.

“This investment is crucial to realizing ShooFeeTV’s goal of capturing an undeveloped market across the Arab world,” said Amjad Tadros, “ShooFeeTV founder and CEO. The fact that ATH is investing in the ShooFeeTV start-up serves as a “testimony to the success of ShooFeeTV and its unique position in the market," added Amjad Tadros. “We are now poised to fully leverage two years of research and development to deliver content related to Arab satellite television channels, programs, and personalities as seen by hundreds of millions of viewers in the region.”

ShooFeeTV is online at www.shoofeetv.com, with a full launch in the coming months. ShooFeeTV is an independent, centralized site for television viewers to see what’s on their many satellite channels and when, the first-of-its-kind in the Arab world. In addition to TV listings and programming the content will include video clips, photographs and celebrity news.


ShooFeeTV's Logo


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