Xumo, a privately owned US company founded in 2011, provides free live and on-demand streaming entertainment. It operates as a joint venture between Charter Communications and Comcast (through its Xfinity brand). As of 2023, Xumo employed approximately 70 people and generated less than $10 million in revenue. The company's main focus is on user experience and devices related to its streaming service.
On June 2024, Xumo addressed inefficiencies in generating editorial metadata for platforms like Xumo Tubi and Roku, citing manual data extraction as a significant bottleneck. Later in 2024, Comcast and Charter's joint venture, Xumo, partnered with Hisense to launch Hisense Channels, a FAST service offering 200 premium channels on Hisense Smart TVs. Hisense selected Xumo Enterprise to power and monetize this service, beginning its rollout on Hisense Google TVs. Also in June 2024, Xumo provided free, no-login streaming to NASCAR fans at EchoPark Speedway, showcasing its user-friendly platform. Finally, on July 5-6, 2024, Xumo was announced as a Founding Partner of the Chicago Street Race Weekend.
Xumo offers 3 products in the media and telecoms services and media tech industries. Xumo's product portfolio comprises of media and TV services and user experience and devices.
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Xumo's revenues were less than $10M in 2023. Caretta Research has split Xumo's revenue into 3 different product categories, the largest of which is video streaming. For full access to Xumo's revenue breakdown subscribe to Caretta Portal.
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Xumo has commercial and technical partners like Element Electronics, Pioneer Electronics and Hisense Group. Examples of Xumo's suppliers include Gracenote, PubMatic and FreeWheel.
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