Launched April 2013 Zodiak Clips was to be an ‘on-line clips exploitation initiative’ which aimed to monetise short form content from across the Zodiak Media group via Zodiak Rights as well as third parties.
The division closed this week, Zodiak told Footage News: “Zodiak Rights has decided to close its dedicated Clips business, in order to focus on its core activity of exploiting programme and format rights. Going forward the Clips business will be handled by Zodiak Rights’ existing sales team.”