Media streamer Plex was promising to expand its free streaming service to include rentals years ago, but that announcement arrived just ahead of the pandemic — at the Consumer Electronics Show in January 2020. The company then also faced a host of other issues, including technical concerns, that required the company to reprioritize its plans. Now, Plex says it’s finally nearing the launch of a marketplace that will allow consumers to find movies and TV shows for rent or purchase, making Plex even more of a one-stop-shop for all your media content.
The company said it expects to launch its TVOD store (transactional video on demand, aka rentals) by the second quarter of this year, if not sooner.
Asked what the holdup was, Plex admitted the project was more challenging than it first anticipated.
“It was a lot harder than we thought,” said Plex co-fo...