Waipu.tv

What Waipu.tv does

Waipu.tv is a German IPTV streaming platform operated by Exaring AG, a company majority-owned by Freenet AG and headquartered in Munich. The service delivers more than 300 live TV channels, including 70+ Pay-TV channels, alongside 40,000+ video-on-demand titles, transmitted over a proprietary fiber optic network that eliminates the need for cable, satellite, or antenna infrastructure. Its technology stack supports cloud DVR recording, restart and pause of live TV, multi-room streaming across up to four simultaneous devices, and proprietary hardware devices including the waipu.tv Stick, 4K Stick, Hybrid Stick, and Box.

The platform operates a three-tier subscription model — Start (€4.99/month), Comfort (€7.49/month), and Perfect Plus (€14.99/month) — with add-ons for Pay-TV, Turkish-language content, mobile usage, and additional cloud recording. A defining feature of the business model is its role as a streaming aggregator: Perfect Plus can be bundled with Netflix, HBO Max, Disney+, DAZN, WOW, and Joyn+, allowing waipu.tv to capture commission or revenue share from third-party OTT subscriptions sold through its platform. Hardware sales (Sticks at €79.99, Box at €129.99) provide a secondary revenue stream.

Waipu.tv serves over 2 million residential customers primarily in Germany, with growing reach into Switzerland via Sunrise and Italy via TIM. The company distributes through a multi-channel GTM combining direct-to-consumer web sales, telco bundling (Deutsche Glasfaser, klarmobil), retail (MediaMarktSaturn, Amazon), and native apps on every major smart TV and streaming platform (Samsung, LG, Fire TV, Apple TV, Google TV, Roku, Titan OS). As of January 2026, Exaring AG was preparing a potential Frankfurt IPO with Citigroup and Berenberg as global coordinators, targeting a valuation of up to €1.5 billion.

Name

Waipu.tv

Legal name

EXARING AG

Website

https://waipu.tv

Company type

Private

Founded year

2016

Operating status

Operating

Short description

Waipu.tv is a German IPTV streaming platform operated by Exaring AG (majority-owned by Freenet AG) that delivers 300+ live TV channels and 40,000+ VoD titles to over 2 million residential subscribers via proprietary fiber infrastructure, bundling Netflix, HBO Max, Disney+, DAZN, and WOW into a single subscription.

Ownership category

akta.pro rank

Product category

Internet Protocol Television (IPTV) Streaming

NAICS

Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (5162), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621), Motion Picture and Video Distribution (51212)

SIC

Cable & Other Pay Television Services (4841), Household Audio & Video Equipment (3651)

akta.pro primary industry

Live TV Streaming (vMVPD/IPTV OTT) (MPACAAAD)

akta.pro secondary industries

Live Streaming & Low-Latency OTT Orchestration (LL-HLS, DASH, WebRTC) (MPAHAJAK), Pay-TV Value-Added Services (DVR, VOD, TV Everywhere, Apps) (MPABAGAG), Set-Top Box, CPE & Home Video Distribution Hardware (STB/Gateways/Remotes) (MPABAGAI)

Keywords

• IPTV streaming service
• Live TV streaming
• Video on demand
• Cloud DVR recording
• Streaming hardware devices

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Personnel

Revenue model

1. Subscription Fees: Monthly subscription fees from three main packages: Start (€4.99/month with 12-month commitment), Comfort (€7.49/month), and Perfect Plus (€14.99/month). Premium add-ons include Pay-TV option, Turkish option (€10/month), mobile usage option (€3/month), and additional recording storage (€4.20/month for 100 hours).
2. Streaming Partner Bundles: Revenue sharing or commissions from bundled streaming services including Netflix, HBO Max, Disney+, Joyn+, WOW (filme/serien and live-sport), and DAZN. Customers purchase combined packages at discounted rates.
3. Hardware Sales: One-time sales of proprietary hardware devices: waipu.tv Stick (€79.99), waipu.tv 4K Stick, waipu.tv Hybrid Stick, waipu.tv Box (€129.99), and Ethernet Adapter. Also available via monthly rental in combination packages.

Pricing tiers

Go-to-market motion3 records

Distribution channels13 records

Marketing channels8 records

Core offering

Waipu.tv is an internet-based IPTV streaming platform operated by Exaring AG (majority-owned by Freenet AG) that delivers 300+ live TV channels and 40,000+ video-on-demand titles over the internet without requiring cable, satellite, or antenna infrastructure. The service provides cloud DVR recording, restart/pause functionality, and multi-device streaming across Smart TVs, streaming sticks, smartphones, and web. Core subscription packages (Start, Comfort, Perfect Plus) are augmented by proprietary hardware devices (Stick, Box) and bundled streaming partnerships with Netflix, HBO Max, Disney+, DAZN, WOW, and Joyn+.

Product overview

Waipu.tv is a German IPTV streaming platform operated by Exaring AG (majority owned by Freenet AG) that delivers live television and on-demand content over internet connection without requiring cable, satellite, or antenna infrastructure. The core product portfolio consists of three subscription tiers: Start (€4.99/month for 250+ channels with basic features), Comfort (€7.49/month for 300+ channels, 20,000+ VoD, 50 hours recording), and Perfect Plus (€14.99/month for 300+ HD channels, 40,000+ VoD in waiputhek, 150 hours recording, 4 simultaneous streams). The platform integrates multiple streaming service bundles including Netflix, HBO Max, Disney+, DAZN, WOW, and Joyn+ as add-on options to Perfect Plus. Hardware offerings include the waipu.tv Stick (2nd Gen), 4K Stick, Hybrid Stick, and Box devices. Key features include cloud-based recording, restart/pause functionality, multi-room streaming, and Google Cast/Apple AirPlay support. The company has approximately 2 million satisfied customers and is planning a potential IPO valued at up to €1.5 billion.

Differentiator

Problem solved

Functional benefit

Products and services

• waipu.tv IPTV Streaming Platform Over-the-top (OTT) IPTV streaming service delivering 300+ live TV channels in HD and 40,000+ video-on-demand titles via internet connection, eliminating the need for cable, satellite, or antenna infrastructure. Features cloud DVR, restart, pause, and multi-device streaming for German-speaking households.
• waipu.tv Stick (2nd Gen)

Quantifiable outcome

• Germany's largest HD TV portfolio
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature6 records

Partnerships

18 partnerships are on record, tiered minor and core.

• Sony Pictures Entertainment DeutschlandminorStrategic or Co-development Partner · 25 June 2026Partnership agreement for content distribution through waipu.tv platform.
• Deutsche GlasfasercoreChannel Partner/ Reseller/ Distributor · 24 March 2026Long-term strategic partnership where Deutsche Glasfaser bundles waipu.tv TV streaming with their fiber internet products for residential customers. Deutsche Glasfaser is a major German fiber network operator.
• HBO Max / Warner Bros. DiscoverycoreGTM or Marketing Partner · 9 January 2026waipu.tv is official HBO Max launch partner in Germany, Austria, and Switzerland. Offers bundled packages with HBO Max tiers (Basic with Ads, Standard, Premium).
• klarmobilminorChannel Partner/ Reseller/ Distributor · 4 November 2025Cooperation bundling waipu.tv TV streaming with klarmobil mobile flat-rate plans. Offers one year of TV streaming plus mobile service.
• NBC Universal Global Networks DeutschlandcoreStrategic or Co-development Partner · 5 February 2025Extended long-term distribution agreement for NBC Universal channels including 13th Street, SYFY, Universal TV, and others.
• MediaMarktSaturn DeutschlandminorChannel Partner/ Reseller/ Distributor · 24 October 2024Cooperation for distribution of waipu.tv hardware (Stick, Box) through MediaMarkt consumer electronics stores in Germany.
• RTL+minorChannel Partner/ Reseller/ Distributor · 8 October 2024Distribution partnership for RTL+ streaming service as part of HBO Max European rollout.
• ZDF StudiosminorStrategic or Co-development Partner · 29 July 2024Partnership agreement for ZDF content distribution including crime series and other ZDF programming.
• The Walt Disney Company DeutschlandcoreStrategic or Co-development Partner · 2 May 2024Comprehensive distribution agreement bringing Disney+ and Disney Channel content to waipu.tv platform.
• ARD PlusminorGTM or Marketing Partner · 12 December 2023Cooperation bringing ARD content including ARD Plus crime classics to waipu.tv platform.
• Paramount+minorGTM or Marketing Partner · 1 December 2023Promotional partnership offering 12 months of Paramount+ free to waipu.tv customers, followed by ongoing cooperation.
• Sky (now WOW)coreChannel Partner/ Reseller/ Distributor · 6 November 2023Initial cooperation agreement with Sky Deutschland leading to current WOW partnership.
• NetflixcoreGTM or Marketing PartnerStreaming partner offering bundled packages combining waipu.tv Perfect Plus with Netflix Standard, Standard with Ads, or Premium. Regular joint promotional campaigns including 50% discount offers.
• Disney+coreGTM or Marketing PartnerStreaming partner with bundled packages combining waipu.tv Perfect Plus with Disney+ Standard with Ads, Standard, or Premium tiers.
• DAZNcoreGTM or Marketing PartnerSports streaming partner offering DAZN Super Sports and DAZN Unlimited add-ons. DAZN Unlimited includes linear DAZN 1 and DAZN 2 channels in the waipu.tv package.
• WOW (Sky Deutschland)coreGTM or Marketing PartnerStreaming partner (formerly Sky Ticket) offering WOW Filme & Serien and WOW Live-Sport options bundled with waipu.tv Perfect Plus.
• Sky DeutschlandcoreStrategic or Co-development PartnerExpanded successful partnership for distribution of Sky content. WOW is the streaming brand of Sky Deutschland.
• Joyn+minorGTM or Marketing PartnerBundling partnership with Joyn+ streaming service, offering combined entertainment packages.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Sling TV (Dish Network): Sling TV is the US IPTV over-the-top service from Dish Network offering live channel bundles. It is structurally analogous to waipu.tv (live TV aggregation, no cable required), though operating in a different geography.

Direct peers

• Zattoo: Zattoo is a Swiss-based IPTV and live TV streaming service operating across DACH with web, mobile, and Smart TV apps. It directly competes with waipu.tv on live TV channel aggregation in Germany and Switzerland.
• RTL+ (RTL Deutschland): RTL+ is RTL Deutschland's streaming service offering live RTL channels, originals, and premium content. It competes with waipu.tv for German viewers seeking both live TV and on-demand in a single subscription.
• Joyn (ProSiebenSat.1 / Warner Bros. Discovery): Joyn is a major German OTT streaming platform combining live TV channels and on-demand content. It is both a waipu.tv partner (Joyn+ bundled) and a direct competitor in free and paid live TV streaming in Germany.

Broad incumbents

• 1&1 HD TV (1&1 Versatel / United Internet): 1&1 HD TV is United Internet's IPTV service bundled with DSL/fiber broadband. It overlaps directly with waipu.tv's channel lineup and bundling strategy, especially on the entry-tier channel market.
• WOW (Sky Deutschland): WOW is Sky Deutschland's standalone streaming service (formerly Sky Ticket). It is a waipu.tv bundle partner and a competing paid OTT offering for movies, series, and live sports in Germany.
• MagentaTV (Deutsche Telekom): MagentaTV is Deutsche Telekom's IPTV/pay-TV offering bundled with its broadband and mobile services. It is the largest incumbent IPTV provider in Germany and competes head-to-head with waipu.tv's cord-cutting proposition.
• Vodafone GigaTV: GigaTV is Vodafone Germany's IPTV platform bundled with cable, DSL, and mobile. It is one of waipu.tv's main incumbent competitors, leveraging Vodafone's broadband base for convergent TV delivery.

Regional players

• HD+ (HD PLUS GmbH / SES): HD+ is a satellite-based HD TV platform operated by SES in Germany/Austria, providing HD channel aggregation and streaming apps. While satellite-centric, it overlaps with waipu.tv's HD channel aggregation proposition in the German market.
• Ziggo GO (VodafoneZiggo): Ziggo GO is the Dutch IPTV streaming service from VodafoneZiggo providing live TV and on-demand to subscribers. Comparable to waipu.tv in business model (live TV over OTT), though primarily operating in the Netherlands.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/waiputv
• YouTubeyoutube.com/@waiputv
• Facebookfacebook.com/waipu.tv
• LinkedInlinkedin.com/company/exaring
• Instagraminstagram.com/waipu.tv

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Waipu.tv