It plans to fulfil its existing commitments, but will not seek the renewal of any contracts.
A spokesperson for Arqiva told Broadband TV News it was “business as usual”.
“We will gradually seek to exit Playout and reposition our Occasional Use (OU) business, moving away from the uplink and distribution of events via satellite.
“We will continue to operate in the live events space as a managed service provider and will be focusing our efforts on services that ensure content acquisition, contribution and distribution (including OTT and VOD). More broadly we also see growth in our satellite data communications business.
Arqiva said its key customers were aware of its intentions and no redundancies are planned as a result of the changes.