Streaming service iFlix, previously reported to be raising a $150m round, has attracted $45m from broadcaster Sky as part of a strategic partnership agreement.

Broadcaster Sky invested $45m in Malaysia-based video streaming service iFlix today, including $2.5m worth of shares that were bought from unnamed existing investors.

The two companies have also formed a strategic agreement to seek out potential areas for collaboration across iFlix’s markets, which currently include Malaysia, Thailand and the Philippines.

Founded in May 2015, iFlix has bult a subscription-based TV streaming platform. It claims the service has attracted more than a million users to date and hopes to extend into…