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MUMBAI: UTV has announced that it is launching
titles from its World Movies catalogue on home
video in May.
UTV
Motion Pictures says that it has got a varied
catalogue of titles whose telecast rights have
been acquired directly from the sole distributors
of the films. The company says that its home
distribution network in the metros, mini metros
and class-1 towns in India reaches close to
one million towns across the country.
The
UTV Home Video division distributes its own
movies - big Bollywood blockbusters, as well
as Hollywood content.
UTV Entertainment Television CEO Shantonu Aditya
says, "As a strong company philosophy,
we have always believed in retaining our intellectual
property rights as this makes us valued content
custodians. We are very positive on the tremendous
scope and growth prospects of this business
and we know that this business model would drive
our revenues significantly. We are going to
provide value for money to Indian viewers as
they get to see original versions of some of
the most entertaining and recent box-office
hits from around the world."
World
Movies has a library of over 500 titles including
blockbuster hits and award winners across film
festivals from around the world including the
Oscars. Almost 50 per cent of these titles are
available on DVD. Some of these titles include
the Spanish film Buenos Aires 1977 that
was nominated for the Golden Palm at Cannes
in 2006; the new Carlos Saura musical Fados,
La Zona - award winner at the Toronto
International Film Festival and the Venice Film
Festival; and Pierre Salvadori's comedy Priceless,
a movie that ably demonstrates that if money
cannot buy love, it sure can purchase lots of
obsequious service from four-star hotel staffers
and costly goodies from laughably pricey boutiques!
UTV adds that with several players in the market
fighting for larger mind share of audiences,
home video is at a significant stage in India
with a lot of scope for penetration. Products
are being offered at much lower costs to beat
competition and exploitation is rampant after
each theatrical release. The hardware costs
of the DVDs are also getting lower.
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