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Pankaj Bhushan, VP of S&M for the company
and, the executive who negotiated the license:
We are rapidly closing the circle on
our 360 degree content strategy."
TinselVision
has also signed a distribution deal with
Shemaroo for download of movies. Through
the terms of the agreement, TinselVision
has obtained nonexclusive license
to distribute, via its online service, about
100 Shemaroo movies including recent releases
- Naya Daur, Dhamaal and the award winning
Manorama Six Feet Under.
The
partnership is expected to expand beyond
the initial 100 film deal. TinselVision's
content distribution partnership with Shemaroo
Entertainment adds to our excitement as
we count down to the public launch of our
beta online video-on-demand service,
says Weir.
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Shemaroo Entertainment director Jai Maroo,
Innovation being an ongoing process
at Shemaroo Entertainment, we are always
working to create and bring the best experience
to consumers across the globe through different
formats. New technologies like Internet,
IPTV, Mobile and other emerging technologies
are just a natural extension of our existing
work portfolio. We are certain that exhibiting
our movies online with services like TinselVision
will benefit the International consumers
who can now access Indian movies online
at their convenience. This effort will also
help us monetize the revenues lost to piracy.
TinselVision
has already tied up content deals with Zee
TV and Star India. The US-based Indian-centric
venture is also in talks to get in sports
content.
Also
Read:-
TinselVison
valued at $20 million, closes Series B financing
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