Brands
Zicom Electronic Security Systems partners INOX, Carnival Cinemas for Street Smart
MUMBAI: One of India’s leading electronic security companies Zicom Electronic Security Systems Ltd had recently partnered with INOX and Carnival Cinemas across metro cities – New Delhi, Mumbai, Gandhinagar, Faridabad, Gurgaon, Bangalore, Kalyan, Navi Mumbai, Pune, Thane, Chennai, Hyderabad, Kolkata, Ahmedabad, Gaziabad and Noida for a brand engagement activity for its recently launched vehicle passenger safety solution, Street Smart.
Street Smart, through the power of artificial intelligence and bot technology, caters to the safety concerns of the discerning road traveller.
Speaking about this activity, Zicom Electronic Security Systems Ltd manager marketing Forum Shah said, “Street travel has become the norm of the day today. Yet while most of us travel by road for work or leisure, not many of us are prepared for unfortunate situations that could arise. At Zicom Electronic Systems we believe that “Prevention is best”
“Since we launched Street Smart, early this year, we have been confident about the value in terms of safety & security that our product will be able to offer travelers on the road. We are hopeful that our recent on-ground activation will help us to develop a better connect with our audience,” he added.
At the movie screening, before the film begins and after the lights go out, there will be an audio announcement stating that a black sedan has been wrongly parked. The act will seem genuine to get the attention of the audience. This will be followed by the commentator highlighting how Street Smart can help a consumer against such inconvenient events.
Brands
UK’s OnlyFans seeks US investor at $3bn valuation after owner’s death
The adult video platform is seeking stability after the death of its billionaire owner
LONDON: OnlyFans is looking for a new partner. The London-based adult video platform is in advanced talks to sell a minority stake of less than 20 per cent to Architect Capital, a San Francisco-based investment firm, in a deal that would value the business at more than $3bn (£2.2bn).
The move is driven by an urgent need for stability. Leonid Radvinsky, the Ukrainian-American billionaire who owned OnlyFans, died of cancer last month at the age of 43, leaving the future of one of Britain’s most profitable privately held businesses suddenly uncertain.
The choice of Architect Capital is not arbitrary. The firm has deep expertise in financial services, which aligns neatly with OnlyFans’ ambitions to offer banking products to its creators, many of whom have long struggled to access basic financial services because of the nature of their work.
The numbers behind OnlyFans are, by any measure, staggering. The platform posted revenues of $1.4bn in the year to 30th November 2024, with a pre-tax profit of $684m, up four per cent on the prior year. Payments to creators totalled $7.2bn over the same period, a rise of nearly ten per cent. Radvinsky personally collected $701m in dividends from the business in 2024 alone, on top of more than $1bn in such payments he had already received. The platform, run through its parent company Felix International, hosts 4.6m creator accounts, with performers keeping 80 per cent of subscription proceeds and the platform pocketing the remaining 20 per cent. It has 377m fan accounts in total.
The current minority stake talks represent a notable scaling back of ambitions. In January, OnlyFans was reported to be in discussions with Architect about selling a majority stake of 60 per cent. Before that, the company had explored a sale to a consortium led by Forest Road Company, a Los Angeles-based investment firm. Neither deal materialised.
OnlyFans has built an enormously lucrative business on content that mainstream finance has long refused to touch. Now, with its owner gone and a $3bn valuation on the table, it is looking for the kind of respectable institutional backing that might finally persuade the banks to take its calls.
