iWorld
ACT Fibernet launches its OTT aggregator platform YuppTV scope
Mumbai: Non-telco internet service provider (ISP) ACT Fibernet announced the launch of its OTT aggregator platform, YuppTV Scope. It will offer its users a range of OTT applications such as ZEE5, SonyLIV, and Voot Select.
YuppTV scope provides users with a single-subscription OTT streaming platform with a large selection of live TV channels, eliminating the time-consuming task of accessing and managing multiple apps on their devices.
Customers will receive 400+ live channels, 1000+ TV shows, 500+ originals, and 10,000+ movies as part of this package.
YuppTV founder and CEO Uday Reddy said, “We are excited to partner with ACT Fibernet to launch YuppTv Scope, our single-subscription OTT streaming platform for ACT broadband users. YuppTV Scope offers a unique differentiation by bringing a traditional TV experience to the platform, which we are sure will be enjoyed by platform users. At YuppTV, we look at revolutionising content consumption in the country and ushering in the era of OTT, through this tech-driven content curation platform YuppTV Scope.”
While existing customers can visit actcorp.in/yupptvscope, enter their registered mobile number or user ID, and generate an OTP to subscribe and add to their bill, new customers can contact the sales representative at the time of booking and request an add-on to their bill.
Furthermore, new customers who book their connection online can add YuppTV Scope at the time of booking.
YuppTV Scope provides users with a single-subscription OTT streaming platform that includes SonyLIV, ZEE5, Voot Select, and YuppTV—with an extensive bouquet of live TV channels, eliminating the time-consuming task of accessing and managing multiple apps on their devices.
The platform provides a highly curated experience with personalised recommendations based on viewership patterns, which are manually curated by a team of experts while also utilising AI and ML capabilities.
YuppTV Scope simplifies content discovery even further by eliminating the need to access multiple apps to find appropriate content from device types such as Smart TVs, PCs, mobile phones, tablets, and streaming media players.
In the coming weeks, YuppTV Scope will add two more premium OTT partners to the subscription package.
Atria Convergence Technology marketing head Ravi Karthik said, “Today, the OTT market boasts 55+ video entertainment apps and is still growing. With so many choices, Indian OTT customers are finding it difficult to subscribe to multiple video services separately. Thus, OTT aggregation services are becoming more popular in the country. With Yuppscope, we aim to satisfy the rising consumer demand for original content and offer a hassle-free experience of subscribing to many platforms with a single click.”
“We are excited to launch a platform that is fast and provides the best entertainment in the form of a simple monthly subscription with a single sign-up for accessing multiple streaming services,” he added.
iWorld
Bill Ackman’s Pershing Square makes $64 billion bid to acquire Universal Music Group
Ackman pitches NYSE relisting plan as UMG board weighs unsolicited offer
The hedge fund has proposed a business combination that values UMG at €30.40 per share, representing a hefty 78 per cent premium to its current trading price. The offer includes €9.4 billion in cash alongside stock in a newly formed entity, with shareholders set to receive €5.05 per share in cash and 0.77 shares in the new company for each UMG share they hold.
Under the proposal, UMG would merge with Pershing Square SPARC Holdings Ltd and re-emerge as a Nevada-based entity listed on the New York Stock Exchange. The move is designed to boost investor visibility and potentially secure inclusion in major indices such as the S&P 500.
Pershing Square Capital Management ceo Bill Ackman argued that while UMG’s operational performance remains strong, its market valuation has lagged due to external factors. “UMG’s stock price has languished due to a combination of issues that are unrelated to the performance of its music business,” Ackman said, pointing to concerns ranging from shareholder overhang to delayed US listing plans.
Ackman also flagged what he sees as untapped potential in UMG’s balance sheet and a lack of clear capital allocation strategy. He added that the market has not fully recognised the value of UMG’s €2.7 billion stake in Spotify, alongside gaps in investor communication.
The proposed transaction would also result in the cancellation of around 17 per cent of UMG’s outstanding shares, while maintaining its investment-grade balance sheet. Pershing Square has said it will fully backstop the equity financing, with debt commitments secured at signing. The deal is targeted for completion by the end of the year.
UMG, however, has struck a measured tone. The company confirmed that its board has received the non-binding proposal and will review it with advisers. It reiterated confidence in its current strategy and leadership under Lucian Grainge, signalling no immediate shift in stance.
The proposal comes at a time when global music companies are navigating evolving investor expectations, streaming economics and capital allocation pressures. For Pershing Square, the bet is clear: sharpen the financial story, relist in the US, and let the music play louder in the markets.
Whether UMG’s board is ready to change the tune remains to be seen, but the spotlight on its valuation just got a lot brighter.
