Applications
Net2TV launches cloud-based TV service
MUMBAI: Net2TV Corporation, headed by industry veterans from MTV/Nickelodeon, Black Arrow, NBC, TiVo and Netflix, has launched its cloud-based television service, Portico.
The company provides advertising-supported, cloud-based television programming services.
Portico, which is Net2TV’s first television service, features free, ad-supported programming from CBS Interactive’s food site CHOW.com, Popular Science and WSJ Live from The Wall Street Journal. The Portico TV service is available now on 2011 and later Philips connected TVs in the US.
Net2TV’s Portico brings to Internet-connected TVs a traditional television viewing experience — free, program-length shows from recognized brands — using advanced cloud technology from ActiveVideo Networks. The programs are grouped by areas of interest such as food, science and technology, and entertainment.
“Good television — the television viewers love — is an art, not an algorithm,” said Net2TV CEO Thomas Morgan. ”We’re building television programming that lets viewers enjoy smart TV just like they do traditional television.”
Net2TV is working with online TV programmers like Discovery’s Revision3, CBS Interactive’s CHOW.com, and traditional print media brands including WSJ Live from The Wall Street Journal and Bonnier’s Popular Science to develop full program-length television shows.
Portico programming is updated daily and new types of entertainment and informational programming will be added in the future.
Net2TV works with television programmers to create packaged, long-form shows running 30 or 60 minutes per episode.
“Watching the living room TV, viewers have different expectations than when using a tablet or laptop. We create an experience for viewers who want to sit back, relax and watch,” said Net2TV co-founder and senior vice president of programming Jim Monroe.
"Our program partners have good-quality, short-form pieces. We work with them to curate these pieces and package them into program-length shows.”
Net2TV’s Portico service will be supported by a television advertising model. Advertising revenue will be split with program partners.
“Viewers appreciate that commercials help keep programming free, but commercial loads must be reasonable,” said Morgan. “A sustainable advertising-based business model comes from balancing the needs of the advertiser with those of the viewer.”
Applications
JioFinance rolls out multi-bank fixed deposit platform
Users can compare, invest and track fixed deposits across issuers in one place
MUMBAI: The JioFinance app has launched a unified platform allowing users to compare, invest in and track fixed deposits offered by multiple banks and non-banking financial companies, sharpening its push to become a one-stop destination for digital financial services.
The new feature aggregates fixed deposits from a range of issuers, including small finance banks and NBFCs, enabling customers to filter options by interest rate and tenure and complete the entire investment journey digitally.
Interest rates on the platform go up to 8.15 per cent per annum, with users able to view tenure, tax treatment, lock-in conditions and premature withdrawal terms before investing. Once booked, deposits can be monitored through a consolidated dashboard that tracks returns, maturity dates and renewal reminders.
Jio Finance Platform and Service Limited chief executive officer Surbhe S Sharma, said the offering addresses a long-standing pain point for savers, who often struggle to compare issuers and manage deposits spread across institutions.
Fixed deposits remain one of India’s most popular savings products, and the company is betting that transparency and ease of use will draw users seeking stable, low-risk returns.
The FD marketplace on the JioFinance app is powered by Blostem Fintech Private Limited, which operates as a business correspondent and technical service provider to partner banks and NBFCs.
