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| Exchange Disseminated Time | Goldstone Technologies Ltd has announced that the Company is glad to partner with Shemaroo Entertainment and has entered into a five year arrangement with Shemaroo, for sourcing the latter's huge video content library for India and International markets.
Shemaroo Entertainment which brings in four decades of rich industry experience and goodwill will give the Company access to more than 500 Hindi movies, regional movies and hundreds of hours of non movie content. Shemaroo's content archive straddles a variety of genres and appeals to all age groups with its list of blockbusters.
Shemaroo would promote and manage 'On Demand' content on the Company's IPTV platforms across the globe and would also be providing end to end content management for the Company's 'Video on Demand' service. Shemaroo has created a robust mechanism for content identification, acquisition, repurposing, format conversion, packaging, positioning, and also for promoting, marketing and managing the content.
The agreement with Shemaroo will provide the Company access to good quality, versatile and wholesome entertainment for the Non Resident Indian Diaspora who subscribe to the Company's soon to be launched online Movie rental business both internationally and in India.
The content will be available on a patented technology for Triple Play services, which delivers quality video at only bandwidth's of 600 kbps Internet speed. The Company will stream Shemaroo's content along with host of several Live Indian Television channels across International markets and India.
"We believe that the quality and versatility of content is our strength and there is a huge demand for content of this nature, not just in the India subcontinent, but also worldwide. The tie up with Shemaroo will greatly enhance our portfolio of services, such wider variety of on demand Indian content is currently not available on any platform globally," said Mr. Rawal Group CEO, of the Company.
Other than India, the Company is spread across Asia Pacific and Europe, where IPTV is catching up rapidly. According to the key findings of the report by iLocus reveal that the worldwide IPTV subscriber base touched almost 4 million figure as of March 2007. The most successful IPTV operators include PCCW, France Telecom and Free Telecom. According to iLocus publication, PCCW, France Telecom and Free Telecom had IPTV subscriber base of 833K, 768K and 680K respectively as of March 2007.
The Company has already signed up for providing Television channels for its global pay TV service which includes 11 zee channels, India TV, Aastha TV, b4u movies & music and several other south Indian, Lankan and European TV channels. |
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