Category: iWorld

  • Reliance Jio capex at Rs 18k cr in Q1-18, Retail’s solid performance in FY-17

    BENGALURU: The Mukesh Dhirubhai Ambani headed Reliance Industries Limited (RIL) reported its financial performance for the quarter / year ended 31 March 2017 (Q4-17/FY-17, current quarter/current year). RIL’s digital venture Reliance Jio Infocomm Limited (Jio) has been touted as the largest startup in the world with investments announced to the tune of Rs 1,50,000 crore. The company plans capex at Rs 18,000 crore for Q1-18. The company says that capex investments will drop sharply from Q2-18 onward. This is indeed a huge sum, when one considers the fact that its nearest peer and the largest telecom operator in terms of subscriber base until Jio overtook it, Bharti Airtel Limited (Airtel), had capex of Rs 20,591.9 crore during the entire financial year 2016. It may be noted that Airtel has operations in other geographies besides India, and the capex number mentioned above includes those countries also. RIL claims that Jio contributes to more than 80 percent of data consumption in India.

    Further, RIL plans capex of Rs 2,500 crore for fiscal 2018 for its organized retail segment – Reliance Retail Limited (Retail segment) that had a phenomenal performance during FY-17. Reliance Retail reported revenue of Rs 33,765 crore for fiscal 2017, 60.2 percent more than the Rs 21,075 crore reported in the previous year. Quarter-on-quarter (q-o-q), the segment’s revenue in Q4-17 at Rs 10,332 crore was 18.9 percent more than the Rs 8,688 crore in Q3-17 and year-on-year (y-o-y) it was 83 percent more than the Rs 5,646 crore in Q4-16.

    The Retail segment’s EBIT in FY-17 at Rs 784 crore (2.3 percent EBIT margin) was 55.6 percent more than the Rs 504 crore (2.4 percent EBIT margin) in the previous year. Q4-17 EBIT at Rs 243 crore (2.4 percent EBIT margin) was 5.2 percent more that Rs 231 crore (2.7 percent EBIT margin) and 89.8 percent more y-o-y than Rs 128 crore (2.3 percent EBIT margin).

    The Retail segment’s Business PBIT in FY-17 at Rs 1,203 crore was 40.4 percent more than the Rs 857 crore in FY-16. Business PBIT in Q4-17 at Rs 366 crore was 9.9 percent more q-o-q than Rs 333 crore and 65.6 percent more y-o-y than Rs 221 crore.

    RIL’s Revenue (turnover) increased by 12.3 percent in FY-17 to Rs 3,30,180 crore from Rs 2,93,298 crore in FY-16. The company’s revenue increased 10.3 percent q-o-q to Rs 92,889 crore in Q4-17 as compared to Rs 84,189 crore and increased 45.2 percent y-o-y from Rs 63,954 crore.

    Overall RIL reported record annual consolidated net profit of Rs 29,901 crore in FY-17, up 18.8 percent as compared to the Rs 25,171 crore in FY-16. Consolidated net profit for Q4-17 at Rs 8,046 crore was 6.8 percent higher q-o-q as compared to Rs 7,533 crore and was 12.3 percent higher y-o-y than the Rs 7,167 crore.

    Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
    (a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
    (b) 10,000 lakh = 100 crore = 1 arab = 1 billion.

  • YuppTV makes live streaming easy with Freedocast

    MUMBAI: YuppTV has announced the launch of Freedocast Pro Device and Freedocast Live Streaming Platform. Providing end-to-end solutions for users to go live instantly, anywhere anytime, the pro device and live-streaming platform also enables users to broadcast live videos on multiple platforms such as, Facebook and YouTube Live, Twitter/Periscope and others.

    The latest offering, Freedocast Pro Device broadcasts live videos in HD Quality. The Device can be connected to any video source including camera and switcher to go live and can be easily controlled via Android/iOS App. The App can be used to preview, control & monitor live broadcasts. The Device also has a rechargeable battery supporting over 2 hours of continuous live streaming and offers HDMI IN/OUT & MIC-in for AV source connectivity.

    To best suit the needs of broadcasters, Freedocast Live Streaming Platform is designed as a one-stop-solution providing cloud transcoding & Adaptive Bitrate streaming for best viewing experience in low bandwidths, real-time analytics, viewer interactivity with chat moderation, Ad-integration, pay -per-view, geo-blocking & password protection for control of events. Any external encoder can be used to go live through Freedocast Platform and simultaneously stream to multiple platforms

    Commenting on the launch, YuppTV founder and CEO Uday Reddy said, “The rapid growth of Live broadcasting could change the way users consume content. In this age of information overload, people expect to see events unfold in real-time. Globally renowned for our technical superiority in the field of internet TV and OTT, we at YuppTV are now extending the same expertise in live-streaming. With the launch of Freedocast Pro Device & Freedocast Live Streaming Platform, we further intent to deliver cost-effective, scalable, and robust LIVE broadcasting solutions. We shall continue to innovate and provide the best services to constantly address the needs of our users.”

    Freedocast offers tailor-made solutions for broadcasters to aggregate, edit and broadcast events in-real time to their studios and multiple platforms. This solution is aimed to improve Broadcasters efficiency and productivity to stay ahead of competition. Celebrities and influencers can maximize the value of their social media programs by hosting special interactive sessions through Freedocast. Broadcasting sporting events, webinars, etc can be streamed to multiple platforms to increase the audience size and bring in new revenue streams for the broadcasters.

    YuppTV will demonstrate its new offering Freedocast Pro and Freedocast Platform at NAB show 2017 at YuppTV booth SU11402CM, Las Vegas Convention Centre.

  • ALTBalaji rolls out its windows universal app for XBox & Surface Hub etc

    MUMBAI: Balaji Telefilms’s OTT platform ALTBalaji has announced the roll out of its Windows 10 universal application. The app is available in the Windows 10 app store and works seamlessly across PCs, Laptops, Smart Phones, and Surface Tablets running Windows10 OS.

    The app will soon be rolled out on other popular Microsoft devices and platforms like XBox, Surface Hub, and other devices through the Universal Windows Platform (UWP). Windows 10 has 400 million monthly active users globally who can now enjoy ALTBalaji’s original, exclusive and tailor-made shows on a variety of Windows devices.

    Speaking on the announcement, ALT Digital Media Entertainment COO Sunil Nair said, “By rolling out the Windows10 app, we have shown our commitment to our audience by making it easy for them to experience ALTBalaji on laptops as well as their regular smart phones. Features like multi­ device continuous play will make it easy for users to watch our shows on their mobile phone while on the move, and switch to their Windows 10 laptop or PC to continue enjoying the show seamlessly.”

    “We believe that with the ALTBalaji Windows 10 Universal App we have created a truly personalized platform which will benefit our digital consumers. All over the world people are more engaged when they consume content on larger screens with an immersive video and audio experience. Microsoft is committed to providing our users with a great viewing platform, and our collaboration with ALTBalaji will ensure that they get seamless access to content anywhere, at any time,” said Microsoft India windows and surface business director Vineet Durani.

    The video platform supports Microsoft Smooth Streaming and has Playready for Digital Rights Management (DRM). Using UWP allows multiple device specifications through a single app and makes it easy to upgrade seamlessly. Customers can use upto five devices simultaneously with one subscription, which makes it convenient for family viewing.

  • Viacom International buys majority stake in Youtube LATAM content producer

    MUMBAI: Viacom International Media Networks (VIMN) has announced a definitive agreement for the acquisition of a majority interest in Porta dos Fundos. The acquisition will add one of Brazil’s leading short-form comedy content producers and the most influential global YouTube channel, according to the Zefr ranking*, to the Viacom portfolio, expanding the company’s scale in Latin America and further extending its content creation pipeline.

    Under the terms of the transaction, VIMN has an option to further increase its ownership position in Porta dos Fundos in the future.

    Porta dos Fundos, founded by Fabio Porchat, Antonio Tabet, João Vicente de Castro, Ian SBF and Gregorio Duvivier in 2012, is a leading video production company in Brazil known for creating short-form comedy sketches and television programming. Owned and operated by the company, the Porta dos Fundos YouTube channel is also a top 10 global Most Subscribed Entertainment channel** and currently has over 13 million subscribers. The channel recently surpassed three billion video views, making it the fifth most viewed Brazilian video producer on YouTube**. The combination of Porta dos Fundos with VIMN’s popular pay TV networks, which include Comedy Central, MTV, Nickelodeon and Paramount Channel, further strengthens VIMN’s position in Brazil.

    VIMN Americas president Pierluigi Gazzolo, who will oversee the business, commented: “As we continue to build scale in the Latin American region, our investment in Porta dos Fundos furthers our commitment to the Brazilian market and increases our ability to create innovative content, often native to digital platforms, which will complement our existing Viacom brands and capabilities. The talent and creativity showcased by the founding members of Porta dos Fundos in building this brand is impressive, and we are excited to join forces to expand its presence outside of Brazil via our highly successful network of brands around the world. We firmly believe that content ownership is a key driver of success and are happy to add this new dimension to our portfolio.”

    Porta dos Fundos CEO Tereza Gonzalez says: “The partnership with VIMN couldn’t make us happier. The venture is a big step for the group towards expanding into the international market, with new global opportunities for our portfolio both on and offline. Additionally, the deal provides exceptional distribution channels for our content.”

    The Porta dos Fundos founding team has built a powerhouse in the Brazilian comedy genre with innovative content and a tremendous creative vision that will continue to drive the company’s growth and further advance the partnership. Through this venture, VIMN and Porta dos Fundos will collaborate on various new productions in an effort to further strengthen the creative pipeline of original content for the brands’ linear and non-linear platforms. Given VIMN’s strong history in the comedy genre with Comedy Central, one of the company’s flagship brands, this pairing is a great complement and will provide countless opportunities in this area. Previously, the companies worked together on the coproduction of Portatil, a five part series that showcased Porta dos Fundos’ theater show and aired on Comedy Central Brazil in 2016.

    This acquisition will build on Viacom’s long and successful track record of investment in Brazil, which began with the launch of MTV in 1990. Viacom’s portfolio in the market now includes seven branded pay TV networks, including Comedy Central, Paramount Channel, VH1, Nickelodeon and Nick Jr., among others; a suite of authenticated TV Everywhere mobile applications; multiple on-the-ground events and experiences; and an extensive consumer products catalogue. VIMN has maintained a local office in São Paulo since 1998. Given VIMN’s recent acquisition of the number one free to air channel in Argentina, Telefe, and its robust portfolio of pay TV networks, Porta dos Fundos further expands the company’s presence on all media distribution and content creation platforms.

    Porta dos Fundos’ assets also include other YouTube channels, the portadosfundos.com.br website, an extensive library of short-form clips, several television series, multiple mobile applications and games, as well as a line of consumer products.

  • OpenSignal too finds Airtel better than Jio in 4G speed, latter tops in reach

    MUMBAI: Bharti Airtel is the top performer among the mobile service providers in India in terms of 4G data speed, concluded a report by OpenSignal, a provider of insights into coverage and performance of mobile operators worldwide.

    OpenSignal said its survey was based on 1.3 billion measurements from 93,464 customers on the major wireless networks between December 2016 and February 2017. It stated that Airtel’s average 4G speeds came in at 11.5 Mbps. In second slot was Vodafone at 8.59 Mbps and Idea was the next with speeds of 8.34 Mbps. Jio was fourth, with speeds down to 3.92 Mbps. This clearly showed that Airtel still continues to be the best network of India.

    All the carriers were found to be below the current 17.4 Mbps global average for 4G download speeds.

    However, Jio customers were able to get an 4G signal from its network 91.6 per cent of the time. Idea came in second place at 59.45 per cent, Vodafone was third at 59.05 per cent, and Airtel came in fourth in this category with 54.72 per cent.

    Global internet speed test platform Ookla, based on web and app platforms, had recently shown Airtel as the top 4G high-speed internet provider in India. But, the report was questioned by Jio. Earlier this week, TRAI released a report suggesting Jio was the fastest 4G high-speed internet provider, while Airtel was the third-fastest.

    Also Read: Airtel does not agree with ASCI’s ‘conclusion’ on misleading ad

    Jio freebies: TDSAT puts off Airtel-Idea hearing to May

    Jio says Ookla has admitted to flaws in speed measurement system

  • B’band deployment & investment barriers: FCC to develop state and civic govt codes

    MUMBAI:  United States Federal Communications Commission (FCC) chairman Ajit Varadaraj Pai has delivered his ideas at the first meeting of the commission’s broadband deployment advisory committee.

    “Last September, at a startup accelerator in Cincinnati, I outlined my Digital Empowerment Agenda, a non-partisan blueprint for communications policy.  At the core of this agenda was my conviction that every American who wants high-speed Internet access should be able to get it.  I suggested several concrete proposals for achieving that goal—for promoting broadband deployment across the country and closing the digital divide.  One proposal was for the FCC to create a Broadband Deployment Advisory Committee — a panel of experts that could advise us on these issues.  How marvelous it is to see this idea put into practice starting this morning!  And it is quite fitting that this first meeting is taking place during Infrastructure Month here at the Commission.”

    “Deploying broadband is hard, expensive, and time-consuming work, whether you’re trenching fiber, attaching equipment to poles, or setting up a gateway earth station.  Red tape shouldn’t make those tasks even harder.  To me, it’s pretty simple: With rules that make it easier to deploy broadband, we will see more broadband deployed.  And in turn, we can empower millions of Americans with digital opportunity,” Pai said.

    “Now, when we issued a call for nominations to serve on the BDAC back in January, I was expecting a few dozen applications.  I couldn’t be more thrilled at how wrong my prediction was. Over 380 individuals applied.  There were nominees from organisations large and small, representing industry, government, and consumer and community organizations.  From this diverse and highly impressive pool of applicants we invited 29 to serve on this new committee.”

    “You are innovators and leaders in the effort to bring broadband and next-generation networks to all parts of our nation.  Your work connects rural and urban areas alike, links people across land, air, and sea, and turns today’s dreams into tomorrow’s realities.”

    “As members of the BDAC, your mission is to give the FCC recommendations on ways to spur broadband deployment and reduce barriers to investment.  One important part of this work, which I previewed last fall, is to develop model codes for state and municipal governments that want to encourage deployment and competitive entry in their jurisdictions.”

    “In fact, the BDAC is being asked to develop two model codes — one for municipalities and another for states.  In developing each, the goal should be guidelines that are forward-looking and fair, and that balance legitimate interests of state and local governments with the ever-growing demands of the American public for better, faster, and cheaper broadband.  I look forward to seeing how you approach this challenge.”

    “The BDAC will also be asked to make recommendations on how to promote competitive access to broadband infrastructure, including utility poles.  New concepts, such as “one-touch make-ready” and “right-touch make-ready,” have great potential to streamline the pole attachment process. The BDAC could help identify solutions for easing access that preserve public safety and advance the interests of pole owners and (would-be) users.”

    “Another key issue is speeding up broadband deployment on Federal lands.  Right now, it takes about twice as long to site infrastructure on Federal lands as it does on privately held land.  Shortening that timeline could help prove the business case for deployment in areas where it might not otherwise exist.  Here, BDAC recommendations could have a major impact on closing the digital divide, especially for rural and Tribal residents who live on or near Federal lands.”

    “The thicket of issues I’ve identified makes one thing clear: the BDAC has a lot of work ahead of it.  But I’m certain that this distinguished group is more than up to the task.  And in the coming weeks, I expect to appoint more qualified nominees to round out the working groups, lending further support to the cause.”

    Also Read: TRAI & FCC sign LoI on accelerating broadband deployment & aligning spectrum policy

  • Age-appropriate ‘safe’ content is taken from Nat Geo Kids, Sony & Amar Chitra: Shirsa

    MUMBAI: Shirsa, a company specialising in enabling content publishers to engage-new age kids online and offline, has taken care of parental concerns on content and safety over internet and time spent on digital devices. The contents are age-appropriate and are based on user behaviour from renowned content partners such as National Geographic Kids, British Council, Amar Chitra Katha, Sony Music India, TED Ed and more,” said Shirsa co-founder and CEO Sukhada Tendulkar.

    As the kids’ television time is shifting to internet based devices, the time spent by them on the online devices is continuously on the rise. At the same time parents want their kids to learn from every interaction on the internet. This encouraged Tendulkar and Mandar Desai to start Shirsa as a ‘Kids Engagement Company’ which is primed to encourage children to be curious and have fun.The opportunity Shirsa sees is engaging kids globally, through interactive edutainment which includes entertaining content with educational value, gamification, interactive features offered through multiple platforms.

    While it all starts with the brain, Shirsa has consciously correlated itself to being curious and as we know – Curious is fun. There is no better way to get kids involved in learning than getting them curious. Curiosity is nothing but an appetite for knowledge. It is the spark behind ideas, ideas that ignite reasoning and great learning. Today’s children or the ‘digital natives’ (children of digital era, always surrounded by technology) have access to technology at their fingertips. Digital music, video players, mobile phones, video games and the like have changed the way we receive and process information! Fundamentally, they ‘think’ differently than the previous generations. And that’s a greatest challenge as well as a boon when it comes to building educational tools for kids. Challenge – because the content has to compete with the round-the-clock ‘edutainment’ kids live with and be exciting and engaging enough to grasp the attention of the kids. And a boon – because kids love anything digital and anything that come through a laptop, a tablet or a phone, they are happy to experiment with.

    Shirsa is currently engaging children aged 6 to 15 years through innovative plus safe digital products and services in collaboration with parents, educationists and partners. Each online platform is created basis a deep understanding of the transforming nature of knowledge consumption in order to gratify the ever-changing needs of hungry young minds.

    PlanetOfGui.com is a social platform that inspires kids aged 6 to 15 years to be curious learners while having fun with engaging content. While Newspik.in is a digital newspaper sharing bite-sized news, city events and non-fictional articles for children. The news topics range from nature to science and technology, from entertainment to sports stories from across the world.

    Both the platforms are gamified wherein every activity of the child is rewarded with Geekos, our virtual currency. These Geekos can then be redeemed against buying real products, unlocking social features, customizing avatar, and getting freebies at your doorstep.

    Shirsa Enhance is the co-scholastic solutions vertical of Shirsa Labs that specializes in developing products that are child friendly, real-world relevant and easy to implement in schools. Our life skills product will make the child ready for the future along with preparing him or her to tackle any challenges in their life.

    Shirsa Engage is the events vertical of Shirsa Labs, specializes in conceptualizing and organizing large-impact kids events & school contact programs for brands. It creates engaging experiences for students, parents and educators through the help of brands. Shirsa Connect is the digital vertical of Shirsa Labs, specializes in enabling content publishers to engage digitally with kids aged 6-15 years through its multiple products. As Children’s preferences are evolving, it wants to cover the relevant Digital & Tangible touchpoints of a kid’s life through branded content engagement.

    Tendulkar said, “The Shirsa Parent App allows to set-up time duration for the child to be online. They can also monitor their growth, inclination and learning style through the App.”

    It’s the time when digital revolution is entering every aspect of life. It’s only prudent to let our children explore and experience the full learning potential of digital medium, within a safe and protected environment. With educational platforms like PlanetofGui and Newspik; children, parents, teachers and brands are to benefit equally from the innumerable fun ways to engage and enlighten the young minds.

  • Eros Now available with free Amazon Fire TV subs

    MUMBAI: Eros Now, one of the fastest growing over-the-top (OTT) Indian entertainment platforms, owned by Eros International Plc has announced a strategic partnership with Amazon in India and their recently launched internet streaming device, Fire TV stick.

    Users can enjoy Eros Now’s uninterrupted entertainment services as the app is now pre-installed on Fire TV sticks purchased in India. In addition, Fire TV customers will also receive a three-month free premium subscription to Eros Now, currently priced at Rs 99/month. Following the free trial, Eros Now will receive 70% of all revenue generated from Eros Now subscriptions from Amazon Fire TV. Amazon will be co-marketing the Eros Now service and promoting the app across India with Amazon Fire TV.

    The Fire TV stick can be connected into any high-definition television and used to stream video and audio content, apps, games and more on television. Eros Now offers the widest library of films which caters to the different needs and tastes of the consumer, providing an enriching and fulfilling entertainment experience to the viewer.

    Eros Digital CEO Rishika Lulla Singh said, “The partnership is another step towards tapping a larger consumer and subscriber base, fulfilling their ever-changing entertainment needs and providing them with our unique entertainment viewing experience. With our current subscriber base of 2 million through existing partnerships with leading OEMs like Apple TV, Amazon Fire TV, Android TV, Google, Samsung, Lyca TV and all major telcos including Airtel, IDEA, Vodafone, Reliance Jio, our aim is to be platform agnostic, constantly engage with newer customers and achieve greater visibility in the market.”

  • Viacom18, Star India & B4U win case against pirated streaming in US

    MUMBAI: A US court has ordered closure of unauthorised digital streaming and distribution by the providers of the Cres TV and Shava STBs in further success for US pay-TV operator Dish. The US District Court for the Eastern District of Virginia recently awarded more than US$25 million in damages in another blow to peddlers of illegal video piracy services soon after forcing the closure of an illegal IPTV operation.

    The court awarded the huge sum in damages to plaintiffs for unauthorised distribution of copyrighted works. Plaintiffs include Dish Network L.L.C., Al Jazeera Media Network, Asia TV USA Ltd., B4U U.S., Inc., GEO USA LLC, Impress Telefilm, Inc., MBC FZ LLC, MSM Asia Ltd., Soundview Broadcasting LLC, Soundview ATN LLC, Star India Private Ltd. and Viacom18 Media Private Limited.

    Back in India, Viacom18 has secured a John Doe interim order from Madras High Court restricting more than 1250 identified and all other unidentified websites from making the infringing copies of Viacom18’s latest release i.e ‘Force2’ available for public viewing over internet.

    In the said order, the Court has further directed 40 major Internet Service Providers (ISPs) and also other unidentified ISPs to block all such pirate websites which are illegally making the said film available over internet, Advanced Television reported.

    Back in India in Novermber 2016, Viacom18 had blocked Force 2 movie telecast across 1250 websites after getting an interim order from the Madras High Court  Viacom18 secured the John Doe interim order restricting identified and other unidentified websites from making the infringing copies of Viacom18’s release i.e ‘Force2’ available for public viewing over internet.

    In the said order, the Court has further directed 40 major Internet Service Providers (ISPs) and also other unidentified ISPs to block all such pirate websites which are illegally making the said film available over internet.

    Viacom18 group general counsel Sujeet Jain said, “I welcome this order. It is estimated that India loses $2.5 billion to online movie piracy every year. This order is a significant development for the film industry in its fight against online piracy. As immediate next steps, we’ve also launched an investigation into identifying the source of piracy at the threshold level and we will be soon taking strict action on that front.” Viacom18 had earlier successfully secured John Doe orders against infringement of its films Drishyam and ‘Manjhi – The Mountain Man’ as well.

    Also Read :

    Viacom18 blocks Force 2 across 1250 websites; gets interim order from Madras HC

    IPL 2017: The Piracy Conundrum

    FICCI FRAMES: Legitimate screens, stricter laws, best practices for IPR

    ‘Make piracy an economic offence, good cos ‘badvertise’ too’