Category: iWorld

  • NBCU’s Fandango to acquire Brazilian online ticketing company

    NBCU’s Fandango to acquire Brazilian online ticketing company

    MUMBAI: NBC Universal’s online and mobile movie tickets company Fandango has signed an agreement with Latin American e-commerce company, B2W Companhia Digital, to purchase its entertainment ticketing subsidiary, Ingresso.com, based in Rio de Janeiro, Brazil.

     

    With more than six million registered customers, Ingresso.com is Brazil’s largest online and mobile movie ticketing service. In addition to movies, the service also sells tickets to concerts, soccer games and cultural events including the world-famous Rock in Rio music festival.

     

    The acquisition, subject to regulatory review and other customary closing conditions, is expected to close in the fourth quarter of this year.

     

    Brazil has a leading moviegoing population, accounting for 40 per cent of Latin American box office dollars in 2014, according to Rentrak. The country has seen nine continuous years of box office growth, representing the largest market in South America and the world’s 11th largest theatrical market, according to the Motion Picture Association of America. The MPAA predicts that Brazil will constitute the world’s fifth largest market by the end of 2020.

     

    “As our ongoing commitment to the domestic business continues to produce record-breaking results, we see this as an opportune moment to expand outside of the United States. We are thrilled to work with the talented Ingresso team and build upon their already successful organization.  Latin America presents the next logical growth area for Fandango, and we look forward to extending our leading online and mobile ticketing capabilities to Brazil’s entertainment fans,” said Fandango president Paul Yanover.

     

    Fandango will bring to Ingresso.com its online and mobile entertainment products, branding and marketing expertise and fast-growing international position on YouTube with Fandango Movieclips content to build an even larger presence for Ingresso.com in Brazil’s entertainment ecosystem.

     

  • Oxigen appoints Sachin Tendulkar as brand ambassador

    Oxigen appoints Sachin Tendulkar as brand ambassador

    MUMBAI: India’s payments solutions provider Oxigen Services has signed cricketer Sachin Tendulkar as its brand ambassador.

     

    The brand zeroed in on Tendulkar as he reflects the core values of the company in his virtues of unshakable commitment and humility.

     

    Oxigen has aligned its vision to aggressively push for Digital India and financial inclusion, a key agenda on the radar of Indian Prime Minister Narendra Modi.

     

    Oxigen Services India founder & CMD Pramod Saxena said, “We are absolutely proud and honoured to be associated with the god of cricket himself, who is renowned not only in India, but across the globe. It is not just his values that inspired us to get him on board, but also his strong commitment towards larger national issues such as education and  upliftment of rural India that resonate with our own programs. Together we are set to take our initiatives towards Financial Inclusion, Digital India and Swachh Bharat Abhiyan to the next level.”

     

    Tendulkar added, “I am excited to be associated with Oxigen Services, which is at the threshold of exponential growth. Oxigen’s effort to align with the needs of the common Indian and focus on offering convenience, flexibility and ease in payment solutions is admirable. With the Oxigen wallet providing so many features, I am sure it will be the preferred mode for payment emphatically replacing the present day need to carry physical forms of cash and plastic money.”

     

    Oxigen recently came on board as the official sponsor of the Proteas – South African T20 Cricket Team, which will be visiting India for The Mahatma Gandhi – Nelson Mandela Series this week.

     

    The company has also launched the #Playthehost campaign for the series.

     

    “The adoration for Tendulkar, as a person, cuts across demographics, states and cultures. He is a much loved and trusted sport personality, with an unblemished track record. We, at Oxigen as well, reach out to a large mass of people across the country, we have something for everyone, A mobile wallet for the youth and money transfer and payments services, through our retail network for all fellow Indians.  The city dwellers and rural Indians alike, see us as a dependable service provider. By associating with Sachin we are sure we reinforce the trust and reliability factor with our customers, taking it to the zenith with his endorsement to the Oxigen Brand,” said Oxigen corporate affairs brand and marketing services president Meher Sarid.

  • Star disrupts programming; moves Plus’ youth show ‘Badtameez Dil’ to hotstar

    Star disrupts programming; moves Plus’ youth show ‘Badtameez Dil’ to hotstar

    MUMBAI: ’Tis the age of disruption and leading from the forefront is Star India. Even as media pundits have been shouting from rooftops about how over-the-top (OTT) platforms are poised to disrupt the Pay TV business, Star Plus has gone ahead and done the unthinkable.

    In a first of sorts, the network is uprooting Star Plus’ youth fiction show Phir Bhi Na Mane Badtameez Dil from the channel and moving it exclusively to its OTT platform – hotstar. 

    The show will be available on hotstar exclusively from Monday, 28 September. New episodes of the show will be released every weekday morning.

    Produced by Tequila Shot Productions’ Saurabh Tewary, Star Plus launched the show on-air on 29 June. It was being aired six days a week from Monday to Saturday in the 8.30 pm slot.

    In an earlier interaction with Indiantelevision.com, Tewary had said that it would be a finite show with 300-350 episodes. “It is impossible to narrate a love story for ages and ages. Love stories are always finite shows and cannot be kept running for a longer period otherwise the show will lose its relevance and visibility,” he had said. 

    While internationally, seasons of shows like House of Cards amongst others have been exclusively released on the online platform Netflix, India is just waking up to the OTT game. A few baby steps have been taken by Indian OTT players like Sony Liv, ErosNow, DittoTV etc to churn out innovative and exclusive original content for the platform. However, this is the first time that a show from a linear channel is being uprooted and put on an OTT platform.

    Phir Bhi Na Maane… Badtameez Dil is a love story between a VJ and a business head. The story revolves around the two, who get separated because of their misunderstandings and the manipulations of others only to meet again after seven years to resolve unsettled issues.

    Star India has taken this step keeping in mind the fan following that Phir Bhi Na Mane Badtameez Dil has attracted on hotstar amongst digital users in the 18-24 age group. 

    The OTT space in India is rapidly picking up pace with companies churning out innovations and exclusive content. With competition heating up amongst players, disruption will be the only way forward to stay ahead in the game.

  • ‘nexGTv aspires to replicate Netflix’s global success in India:’ GD Singh

    ‘nexGTv aspires to replicate Netflix’s global success in India:’ GD Singh

    MUMBAI: Mobiles and smartphones are no longer about calling and messaging, instead they have manifested as personal lifestyle and attitude statements owing to their growing integration in our lives as engagement and entertainment gadgets.

     

    The discerning, internet savvy generation, especially between 15–35 years, is fast embracing multi-platform media consumption, leading to an increasing demand for anytime, anywhere access to content. They are also the ones who are shaping content viewing decisions including growing relevance of HD, as well as access to exclusive yet vast variety of content.

     

    With aspirations of establishing itself as a digital industry pioneer and India’s biggest subscription-driven video entertainment destination, Digivive Services’ nexGTv plans to strategise itself as per the preferences and behaviour of the consumer.

     

    Speaking to Indiantelevision.com, Digivive Services director and CEO GD Singh says, “With over 27 million profiles, we are best placed to understand, analyse, interpret and create really unique content and flavours for the new-age mobile customer that jack up their entertainment quotient. We initiated creating India’s first ‘mobiserial’ – the first of-its-kind, premium celebrity-led original content for mobile in India, which will elevate the level of programming currently seen in this space.”

     

    Speaking on the content strategy Singh asserts, “While we continue strengthening our leadership in the Live TV space, which is something that our consumers identify and know us for, we are also mining our vast library of data to distil trends and gain insights about consumers’ consumption habits and preferences. User generated and specific community oriented content appears to be the next big consumption driver.” 

     

    Digital will be the primary medium through which the venture wants to penetrate itself to the mass. “Like our consumers, our business is primarily digital and so is our marketing. From a customer convenience perspective, we are tightly bundled with all telcos, which saves our consumers needless hassles of re-charging repeatedly,” informs Singh. 

     

    nexGTv is exploring alliances and partnerships actively as it is a great way to win new customers as well as friends. Singh further briefs, “We are also debating the need for a physical touchpoint and if necessary, we shall explore new and captivating ways including retail, to make ourselves present in front of our customer.”

     

    The subscription-driven video entertainment destination, follows a ‘freemium’ model, which combines access to both free and paid content. A significant portion of content on nexGTv is available free for viewers and is tagged appropriately. The rest of it, including premium and exclusive content is available only to subscribers, at extremely affordable price points for daily/weekly/monthly viewing. With the rising smartphone penetration and improving network coverage, the entire proposition of mobile entertainment is available to the customer at Rs 125 per month for the choicest, unlimited content.

     

    Speaking on revenue model, Singh explains, “We offer multiple billing options for subscribers including telco-billing, which accounts for a lion’s share of our subscribers, primarily owing to its convenience. However, there also exist additional payment options via Credit and Debit cards as well as wallet integrations including those with PayTM that have been recently added.”

     

    Irrespective of the fact that India’s digital infrastructure is yet to meet the necessary requirements of the OTT ecosystem, a huge number of players are coming into the fray. Foreign players are also making inroads to explore the lucrative Indian market. The number poses threat of the same content – different channels scenario and staying distinguished and ahead of the others will be the key in long run.

     

    “The trick lies in ensuring that as the leader in our category, we remain constantly on our toes, stay engaged with customers and adapt and reinvent ourselves continuously to stay ahead of the curve. Our strategy is to expand our differentiation by being disruptive and one of the fundamental ways of doing that is by producing our very own content and map customer touch-points,” Singh opines.

     

    Advertisers are yet not certain on the reach and visibility of brands when it comes to the digital players and hence the medium is failing to emerge as the primary medium of marketing. “nexGTv’s appeal lies in the universality of its content driven by a consumer base that primarily ranges from 15-35 years. This base is the hotbed of activity for virtually all marquee brands and hence, nexGTv presents itself as an ideal next-generation app or a new generation entertainment platform that appeals to all brands, which are anchoring for a share of the mind and wallet of this segment,” says Singh.

     

    Singh is of the opinion that nexGTv has enough and more content to appeal to consumers of all age-groups (8 – 80 years of age). Throwing light on the target group (TG), he says, “Our biggest consumers are young men and women from 15-35 years, which incidentally is the same age group that is driving the growth of internet in India. While we have a pan-India consumer presence on the app, a substantial percentage of it comes from the top 10 metros and mini-metros.”

     

    “Given the industry we are in and the speed of its evolution, we can never be certain on what’s around the bend? As a young and ambitious company, we aspire to replicate the global success of Netflix in India and our business focus and priorities are aligned to reinforce that objective. Hence, while on the one hand, we’re engaged in transforming ourselves from content aggregators to creators and publishers of original content, on the other, we’re working hard on our UX/UI to facilitate easy discoverability of content on nexGTv. In other developments, while we further fine-tune our customer analytics on one side, we’re also tightening our focus on our content and marketing strategies. Our attempt is to create the future,” concludes Singh.

  • Sky is UK’s best-performing pay TV provider in Q2 2015: Ofcom

    Sky is UK’s best-performing pay TV provider in Q2 2015: Ofcom

    MUMBAI: Of all the pay TV providers in the UK, Sky is the only company to generate fewer complaints than the industry average (0.01 per 1,000 customers) and was named the best-performing pay TV provider according to independent regulator and competition authority for the UK communications industries – Ofcom.

     

    TalkTalk became the most complained about pay TV provider. Their complaints volume increased to 0.14 per 1,000 customers, compared to 0.12 in Q1 2015. The main reasons for TalkTalk complaints were fault, service and provision issues (36 per cent), billing, pricing and charges (28 per cent) and issues relating to complaints handling (17 per cent).

     

    In Q2 2015, BT saw a reduction in complaint volumes, generating 0.11 complaints per 1,000 customers, compared to 0.15 in Q1 2015. Virgin Media’s complaints volume increased to 0.05 per 1,000 customers, compared to 0.04 in in Q1 2015.

     

    In landline telephone services, EE continued to generate the highest volume of landline complaints as a proportion of its customer base (0.34 per 1,000 customers). Others like Post Office HomePhone, Plusnet and TalkTalk also generated landline complaint volumes above the industry average, whereas BT was broadly in line with the industry average. Sky and Virgin Media were the only providers with complaints volumes below the industry average.

     

    For broadband services too, EE generated the most complaints. BT and Plusnet both saw reductions in their complaint volumes since Q1 2015, Virgin Media complaints were below the industry average, whereas Sky had the lowest complaints volume for broadband.

     

    In mobile pay-monthly services, Vodafone continued to be the most complained about mobile provider in Q2 2015. The main drivers of Vodafone complaints were problems with billing, pricing and charges (34 per cent), complaints handling (27 per cent) and concerns around faults, service and provision (17 per cent).

     

    Ofcom published data on the volume of consumer complaints made against the major providers of telecoms and pay TV services. The latest report covers the three-month period from April to June 2015 (Q2), and includes complaints made about 13 providers of fixed line telephone, fixed line broadband, pay monthly mobile and pay TV services.

     

    The total volume of telecoms and pay TV complaints made to Ofcom continued to decrease in Q2 2015, even as the number of consumers taking up these services increased.

     

    Broadband, mobile pay-as-you-go and mobile pay monthly services saw the most notable reductions in total volume of complaints.

     

    Total complaints volumes for fixed line telephone and pay TV services remained at similar levels to Q1 2015. Broadband services continued to attract the most complaints, albeit at lower levels than previously.

     

    Ofcom Content and Consumer Group director Claudio Pollack said, “Our complaints data allow consumers to make meaningful comparisons that can be useful when looking for a new provider. While it’s encouraging to see a continued decrease in the total number of complaints, there is still room for improvement. We expect providers to make customer service and complaints handling top priorities.”

  • Snapdeal names Harish Sivaramakrishnan as VP – design

    Snapdeal names Harish Sivaramakrishnan as VP – design

    MUMBAI: Snapdeal has appointed Harish Sivaramakrishnan as vice president-design. In his new role, Sivaramakrishnan will spearhead the design teams across the company’s portfolio of products and build a design studio across the Delhi and Bangalore offices.

     

    This is an expansion of his current role at Freecharge, where he is currently heading the UX, Design and the front end engineering teams. Sivaramakrishnan will now play a key role in product design as Snapdeal turns its focus to building a technology platform with intuitive web and mobile interface.

     

    Prior to Snapdeal, Sivaramakrishnan was with FreeCharge where he joined as head of design & UI engineering in 2013. Previously, he has also worked at Myntra as user experience architect. 

     

    Prior to joining Myntra, he spent a decade in Adobe in Bangalore and San Francisco working on a diverse set of products in engineering, product and design capacities.

     

    Sivaramakrishnan said, “Snapdeal’s growth in the technology space has been unprecedented and it gives me great pleasure to be a part of this young and energetic team. Over the years I have been extremely passionate about building great consumer experiences in the Indian e-commerce space. I was fortunate to have gotten the opportunity to bootstrap the FreeCharge Design team and now look forward to building a uniform design sensibility across Snapdeal’s entire digital commerce ecosystem.”

     

    Snapdeal chief product officer Anand Chandrasekaran added, “Great design is as much form as it is function. At Snapdeal, we strive to deliver the best buyer and seller experiences and are thrilled to make design an integral part of our approach to product development. In India design is yet to get its due recognition. We are extremely excited to have Harish onboard and wish him a great journey ahead with the Snapdeal family. Our consumers and sellers will be the beneficiaries of our endless debates as we endeavor to get to pixel perfection.”

  • Raghav Bahl invests $3.25 million in Quintype

    Raghav Bahl invests $3.25 million in Quintype

    MUMBAI: Indian entrepreneur Raghav Bahl is invested $3.25 million in the California based data-driven publishing company Quintype.

     

    The company will use the capital raised to enhance product and business development. Specifically, the funding will be used to grow the product engineering, and sales teams, across locations in the US Bay Area, as well as in Bangalore, India.

     

    Bahl’s Quintillion Media runs a news site in India called The Quint, which was launched earlier this year on the Quintype platform.

     

    Quintype founder Amit Rathore said, “We are excited to have Mr. Bahl support our company as he has, and are looking forward to using the funds to grow the company even more, particularly from a business standpoint. At Quintype, our goal is to make it just as easy to start a non-trivial media operation, as it is to start a blog. So, if you want to start a new online magazine, or a news site or app, or any other high-velocity content property, you’ll be able to do it in minutes.”

     

    The Quintype platform is a seamless, end-to-end SaaS service that brings together all the functionality you need to run a modern media business, including everything needed to create and distribute content, understand and grow your audience, and also monetise that content. Because they’re all seamlessly integrated, these various functions work together extremely well, letting publishers focus on their content business, while the Quintype platform manages all the technology heavy lifting. It includes functionality like cardification, collaboration and team workflow tools, advanced semantic analytics, personalisation and recommendation systems, an advanced monetisation engine, and several other modules.

     

    This SaaS offering lets media organisations reduce technology costs, while at the same time, leveraging big data and predictive analytics to increase revenue and profits. In fact, Quintype’s business model is unique. The entire state-of-the-art platform is available to anyone, free of cost. Quintype partners with publishers by making money through a revenue-share model, effectively aligning their interests with that of the publisher. Quintype only makes money when the publisher does.

     

    Quintype also allows publishers to define more-nuanced audience segments, an attractive proposition for advertisers as well. Quintype takes this first-party data to the next level.

     

    Bahl, who launched his company Quintillion Media, after selling Network18 to Mukesh Ambani’s Reliance Industries, has been investing in multiple ventures. Most recently he invested Rs 4 crore in the media platform Youth Ki Awaaz as well as in the women-oriented job portal Sheroes.

  • IndiaMart targets revenue of Rs 2000 crore by 2020; tots 1 lakh customers

    IndiaMart targets revenue of Rs 2000 crore by 2020; tots 1 lakh customers

    MUMBAI: Online market place IndiaMart has accomplished one lakh premium customers on its online platform and is looking at net revenues of Rs 2000 crore by the year 2020.

     

    IndiaMart director Dinesh Gulati said, “We have recalibrated our strategy to enhance our focus on the big businesses. This will lend a fillip to our vision of IndiaMart 2.0, wherein we are looking at net revenue of Rs 365 crore in 365 days this year and take it to Rs 2000 crore by 2020. With our Big Brands initiative, we are moving from the motto of ‘More buyers, More Sellers and More Business’ to ‘Big Buyers, Big Sellers and Big Business.’ We are now focusing to cater to the procurement needs of bigger businesses and bigger orders.”

     

    IndiaMart’s big brands programme, an integral part of vision 2.0, will be a major growth area for the online marketplace, which initially built the Rs 200 crore businesses by catering to small and medium enterprises. Currently, IndiaMart has about one crore buyers, 15 lakh suppliers, 3.5 crore products listed on its platform.

     

    From April 2006, with about 10,000 premium customers online, the journey to 50,000 till July 2014 was painstaking, what with economic slowdown and inflation dogging businesses. Since April 2014, the paid-customer size saw a steep and steady twin-fold rise. Regular and timely innovative adaptations enabled IndiaMart harness the advantages of rising internet penetration & proliferation of smart devices. The milestone is best described a phenomenon never seen before in the e-commerce ecosystem.

     

    IndiaMart founder and CEO Dinesh Agarwal added, “I am extremely pleased to announce the milestone and I would like to thank everyone associated with us who have helped us reach this important landmark. 100,000 premium customers marks a watershed moment in our journey to become the undisputed e-marketplace leader. We will continue to innovate and grow to serve our customers in newer and better ways.”

     

    IndiaMart has been empowering MSMEs and unrelenting in innovating to add to their customers’ profitability. The brand is recognised for its pioneering role in the Internet business for inclusive growth and has mentored over two million MSMEs across India since its launch in 1996.

  • TO THE NEW Digital ranks in 2015 Red Herring Top 100 Asia

    TO THE NEW Digital ranks in 2015 Red Herring Top 100 Asia

    MUMBAI: Digital services company TO THE NEW Digital has been chosen as a Red Herring Top 100 Asia Winner, a list honoring the year’s most promising private technology ventures from Asia.

     

    Shortlisted from hundreds of innovative companies from across the continent, the selected nominees were judged on both quantitative and qualitative criteria, such as financial performance, technological innovation, management strength, market size and execution index from their respective industries.

     

    “Winning Red Herring Top 100 Asia 2015 Award speaks volumes about TO THE NEW Digital’s long-standing experience, strategic vision and technological capabilities. We are focused on innovation and adapting razor edge technologies for client success. This award will further drive our efforts to consistently stay in digital forefront and to deliver ROI-driven customer experiences,” said TO THE NEW Digital CEO Deepak Mittal.

     

    “Choosing the companies with the strongest potential was by no means a small feat,” said Red Herring publisher and CEO Alex Vieux. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners.”

     

    The Red Herring Top 100 Awards are held every year in Asia, Europe and North America to recognise some of the most exciting technology companies in the world. 

  • Snapdeal appoints Twitter’s Rahul Ganjoo as vice president – technology

    Snapdeal appoints Twitter’s Rahul Ganjoo as vice president – technology

    MUMBAI: Snapdeal has appointed Rahul Ganjoo as vice president in its technology team. In his new role, Ganjoo will augment the company’s efforts to enhance customer experience across various Snapdeal platforms. He will also focus on program management and help build the most innovative tech company in the world.

     

    Prior to his appointment at Snapdeal, Ganjoo has spent more than two years at Twitter where he worked on solving high visibility problems such as large scale spam and targeted abuse. He was working out of the company’s headquarters in San Francisco, USA.

     

    Ganjoo also worked on evangelising agile practices across engineering teams. His previous stints were with companies like Six Apart, Symantec, Thoughtworks and Wipro Technologies, where he built program management teams, led the execution of large scale programs and instituted processes to make engineering organisations more effective.

     

    Snapdeal co-founder Rohit Bansal said, “We are very excited to have Rahul on-board. He comes with 15 years of rich experience across various domains with his last stint being Twitter, a consumer facing high-decibel platform. Snapdeal is a consumer oriented technology company with an exponential daily traffic .Rahul’s expertise in identifying, monitoring, rationalising and controlling the interdependencies between projects will ensure optimal utilisation of resources which will enhance efficiencies of our platform. Snapdeal is growing at lightning speed and it’s important for us to adopt a cohesive approach towards technology enabled processes to offer consumers a seamless experience. I am sure Rahul will play a notable role in bringing synergies within Snapdeal’s internal processes and I wish him luck as he starts his journey with Snapdeal.”

     

    Ganjoo added, “I’m incredibly excited to join the young and energetic Snapdeal family. E-commerce in India is a very interesting space and I am sure that my journey with the company will be a huge learning experience. My focus will be on institutionalising best of breed product development practices to ensure Snapdeal is a world class engineering organisation. I am looking forward to contributing to Snapdeal’s vision of creating the most impactful digital e-commerce system by closing the gap between strategy and execution.”