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Tag: licensing deal

  • ShareChat, Moj sign multi-year music licensing deal with T-Series

    ShareChat, Moj sign multi-year music licensing deal with T-Series

    Mumbai: Mohalla Tech-backed short video app Moj and social media platform ShareChat on Wednesday announced an exclusive multi-year agreement with T-Series. The partnership allows ShareChat and Moj to access an extensive catalogue of the music label’s Indian music library.

    ShareChat and Moj were also the first in the Indian social media and short video landscape to strike a licensing agreement with T-Series last year. Moj and ShareChat COO & co-founder Farid Ahsan said “the partnership drives more value to the industry, supports more artists, and delivers an incredible creative experience to the users across India.”
    “ShareChat and Moj have been a wonderful partner and they are a true long-term partner for us in the Indian short video space,” T-Series, managing director, Bhushan Kumar said. “This long-term license reciprocates both of our intent to support the creator economy and build a robust foundation for the creator-led content ecosystem in the country.”
    Moj and ShareChat together, with a 340 million-strong monthly active user community and over 82 million creator community, represent a significant share of the internet population in India, a statement said.

    “This is an important step forward and sets the standard in the Indian social media and short video space that acknowledges and respects the music industry.” T-Series, president, Neeraj Kalyan said. “With this continued commitment, ShareChat and Moj will bring more innovation and creativity for the Indian short video space an objective we share mutually. We are hopeful this would drive deeper engagements on the platforms and create a mutually benefitting partnership for years to come.”

  • Universal Music Group inks licensing deal with Lomotif

    Universal Music Group inks licensing deal with Lomotif

    Mumbai: Singapore-based short video app Lomotif and Universal Music Group (UMG), on Monday announced a global agreement that allows Lomotif’s users to creatively tap into UMG’s vast catalogue of music for their videos.

    Lomotif has seen more than 225 million installations of the app globally, and its users are watching more than 300 million videos a month in over 200 countries, the platform said in a statement. With the new agreement, UMG becomes the first major music company to globally license Lotomif, empowering the company’s community of users to create clips using songs from UMG’s music library, it added.

    “Our deal with Universal Music Group will continue to grow users and increase engagement within our platform, a destination for emerging artists, and will significantly expand the types of music our community can utilise, collaborate with, and share,” said Lomotif’s CEO and founder Paul Yang. “With nearly 800 million videos created to date, we are heading in a great direction as a platform, and making high-value content, functionality, and features available to our community will only help us grow exponentially.”

    “We are very pleased that Lomotif’s fast-growing community of users around the world will be able to take inspiration from the artists and music they love, all while ensuring UMG’s artists are fairly compensated for the value music generates on Lomotif’s platform,” said UMG’s executive vice president of digital strategy Michael Nash. “UMG continues to broaden the creative and commercial opportunities for our artists by licensing an ever-expanding array of new digital platforms and supporting early-stage entrepreneurs. We look forward to working with Lomotif to help unlock even more innovative music-based features for their community.”

  • Warner Bros & ProSiebenSat.1 extend licensing deal

    Warner Bros & ProSiebenSat.1 extend licensing deal

    MUMBAI: In a major licensing deal, Warner Bros. International Television Distribution and ProSiebenSat.1 have extended their existing licensing deal.

     

    Thus ProSiebenSat.1 will continue to hold the exclusive free TV rights to Hollywood blockbusters and successful television series produced by the US studio for years to come. Movies such as Batman vs. Superman, Tarzan and King Arthur are among the highlights of the deal that have already been announced.

     

    Furthermore, the trilogy Fantastic Beasts and Where to Find Them, which is based on the novel of the same name by J. K. Rowling, will be aired by the broadcasting group. German movie productions like Der geilste Tag with Matthias Schweighofer and Florian David Fitz are also part of the deal.

     

    The agreement will also enable ProSiebenSat.1 to significantly enhance its range of TV series: The latest Warner Bros. productions are among the highest-rated series aired on ProSiebenSat.1 stations. The Big Bang Theory and Two and a Half Men regularly obtain above-average market shares.

     

    The extension of the agreement also gives ProSiebenSat.1 continued access to the extensive Warner library including the fantasy trilogy The Lord of the Rings, the Harry Potter movies, the cult movie The Hangover and the superhero movies Batman Begins and The Dark Knight.

     

    ProSiebenSat.1 Media AG executive vice president, group programming acquisitions Rüdiger Böss said, “Movies and series from Warner Bros. are among the best of our industry. We have been collaborating for many years and Warner productions are regularly rated highly by our viewers. I am therefore delighted that we have managed to continue this extraordinary partnership and thus to secure many attractive film and series productions for the coming years.”

     

    Jeffrey Schlesinger, President, Warner Bros. Worldwide Television Distribution: “We have long enjoyed a mutually-beneficial relationship with ProSiebenSat.1, which provides a terrific platform for our series and films. This latest agreement between our companies speaks for the quality of our films and television series as well as for the healthy appetite of German TV viewers for good programming.”

     

    Licensing acquisitions across all platforms from free TV to video-on-demand and mobile is getting strategically more and more important for ProSiebenSat.1. Therefore, the division Content Acquisitions has been part of the executive department of Conrad Albert since 1 January, 2015. Conrad Albert continues also to be responsible for the areas Legal, Distribution and Regulatory Affairs.

  • Prime Focus inks technology licensing deal with Gener8

    Prime Focus inks technology licensing deal with Gener8

    MUMBAI: Prime Focus Group has entered into a licensing and 3D conversion partnership with Gener8 Media Corp.

     

    As per the terms of the definitive agreement, Prime Focus will enter into an exclusive worldwide license to use the company’s proprietary 3D conversion technology throughout the entertainment industry.

    The Gener8 brand and team, which has become synonymous with top-quality 3D conversion in Hollywood, will continue to provide even more capacity for the 3D conversion business with help from the Prime Focus worldwide workforce. This will give Hollywood more confidence in Gener8’s ability to perform 3D conversion on a larger volume of movies. Further, by licensing the company’s technology, Prime Focus will push the quality and technical standards of the 3D even higher.

    “We could not hope for a better partner in this transaction, and we strongly believe the partnership will be good for Hollywood and the 3D conversion industry. This is the absolute perfect agreement for both parties–it facilitates the spread of technology to help improve the quality for all in the industry, while also allowing Gener8 to prove it can handle greater volume, which has been what has held back Gener8’s ability to grow. It is exciting to tap into Prime Focus’s production systems, experience and workforce,” said Gener8 CEO Rory Armes.

    “We are focused on building a comprehensive creative services business, with an emphasis on visual effects and 3D conversion services. Our strength to date has been our significant offshore capabilities, which have now been enhanced by our technology partnership with Gener8. As well, with our recent merger with Reliance MediaWorks, we can leverage the Reliance infrastructure as a back end to help Gener8 increase capacity. This partnership will harness the strengths of both companies to create the best options for Hollywood in terms of 3D conversion and visual effects and leverage the existing workforce and scale of Prime Focus’s production capacity in India,” added Prime Focus CEO Namit Malhotra.

    Upon transaction closing, Prime Focus will enter into a five-year worldwide exclusive license agreement to use its 3D technology. Total consideration payable by Prime Focus to Gener8 over the five-year period will range between $11.5 million to $16.5 million. The two companies will also enter into a Technology Services Agreement, where Gener8 will provide technical service and support on a cost recovery basis. Proceeds from the transaction will be used to grow Gener8’s 3D technology as well as its other new and disruptive technologies, Cumul8 and Reelhouse.