Indiantelevision.com: Chennai-based GV Films Ltd will soon offer web streaming of 6000 movies, aimed at overseas markets. The company has signed an MoU with I-Net Singapore, a leading infocomm technology solutions provider, for this purpose. I-Net Singapore will provide the backend mechanism and act as a hub for GV Films to stream movie content from its portals.
“We plan to go commercial within two months. We have a revenue share arrangement with I-Net Singapore,” says a source in the company. GV Films has acquired Internet rights to 6000 movies for Rs 900 million, the source adds. These include around 4000 Hindi films and 2000 movies in Telugu, Tamil, Malayalam and Kannada languages, a deal it had struck four years back.
GV Films has two Portals – gvtamilfilms.com and telugupictures.com – which will be hosted by 1-Net Singapore.
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