Updated below.
Original story:
Hungama Mobile is in talks with global companies to manage their digital entertainment operations in India, reports agencyfaqs! Business Standard. The company will work through a separate unit called Hungama Mobile Enterprise on this project. Hungama Mobile’s Chief Operating Officer Saleem Mobhani said the company will also begin distributing South Asian content later this year in the United States via IPTV.
Update 1 (Nikhil): We just got word from Hungama Mobile COO Saleem Mobhani that the story misquotes him on Hungama taking on Digital Entertainment Ops of a particular company*. Hungama will be sending us a statement on the same later in the day.
Update 2: Mobhani says that he spoke to the reporter about how Hungama Mobile is setting up a digital distribution network for the entertainment business, and is in talks with different companies and not specifically the one* mentioned in the report. He says that the incorrect mention has a direct impact on Hungama’s relationship with the company.
The story also mentions that Hungama will begin distributing South Asian content through IPTV in USA, handling the operations under Hungama Mobile enterprise. Mobhani clarifies that “Around the 3rd quarter Hungama Mobile is setting up its enterprise solutions division which amongst solutions and services is also getting into mobile banking, and are in talks with some of the largest financial services entities to make mobile payment solutions.”
* – On Hungama Mobile’s request, we’ve removed the name of the company in question. The entire report has been pulled off Agencyfaqs, and (we’re told) Business Standard as well, since it had factual errors.
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