NEW DELHI: Making a focused move on broadband content, UTV has launched a
separate company UTVi with a fresh round of funding from Indus Venture Fund
(IVF). UTVi has been valued at $25 million, of which IVF has contributed $2
million to hold an eight per cent stake. The company will focus on providing
broadband content for its portal, sharkstream.com, as well as launching a number
of portals in Indian languages. According to UTV CEO Biren Ghose, presently 60
per cent of Internet interaction takes place in English and less than one per
cent in Indian languages. UTV aims to bridge this gap on the Internet. To
achieve this, the company plans to launch a slew of portals in Indian languages.
It has launched tamizha-tamizha.com in Tamil and khemcho.com in Gujarati. It had
also launched sharkstream.com in Singapore in collaboration with the government
of Singapore, providing content to viewers in Malaysia, Singapore, Hong Kong,
Korea, China and Taiwan. Sharkstream.com was re-launched in India recently with
an impressive array of tie-ups with Star TV, Channel V, Hallmark, SingTel Magix
and Vijay TV.
The major reason behind the re-launch in India is to gain more mind share.
With the Internet coming of age in India and with broadband access poised for a
take off, UTV is hoping to gain visibility and attract more tie-ups from content
providers.
Pentamedia, another recent entrant into this segment, has launched its
entertainment portal, numtv.com, which will provide access to 10 TV channels on
the Net. Since the Indian infrastructure cannot support such access, the portal
is currently targeted at the NRI audience. Numtv is fast lapping up tie-ups with
as many TV channels as possible so that it will have a huge appeal. It is also
important to build up the brand image so that when the pipes in India are ready
to deliver multimedia applications, these players would have already won the
race for mind share.
UTV has another interesting initiative with US-based Homeland Networks
through which two portals, radioofindia.com and tvofindia.com will be made
available. Homelands will provide access to 10 radio channels which will all be
accessible to those logging into radioofindia.com. These radio channels will be
interactive and also provide music on request.
Ghosh says, "We are aiming to become No.1 in the digital contents race.
We have more than 5,000 hours of proprietary entertainment software, out of
which a few hundred hours are already digitized. Tell me one company which has
such a huge backup of software?" Ghosh says that his company is open to the
idea of selling its digital entertainment software and shall even undertake
specific orders. Although he is optimistic about the broadband scene in India,
he believes it will take time to pick up, especially the pay channels, which
call for high quality delivery. As for now, sharkstream can be accessed in some
parts of Mumbai. Sharkstream with very jerky movements, that is. That's the
scenario in India as of now.
There is no doubt that companies like UTV and Pentamedia are gearing up for
the big times in broadband. But it is really dependent on the availability of
bandwidth. Till now, we have only heard of players like SpectraNet in Delhi,
BSES, the Rahejas and the Hindujas in Mumbai wiring up the states. Yet, none of
the ventures are operational yet. SpectraNet did announce amidst much fanfair
that it would be operational by April but the project has been delayed due to
some "unavoidable circumstances", according to sources.
Broadband as a phenomenon, when it happens will bring about mind-boggling
changes in lifestyles. And with the utility companies in India joining in the
telecom bandwagon, the change is inevitable. The question now is, how soon? Till
then, broadband content providers can utilize their precious time to build on
their content and work on creating mind share in the Indian and foreign markets.