Reliance plans to launch online ad exchange - Kyphy.com
Reliance BIG Entertainment is planning to launch an advertising marketplace called “Kyphy”. Kyphy will “create an automated advertising exchange to enhance the efficiency of both buying and selling inventory.”
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BIGFlix.com ties with BookMyShow.com to offer free trail on movie rentals
BIGFlix.com, a part of Reliance BIG Entertainment Ltd, Anil Dhirubhai Ambani Group company, and India’s largest online and offline movie rental service joins hands with BookMyShow.com, India’s premier Entertainment ticketing website, to offer movie rental services at your doorstep. The alliance will offer all bookmyshow.com users a free BIGFlix.com membership. The membership will be for a period 14 days, and will be able to rent and watch unlimited movies of his choice delivered/picked-up free at his home.
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Reliance ties up with Puja films to co-produce five movies
BIG Pictures, a division of Reliance Entertainment, and Vashu Bhagnani owned Puja films have inked a deal to co-produce five Hindi feature films over the next 24 months.
As per the agreement, the principal photography on two projects, ‘Do Knot Disturb’ and ‘Kal Kissney Dekha’, aimed for release during the first half of 2009, has already commenced. Read more
Bachchan family in mega deal with Reliance Big Entertainment
The Bachchan family has joined forces with the fast-growing entertainment arm of the conglomerate Reliance to produce movies, television shows and concerts.
Reliance Big Entertainment will provide between Rs 1000 crore to Rs 1500 crore to fund new ventures of the Bachchan family, which includes three of Bollywood’s biggest stars: Amitabh Bachchan, who in his 60s continues to be one of the country’s top box-office draws; his actor son, Abhishek; and Abhishek’s wife, Aishwarya Rai, one of India’s best-known female stars. Jaya Bhaduri, the matriarch of the family, is also a seasoned actress, who has appeared in several films in recent years.
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Now, Reliance forays into Kannada film industry
Anil Ambani’s Reliance Entertainment is all set to penetrate the southern film market in a big way. It has already announced two projects that will go on floors in August.
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India’s Reliance talking with DreamWorks
India’s Reliance Entertainment and other investors are in talks with Hollywood’s DreamWorks SKG to raise up to $2 billion to create a movie venture, two people familiar with negotiations said Tuesday.
Reliance deal moves ahead
Rajesh Sawhney, president of Reliance Entertainment, says the Indian conglom has no illusions about the challenges ahead as it completes its plan to make a $500 million investment in DreamWorks.
“Scale is the second word in our corporate philosophy. The first one is ambition,” Sawhney told Daily Variety.
Reliance may launch Big TV this month
With the direct-to home race hotting up, Anil Ambani’s Big TV has decided to launch in haste. The company is planning a June 24 launch, said industry sources, with teaser campaigns hitting televisions four days before the launch. Abhisekh Bachchan may be used as a brand ambassador sources added.
Big TV’s entry, this month may intensify the action in the DTH space that is seeing a fierce price-war. Big TV already serves 50,000 customers who are part of its pilot launch and are its employees and customers of associate companies. According to the 2008 Ficci-PwC report on Indian entertainment and media industry, DTH households are expected to grow from 4 million in 2007 to 25 million by 2012.
When contacted, a Big TV spokesperson said, “Reliance Communications is in advanced stages of launching Big TV DTH services. Big TV DTH service aims to be the most preferred option for home entertainment solutions across customer segments. Like in case of all offerings from Reliance ADA Group, customers using Big TV DTH services would be able to avail of better service quality, enhanced features and wider offerings at prevailing price points”.
The company may launch its services across 6000 towns this month itself. Actor Abhishek Bachchan will be the brand ambassador for Big TV, sources said. Tie-ups with television companies to make LCD television sets available with a Big TV connection at subsidised costs are in final stages. The pricing details are not known. The annual packages offered to employees came at a monthly subscription fee of Rs 325 with Rs 100 worth of pay per view content free. The installation charges were Rs 1000.
Existing DTH services providers such as Tata Sky and Dish TV, which share about 5 million subscribers between themselves have of late, been busy wooing consumers with offers at reduced prices and attractive packages.
Industry sources point out that both of them are bleeding with losses of over Rs 1000 crore but experts feel that the market has a great potential and that initially there is a subscriber acquisition cost, that has to be incurred.
Source: hindustantimes.com
Reliance open to Gulf partnerships
Dubai: Indian conglomerate Reliance headed by Anil Ambani, the world’s sixth-richest man on the Forbes magazine list, is looking to create a presence in the Gulf and is open to partnerships with regional players, a senior official said.
The group will mainly look for opportunities in sectors such as telecommunications, power, film entertainment and financial services, group managing director Gautam Doshi told Gulf News in an interview.
“We are looking for opportunities. A general interest is there in the Gulf area,” he said.
Reliance Capital, the group’s financial services company, has applied for a licence to operate from the Dubai International Finance Centre. DIFC officials are looking into the nature of Reliance Capital’s business before deciding on the application.
Indian client base
The company hopes to tap the large Indian client base in the UAE for selling products like mutual funds and insurance policies.
Doshi said Reliance is also keen to develop power projects in the region. He said the group is willing to join hands with Arab investors and use Gulf money in its overseas acquisitions.
“We can look at Gulf money whether it is equity, debt or a combination of both, or some other form in which we do a partnership. We would be open to any good idea. By and large, we have so far funded our acquisitions from within the group,” Doshi said.
Reliance Communications is in exclusive talks with South African telecom giant MTN for a takeover deal.
Read more: http://www.gulfnews.com/business/Commerce/10217629.html
Rajesh Sawhney, President, Reliance Entertainment
Rajesh Sawhney, President, Reliance Entertainment at NDTV Convergence held the first edition of its New Media Congress in the Capital on May 8, 2008. Besides bringing together some of the best minds in the Internet and mobile domain under one roof, the Summit also highlighted the opportunities, challenges and the road ahead for India in the digital world. exchange4media.com and Livemint.com
are the media partners for the Summit. The summit panel comprised of eminent personalities like Mr Azhar Rafee, EVP, Reuters Asia; Mr Kim Reid, CEO-Mobile, MIH Nasper; Martha Béjar, Corporate Vice President, Communications Sector-Microsoft Corp; Mr Ajit Balakrishnan, Chairman, Rediff; Mr Rajesh Sawhney, President, Reliance Entertainment; Mr Jai Menon, Group CIO, Bharti Airtel; Mr Lloyd Mathias Marketing Director, India & South West Asia, Motorola; Mr Kevin Obi, Sr Vice President, Digital Assets, NBC Universal International; Mr Pankaj Sethi President, VAS & Enterprise Market Planning, Tata Teleservices Ltd; Mr Rohit Sharma, Chief Operating Officer, Zapak Digital Entertainment. The sessions were chaired by Mr Vir Sanghvi, Advisory Editorial Director, HT media Ltd, Mr Vikram Chandra, CEO, NDTV Networks; Mr Sanjay Trehan, CEO, NDTV Convergence and Mr Anurag Batra, Managing Director, Exchange4media.




