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RIL May Ink Joint Venture With UTV For Content On 4G: Report

Reliance Industries is planning to sign a joint venture with UTV for content for its 4G services, reports The Financial Times, citing unnamed sources. The deal will cover games, Bollywood content and children's content, a source is quoted as saying. MediaNama is awaiting a response from UTV on this deal. Given that UTV is primarily a movie and broadcast business, it could extend well beyond this mandate. Remember that Jagdish Kumar, previously COO at Star TV for its South India operations had joined Reliance Industries as President (Media & Entertainment). Come to think of it, parts of UTV's business are similar to another media conglomerate owned by the competing Reliance ADA Group - Reliance Entertainment. Both produce films, own gaming and online businesses and have an online presence, though Reliance Entertainment does much more - it owns cinema halls, is on the outdoor advertising and events business, has online properties like BigAdda (e-commerce) and BigFlix (movie streaming), apart from also owning an FM radio station business. UTV has a growing mobile business, and doesn't appear to have much of an online focus. If it does go through, the JV with UTV/Disney would be RIL's second partnership for content and services - the first was a memorandum of understanding signed with Siemens for providing homeland security solutions - networked security services using video and other security applications, and is eyeing an integration with large scale city and highway projects for surveillance and law-enforcement. RIL is the only private entity to have high speed broadband spectrum across India,…

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Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

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