Technology

Sony Pictures inks a VOD licensing deal with Hanaro Telecom

MUMBAI:Sony Pictures Television International (SPTI) has signed video-on-demand licensing deal with Hanaro Telecom, a broadband provider in South Korea.













Under the agreement, SPTI‘s upcoming theatrical features will be made available to Hana TV subscribers on the same day the movie is released locally on home video and DVD.


This is the first time the day-and-date VOD model has been introduced in South Korea, a major television market. It is also the second such deal in the world, following SPTI‘s announced agreement with SingTel‘s for their mioTV service in Singapore this past August, stated an official statement.


"We are extremely pleased to partner with Hanaro Telecom to bring ‘day and date‘ VOD and EST services to South Korean consumers. SPTI continues to initiate new business models in order to create more value for our partners while giving consumers more choices in terms of accessing content when they want and how they want it," said SPTI SVP distribution Asia Ross Pollack.


The first on-demand title being released simultaneously on home video/DVD and HanaTV is Spider-Man 3. Upcoming movies include the CGI animation movie Surf‘s Up and the Bruce Willis and Halle Berry thriller Perfect Stranger.


In addition to the day-and-date on demand deal, SPTI has also licensed electronic sell-through (EST) rights for current and library features to Hanaro Telecom allowing HanaTV subscribers to download movies to own onto their set top boxes, PCs and various plug and play devices.


"The high broadband penetration and widespread practice of digital downloading in South Korea makes it an ideal market to roll out an electronic sell-through service for our movies and we are very optimistic about the growth of the EST business there," said SPTI executive director Soojin Chung.


"Our ‘day and date‘ VOD and EST deal involving blockbuster titles from a premier Hollywood studio such as Sony Pictures Television International are landmark deals for us and for the entire content industry here. Our partnership with SPTI is a testament to the success of our business model and our technological strength. We see this as the beginning of more groundbreaking deals with content providers from around the world," said Hanaromedia head of content division Stephen Kim.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/28/App-Annie.jpg?itok=hCYCsP8J
India tops in avg app downloads per month

NEW DELHI: A new study shows that Indians led in the number of apps downloaded per month in the first quarter of 201

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/27/VOD.jpg?itok=_oQQtakd
VoD software market may expand to $ 7.5 bn by '22, A-Pac leads

MUMBAI: The global video streaming (VoD) software market size is expected to grow from USD 3.25 billion in 2017 to USD 7.50 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 18.2%. The major factors driving the video streaming software market are increasing traction of VaaS in enterprises...

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/23/Bruce%20Chatterley_1.jpg?itok=cyBeUOOm
Senet-SenRa tieup to help CSPs & MSOs for India IoT opportunities

MUMBAI: Senet, the first and fastest growing provider of secure, public, low-power wide-area networks (LPWANs) and Managed Network Services for Internet of Things (IoT) applications supporting the LoRaWAN™ protocol, has announced that it has partnered with SenRa Tech Pvt. Ltd., a Low-Power Wide-...

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/22/Virtual%20Reality.jpg?itok=0WLy4HcD
Virtual screens to start replacing TVs & theaters in a year, consumers expect: Ericsson

MUMBAI: Ericsson ConsumerLab has reported that seven out of 10 consumers believe that virtual reality (VR) and augmented reality (AR) will become mainstream in media, education, work, social interaction, tourism and retail. Consumers expect virtual screens to start replacing televisions and...

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/16/Untitled-1.jpg?itok=jLZTMoKT
TV & mobile electronics: Domestic prod leaves $ 300bn gap for import

NEW DELHI: The demand of electronic products in India is expected to expand at a compound annual growth rate (CAGR) of 41 per cent during 2017-2020 to reach $ 400 billion by 2020, but the government has to help domestic production.

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/15/Anurag%20Dixit.jpg?itok=nEZIRFpy
Principals discuss 'emotional wellbeing' through Teno App

MUMBAI: Teno App, India’s leading free-to-use mobile app for schools, is organizing a panel discussion where reputed educationists will deliberate on the role of educators in promoting emotional wellbeing amongst school students. This panel discussion will also be the first initiative as part of...

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/13/Suneet%20Singh%20Tuli-800x800.jpg?itok=AzASKx-S
India uses low-cost Net-enabled devices, Datawind leads: CMR

NEW DELHI: Low rate providers of Internet and tablets DataWind Inc. has claimed the top slot with 34.2 per cent market share in 1Q’ CY 2017, followed by IBall and Samsung at 16.3 per cent and 14.7 per cent, respectively.

Technology Hardware Components
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/12/stb.jpg?itok=iK2P5qOy
GST on set-top boxes & optic fibre down to 18%

The Goods and Services Tax (GST) for set top boxes has been reduced to 18% from the previously announced 28%.

Technology Hardware Set-top Boxes
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/12/Esri%20India.jpg?itok=80wUDzHT
Yoga-Day App by Esri India

MUMBAI: Ahead of the International Yoga Day, Esri India, country's leading Geographic Information System (GIS) Software & Solutions provider, has announced the availability of an app to help yoga enthusiasts locate a Yoga Centre and join the International Yoga Day celebrations on 21 June. This...

Technology Software Applications

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories