Technology

UTV eyes Rs 4 bn from gaming & new media biz in FY'11

MUMBAI: Ronnie Screwvala-promoted UTV Software Communications has found that the gaming business can be wrought with delay in projects. But the turnaround could come this fiscal as the company prepares to release its products in the year.


UTV is eyeing Rs 500 million and ebitda margins of 10-15 per cent from its mobile games division, carried out through UTV Indiagames.


UTV Indiagames has the exclusive right for the franchise for IPL Mobile games. It also claims to be the only online subscription games platform with games on demand (GoD) and has tie ups for game channels on DTH in India.


The company has set up a cost efficient studio in Vashi, Mumbai, to create games and it believes that it is poised to capture opportunities for 3G and 4G in India.
  
On the online games front, UTV claims to have four games on the floor. UTV expects to post a revenue of Rs 400 million and have operating margins of 15 per cent, the first year of revenue from its online games division.


Online Games has a creative studio in Austin, Texas, and a backend outsourcing in Beijing, China.


The first game to release in July/August will be Mytheon. The MMOG multiplayer platform in the US has been built and is owned by UTV to earn revenues through micro transactions on online games in the US. Furthermore, the company‘s model is to pre-sell/ sell Games to the rest of the world through upfront license fees on minimum guarantees. For Mytheon, the process of presale has already begun.


As far as console games is concerned, UTV expects to get a revenue of Rs 3 billion, largely driven by release of their own developed game El Sheddai. This includes around Rs 1 billion from the existing publishing business.


No pre-sale revenue of the IPs to publishers or others has been considered as of now, UTV said. On this revenue base, the company is envisaging a 20 per cent Ebitda margin.


Next year, the company will have its own IPs ready for release along with the 3 Big IPs - El Shaddai, Reich and War Devil. The company has created these on multi platforms - PS3 and Xbox 360 and later can go on more platforms including PC.


The vertical also has two smaller IPs - Hells Cook and Dragons Crown.
 
UTV said that over the next six months it will be actively negotiating a combination of (a) publishing deals for one or more game in one or more territories globally for a license fee / minimum guarantee (b) co-production deals for pre-release of a game. (c) Investment into one of its three studios based in London/ Florida/ Tokyo along with the IP of that studio.


The Company is also in discussions with Sony (PS3) and Microsoft (XBOX) for publishing and/or distribution rights for its IPs.


UTV said the final dates of release would be locked, based on the final outcome of the publishing/ co production deals. "We envisage at least one of three major IPs releasing in this calendar year - even though we may have pre-sold the others. We predict our publishing business to meet targets based on the titles blocked for release during 2010-11," it said.


From the New Media segment, the company is expecting to generate a revenue of Rs 300 million with marginal profit in FY ‘11. The New Media business of the company includes mobile and web business.


"Overall and on an annualised basis for games content and new media businesses, we see a revenue base of around Rs 4 billion," the company said.


Media analysts are treating UTV‘s guidance with a lot of caution as no pre-sale revenues have been announced yet.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/04/sanjeev.jpg?itok=jSKv0oLN
Pune Times joins hands with the Pune Police to launch the 'City Safe' app, as part of #MakeMyCitySafe initiative

Pune Times, city supplement of leading media house, The Times of India, has joined hands with Pune Police to support an initiative for women’s safety in the city. Pune Times has launched its campaign #MakeMyCitySafe as a big shout out to the youth of Pune to come together to make the city safer...

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/06/Navanit-Samaiyar_0.jpg?itok=fQLjKjss
HAL Robotics ropes in Navanit Samaiyar as board member and advisor

MUMBAI: HAL Robotics has roped in Navanit Samaiyar as its board member and advisor. Samaiyar has a record of setting up, scaling and transforming businesses across a very wide cross section of industries spanning from IT/ ITeS to steel, telecom, engineering goods, earthmoving machinery, logistics...

Technology Hardware Components
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/07/Arnab-Goswami.jpg?itok=VUCIzU8A
Republic TV launches Android app

MUMBAI: Republic TV is on a roll. From rocking the ratings chart in launch week itself to going international, the channel has added one more accomplishment to its kitty. The Republic TV Android app is now live.

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/11/STB.jpg?itok=WsiaUBr8
STB cos in India, China enhancing features, providing customised solutions, Technavio enlists top vendors

MUMBAI: The global STB market is characterised by intense competition as the market is saturated in developed countries. The market share of these players is declining because of the entry of new players. The STB companies are enhancing the features of STBs and providing customised solutions to...

Technology Hardware Set-top Boxes
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/09/PFT.jpg?itok=VJugic3c
India's PFT Clear Media ERP suite to help US' PBS content delivery

MUMBAI: Prime Focus Technologies (PFT), the technology arm of Prime Focus, announced that its CLEAR™ Media ERP Suite has been selected by Public Broadcasting Service (PBS) to enhance their Network Operations Center (NOC) ecosystem efficiencies and sustainability, with the objective of reducing...

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/09/JosephSiino.jpg?itok=doyka7Tg
Broadcasters, OTTs to gain as Via adds xHE-AAC at special rate

MUMBAI: Via Licensing Corporation, a intellectual property solutions provider, has announced the upcoming availability of Extended High Efficiency AAC (xHE-AAC) as part of the Advanced Audio Coding (AAC) patent pool. The expanded patent pool licence will be available at no additional cost to...

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/06/Brian_Morris-Colin_Smith.jpg?itok=xVBB0KbV
Tata Comm to deliver Motorsport videos on global devices

MUMBAI: Tata Communications will now deliver video content for Motorsport.tv viewers' all devices over its global network. The two have partnered to power the growth of the network’s internet television platforms.

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/06/ChyronHego_0.jpg?itok=qWRkJ4jh
How to create live video content sans pros, convert radio broadcast into visual show

MUMBAI: ChyronHego will be showcasing its live production, automation solutions at Broadcast India show in Mumbai in mid-October.

Technology Software Applications
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/10/03/Arvin%20patel%20tivo.jpg?itok=Ieo7eXfw
Sony renews IP licence deal with TiVo

MUMBAI: TiVo Corporation, a leader in entertainment technology and audience insights, has announced that Sony Corporation, a leader in consumer electronics, has renewed its multi-year intellectual property (IP) licence agreement. The license to TiVo’s patent portfolios covers all of Sony’s...

Technology Software Applications

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories