Television

Sony Music to enter home video business with SDHE

MUMBAI: Due to the recession in the industry, music companies are looking at expanding their operations with an eye on garnering more revenues. Sony Music, which claims to be one the largest international companies in the music market, has taken the first step in this direction.

Sony Music has now made a high profile entry into the growing Indian home video business. According to a press release, a full-fledged new division called Sony Digital Home Entertainment (SDHE) will handle the acquisition, marketing and distribution of content in the form of VCDs, DVDs, and other digital formats.

The release says that Sony will capitalise on the opportunities in the Indian home video business. The market, largely controlled by a few family-owned companies, has seen a phenomenal growth in the last few years. Currently estimated at around Rs 1.5 billion ion, the market is expected to explode to nearly Rs 10 billion in the next five years, says the release. 

Sony Music India MD Shridhar Subramaniam was quoted as saying: "The growing home video market is a big component of our business plans in the country. We have allotted $1 million for acquisition of rights for this year alone."

" We intend to redefine the whole home video experience and make it more pleasurable for the entire family with key focus being relevant content and high quality discs. Our strengths in music marketing and distribution as well as our relationships with film producers give us the unique advantage of entering the market on the front foot," Subramaniam added.

The company is in dialogue with leading Indian producers for acquisition of home video rights. It is also talking to Hollywood majors for releasing their films on DVD in India. SDHE has entered into a strategic tie-up with Shemaroo Video for better exploitation of the latter's catalogue. On the anvil are also non-film content like TV serials, sports, cookery shows, yoga, spiritual programmes. etc.

SDHE makes its entry with Karan Johar's mega blockbusters - Kabhi Khushi Kabhie Gham, and Kuch Kuch Hota Hai. It has also acquired the home video rights to the prestigious Cricket World Cup 2003 and will be releasing the classic 'India v/s Pakistan' match as the first title of the series. These will be released along with other music video based and sports titles, including the historic 'India v/s England Natwest Trophy Finals 2002'.

The release adds that Sony Music has always set standards for quality and innovative marketing in the music business. For the first time in history, a movie will be released with as many as six Indian language subtitles! The viewer can enjoy the Karan Johar extravaganza, popularly known as K3G with a choice of English, Tamil, Marathi, Kannada, Gujarati, Malayalam and Bengali subtitles!

Similarly, since Chura Liyaa Hai Tumne was a big hit in the North East, it will also feature 'Assamese' subtitles. The DVDs will be loaded with lots of interactive features. In addition to the standard scene and song sections, there will be picture galleries, profiles of the cast and crew, prominent quotes by leading stars and other recommended Sony titles.

All SDHE titles will be released on DVD9 discs, which is a format that stores almost double the information than the regular DVD5 discs. All titles will carry digitally remastered sound in 5.1 Dolby Digital format. The titles will also be available at extremely competitive prices with Hindi film DVDs at Rs 349 and VCDs at Rs 199.

Industry watchers are eagerly awaiting the developments since Sony Music's entry will add a lot of structure and credibility to an industry that has so far been considered a low-end and unreliable revenue source by most content owners. It will bring in a dramatically improved level of transparency in commercial transactions and royalty payments.

According to the release, Sony Music's entry is also expected to greatly strengthen the anti-piracy measures that are so critical for this business to grow. It remains to be seen if Sony Music will have the same success that it has achieved in the music industry in such short time.

Considering the credentials of the parent company, this could well be a possibility. Sony Music Entertainment Inc. (SMEI), New York, claims to be one of the world's largest record companies with a turnover of over US $ 5 billion. SMEI is a group company of Sony Corporation, whose annual turnover exceeds US $ 60 billion. Sony Music is represented in more than 60 countries worldwide.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/07/22/zeecafe.jpg?itok=S7IlVqLk
It’s time to go ‘Back To The Future’ and meet your favourite Shel-Bot as Zee Café airs The Big Bang Theory Season 11 and Season 12

MUMBAI: A white board filled cryptic algorithms, a couch with a reserved spot and a bunch of math geeks with a gorgeous neighbour next door – The Big Bang Theory is one show that has truly had us hooked for twelve straight seasons! Still coming to terms with the end of an era as the series reached...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/07/22/arun.jpg?itok=y8--4EqL
A+ E Networks | TV18 elevates Arun Thapar to president - content & communication

MUMBAI: A+E Networks | TV18 has promoted Arun Thapar as President - Content & Communication. In his new role, Thapar will additionally manage Brand Marketing, Digital, and Branded Content of A+E Networks | TV18 along with his current portfolio of Content Strategy Management, Creative and...

Television TV Channels People
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/07/22/NEP.jpg?itok=Uraj-KrN
NEP deploys multiple Calrec consoles and routing technology for premium audio at Wimbledon 2019

MUMBAI: Viewers around the world enjoyed premium quality audio while watching Wimbledon 2019 with NEP UK deploying 15 Calrec consoles at the South West London tennis venue, alongside extensive Calrec networking and routing technology and I/O boxes. An additional three Calrec consoles were used in...

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/07/22/epic.jpg?itok=8H-78DJm
EPIC Channel’s ‘Lost Recipes S2’ gets release date

MUMBAI: EPIC Channel – India Ka Apna Infotainment is renowned for creating premium, genre-defining, India-centric content. The channel is all set to air the second season of one such show - ‘Lost Recipes’, hosted by celebrity chef Aditya Bal, that explored India’s diversity through the history and...

Television TV Channels Factual @ Discovery
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/07/20/TV_REMOTE.jpg?itok=jEQBmFHp
SVoD-Pay TV combined households increasing

With the advent of subscription-based video-on-demand services (SVoD), Pay-TV households are declining globally. But numbers of SVoD only households along with SVoD-Pay-TV combined households are increasing, according to a report from Ampere Analysis.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/07/20/Prime_Day.jpg?itok=YYBduO7J
With Prime Day Sale ads, Amazon Prime Video becomes top brand in BARC week 28

The Broadcast Audience Research Council (BARC) India has released its data for top advertisers and brands for the period between 6 July 2019 and 12 July 2019.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/07/19/kabaddi.jpg?itok=rzdA8u0k
#IsseToughKuchNahi say all twelve captains of VIVO PROKABADDI SEASON 7

MUMBAI: VIVO Pro Kabaddi League, one of the most-anticipated sporting events of the calendar is back with Season 7 begins on 20th of July 2019 in Gachibowli, Hyderabad. Unveiling the coveted trophy, the captain of all 12 teams came together to speak about the excitement for the upcoming season.

Television TV Channels Sports
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/07/19/star-movies.jpg?itok=CpNi1tDR
Look Beyond What’s Visible and Travel in Time with Star Movies’ Movie of the Month, A Wrinkle in Time

MUMBAI: Star Movies, one of the leading English Movie Channel, is geared to entertain all ages and make you travel in time and space with its Movie of the Month, A Wrinkle in Time. Based on a 1962 book which has been in and out of controversies ever since, the movie still grossed over $132 Million...

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/07/19/bindass.jpg?itok=NkWHj3ln
Zee Cinema to air blockbuster entertainer Bindass Rani (Kolamaavu Kokila) on Tuesday, 23rd July

MUMBAI: Nelson Dilipkumar’s ‘Bindass Rani’ is a dark comedy crime film revolving around the drugmafia. Starring superstar Nayanthara, as a shy yet street smart girlwho is forced into becoming a drug peddler for the sake of her family. Zee Cinema is set to premiere the riveting tale of Bindass...

Television TV Channels Movie Channels

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories