The Indian diaspora is spread around the world, in pockets often not
quite big enough to justify a theatrical release or shelf space at
local DVD rentailers.
But digital platforms are giving Eros Entertainment new ways to reach a bigger chunk of its potential aud.
In
the past year, company has started a video download service on its own
Web site, erosentertainment.com, and significantly expanded its mobile
and digital cable video-on-demand operations.
Eros' digital
ambitions first took center stage at the 2006 Consumer Electronics
Show, where it announced it would be working with Intel and its Viiv
digital content platform to start putting its movies online.
"We
are vertically integrated and own all the digital rights for our
films," CEO Kishore Lulla says. "For the blockbuster movies, there's a
window before we put them online. Smaller films go day-and-date with a
theatrical release or DVD."
Users can rent or download movies to
own, with different pricing models and windows in different markets.
Right now they're only available on Eros' own Web site and through
Movielink, but Lulla says the company hopes to soon let any potential
partner sell Eros movies on that vendor's own site.
Besides new
films, Eros is about halfway through the process of digitizing its
library, allowing it to monetize its significant catalog of Bollywood
pics.
That's helpful online and on cable, where the proliferation
of digital channels is opening opportunities for what is, in countries
like the U.S., niche content.
Eros has launched subscription
video-on-demand channels with Comcast and Rogers Cable in the U.S. and
is in talks with several other big cable operators. It's pursuing the
same strategy in the U.K., Singapore and Dubai.
Company also has
a substantial library of music produced for its movies, which it sells
through online stores like iTunes and Rhapsody.
In addition, it's
jumping headlong into a market that, while not suitable for movies,
allows it to market movies and develop new types of content. Eros has a
mobile deal with India Mauj in its home country and is working with
various operators around the world providing short codes, video clips
and other content for cell phones.
But Eros is planning to move
beyond clips and promotional material to produce original content made
for cell phones as well as the Net. Its production division is working
on short-form content that users can watch for free with ads, instead
of the current model of pay-per-view and subscriptions.
Digital
content will be a key part of its presence at Cannes, where the company
will announce a variety of new media initiatives on its own and with
big-name partners.
"We will have new programming and mobile
products at Cannes," previews Lulla, "and we are working with Google on
some strategy we will be announcing there."
© Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
There is a problem with the comment system, or you do not have javascript enabled.
|