A presentation on U T V s international foray A leading integrated media and entertainment company
From the basics…. <ul><li>Incorporated in 1990 as United Software Communications Pvt. Ltd. The promoter Rohinton S. Screwvala is popularly known as Ronnie Screwvala </li></ul><ul><li>Listed on the Indian Stock Exchange as UTV Software Communications Ltd. In March 1998 </li></ul><ul><li>Focus areas of business - Television content production, Motion pictures and Broadcasting. </li></ul>
The journey that was…. <ul><li>Started as content producers for Doordarshan. Start of satellite TV in 1992 was a booster </li></ul><ul><li>Produced shows like India’s first game show – Saamp Seedi , India’s first daily afternoon soap – Shanti , a chat show – Chakravyuha , etc. </li></ul>
<ul><li>The dubbing division which was estd. in 1992 adds localized voice in various Asian languages. Clients serviced include Twentieth Century Fox, Discovery Channel. Cartoon Network, Walt Disney, Warner Bros. etc </li></ul><ul><li>In 1994 they expanded their activities to sell advertising commercial time, it started off with Metro Dhamaka followed by Shanti </li></ul>
<ul><li>In 1995 they forayed into post production </li></ul><ul><li>In 1995-96, ventured into movie production and distribution. The idea was to develop into an integrated entertainment company, with a focus on content creation. Since then have produced movies like LOC , Lakshya , Lagaan , Bluffmaster , Swades , etc. </li></ul>
<ul><li>Entered the animation arena in 1998 –UTV Toons </li></ul><ul><li>Their advertising films division is in the business of producing films and audio-visuals for agencies and direct clients. Clients serviced include HLL, Procter&Gamble, Maruti Udyog, United Breweries, etc. </li></ul>
<ul><li>Television Content Production </li></ul><ul><li>Produce multiple genre and multi lingual content catering to all kinds of viewers. </li></ul><ul><li>Focus on top-end broadcasters like STAR, Sony, Zee, etc. </li></ul><ul><li>Maximize revenues through airtime marketing. </li></ul>UTV’s Strategy
<ul><li>Movie Production and Distribution </li></ul><ul><li>Ventured by way of co-production and distribution alliances. </li></ul><ul><li>Co-produce and produce movies with a strong story line, backed by a good star cast and director. </li></ul><ul><li>To complete the movies in time and in-cost, they sign firm contractual agreements with directors and actors/actresses. </li></ul><ul><li>Focus on large and medium budget films </li></ul><ul><li>Develop a movie distribution network at national and international levels. </li></ul>
<ul><li>UTV Subsidiaries </li></ul><ul><li>United Entertainment Solutions Ltd. Incorporated in 1997, the main business of the company is post-production and SFX. </li></ul><ul><li>UTV Communications (USA) LLC Set up in 2004, UTV Communications (USA) LLC spearheads growth in the US market in motion picture distribution, international co-productions as well as syndication of library and joint ventures in animation. </li></ul><ul><li>UTV Communications (UK) Ltd. Set up in 2004, UTV Communications (UK) Ltd.’s primary activity is the film distribution business in the UK. </li></ul><ul><li>UTV Communication (Mauritius) Ltd. Set up in 2004, UTV Communications (Mauritius) Ltd.’s core business is film distribution in all parts of the world barring the US and UK. </li></ul>
<ul><li>FILM PRODUCTION & DISTRIBUTION </li></ul><ul><li>Under the banner of UTV Motion Pictures </li></ul><ul><li>Distribution of Indian films in the international market. Reiterated UTV's position in defining New Age Hindi cinema – Lagaan / Rang De Basanti . </li></ul><ul><li>UTV and Adlabs opted to co-produce movies along with major studios from Hollywood. Adlabs inked a five-year deal with LA-based Hyde Park Entertainment for its foray into Hollywood. </li></ul><ul><li>Agreement with Will Smith’s Overbrook Entertainment Inc to produce two full length feature films. Sony will distribute them worldwide. </li></ul><ul><li>Australia-based Macquarie Bank has acquired about 6.6% </li></ul>Going international ….
<ul><li>Co-produced Such a Long Journey, an Indo-Canadian venture, which won three awards at the Academy of Canadian Cinema and Television. </li></ul><ul><li>UTV Communications has also entered into an agreement with Fox Searchlight Pictures for the distribution and exploitation in respect of a film - “I Think I Love My Wife”. </li></ul><ul><li>Mira Nair-directed The Namesake, a three-member venture with Fox Searchlight Pictures, Japan based Entertainment Farm and UTV contributing equally. </li></ul><ul><li>UTV Software Communications has signed a deal with Miramax International Film Corporation to distribute 130 titles for a period of ten years. UTV has been given the rights for theatrical, television and home video rights, restricted to the Indian continent </li></ul>
The model is very clear. To get 35 per cent of business from international revenues. Their understanding of the international market would help in the process of building relationships with production companies who can market their films better there. The international companies in turn will make use of UTV's best production and technological skills that obviously have much lower costs.
<ul><li>ANIMATION </li></ul><ul><li>UTV Toons is the largest animation company in India </li></ul><ul><li>Nandini Vaidyanathan joined UTV Toons as COO in December 2000 to facilitate the growth of the company's 2D business in the world market. </li></ul><ul><li>Advantage India – cost effective, largest English speaking population and importantly quality as opposed to Korea, Taiwan and Phillipines. </li></ul><ul><li>Repertoire of clients from Europe, North America and Asia. </li></ul>
<ul><li>Signed up for a $68-million series with Funbag, Canada to produce three series – For Better or For Worse, Toad Patrol, King for Decode. </li></ul><ul><li>Produce an animated special for Street Kids International, one of the leading international NGOs. </li></ul><ul><li>Jo flash - an adventure series of a 10-year-old boy produced for TV12 Singapore. </li></ul><ul><li>Unicef - Meena and Sara series. </li></ul><ul><li>Walt Disney buys out 100% United Home Entertainment - Hungama TV, acquires 15% stake in UTV </li></ul>
<ul><li>Bagged 3 projects from South Africa (Magic Cellar), Canada ( Honk Toot and Swoosh ), the US (Lost in Paris) and Holland. </li></ul><ul><li>UTV also struck co-production deals with Sony Pictures Entertainment and Fox Searchlight Pictures. In addition, the company has co-production and animation outsourcing deals with Porchlight Entertainment and Mike Young Prods. </li></ul><ul><li>UTV is developing five animation movies ready for release in 2010. The company would be investing Rs 135 crore in co-production and distribution of these movies. </li></ul>
<ul><li>Don’t write off Ronnie Screwvala from animation business yet. </li></ul><ul><li>The company has major plans in animation. A Rs 24 crore investment in a 25,000 square feet animation facility has widened the path to becoming a leader in the animation space. </li></ul><ul><li>Screwvalla will have all three models - outsourcing, co production and producing original content. </li></ul>
<ul><li>UTV has announced its foray into gaming through proposed acquisitions of the controlling stake in Ignition Entertainment Ltd. [Ignition], a console gaming company based in U.K. and Indiagames Ltd. [IG], a mobile and broadband gaming company in India. </li></ul><ul><li>This makes UTV the largest Gaming and Animation entity in India. UTV now has competencies in Game development, publishing and distribution across mobile, online and console platforms worldwide and the capability to create IP's in all forms of content, including Live Action and Animation. </li></ul><ul><li>The outlay for investment towards Animation properties and gaming acquisitions will be around Rs. 260 crores. </li></ul>UTV enters gaming arena
<ul><li>On Screwvala's expansion plate is not just movies and animation but also new media content including gaming. The fun, as he says, is playing in a bigger field. </li></ul><ul><li>UTV will have a presence across the value chain - they can co-produce a movie, provide its animation, distribute it, and create the promos and the games. Keep an eye on this content powerhouse. </li></ul>In conclusion….
Thank You Presented by: Sri. Vaishnavi J. Shetty