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STAR India launches sports site
STAR India has announced the launch of its new website, starsports.com, which provides video streaming as an alternative to TV and only offers cricket. Access to the website is free of cost for the time being, although it intends to begin charging users in a phased manner. At present, espnstar.com offers other information on sports and highlights, but this is expected to be phased out in five to six months.1
Hungama and Gameshastra enter JV to form integrated gaming company
Hungama Digital Media Entertainment and Gameshastra have announced a JV to form an integrated and comprehensive gaming company. The new alliance brings together Hungama’s strengths in digital entertainment, with expertise in the area of mobile and online gaming, and Gameshastra’s proven competence in game development to deliver localized games across various platforms.2
IndiaCast signs digital distribution deals with Ditto TV and DigiVive
IndiaCast is increasing TV18 and Viacom18’s bouquets on digital platforms. After signing a deal with OTT platform Ditto TV and online TV service provider istream.com, the distribution company has signed an agreement with mobile TV platform nexGTv to live stream 20 of its national and regional channels.3
CA Media acquires stake in animation company Graphic India
CA Media, the Asian investment arm of the Chernin Group, has acquired a significant minority stake in Graphic India, a comic book and animation company focused on creating mythological and superhero characters, comics and stories for the Indian youth market. These are published on the mobile and online platforms.4
Times Internet brings Gawker Media to India
Times Internet has entered a strategic partnership with Gawker Media, a US-based online media company. According to the arrangement, Times Internet will manage Gawker Media's technology- focused websites, Gizmodo.com and Lifehacker.com, in India. It will have exclusive rights to the brand as well as to monetization of the content, syndication and sub-licensing of the two sites in the country.5
Ping Digital Broadcast secures angel investment
Ping Digital Broadcast, an online content producer, has procured angle investments from two investors, Ashwin Dhamera, former founder of Travelguru, and Ankur Daga, the CEO of Angara.com, a New York-based e-commerce venture dealing in precious stones. Ping Digital Broadcast operates the internet HD broadcasting networks, the India Food Network and the India Music Network.6
1“STAR India launches sports site,” Business Standard, 3 January 2013, via Factiva.
2“Hungama, Gameshastra form JV for integrated gaming company,” Business Standard, 11 February 2013, via Factiva.
3“DigiVive in deal with IndiaCast to live stream 20 channels,” Indiantelevision, 29 January 2013, via Factiva ; “Ditto TV signs distribution deal with IndiaCast,” Hindu Business Line, 21 January 2013, via Factiva.
4“CA Media acquires stake in animation firm Graphic India,” Indiantelevision, 17 January 2013, via Factiva.
5“Times Internet brings Gawker Media to India,” afaqs!, 9 January 2013, via Factiva.
6“Ping Digital Broadcast Procures Angel Investment from Ashwin Dhamera and Ankur Daga,” SiliconIndia, 7 January 2013, via Factiva.