When an
OTT provider meets one of the finest capital investors, the outcome
is just phenomenal. It is our privilege to announce that KKR-backed
Emerald Media invests US $50mn in YuppTV. The investment gives Emerald a
significant minority stake in YuppTV, which claims a global user base of 400
million.
YuppTV provides
over the top content to its users in India and abroad. Live TV, catch up
feature, news clips and off beat videos from various networks are a huge hit
among our users. We bring you the on-demand movie streaming platform to watch
the best Indian movies. With over 2000 movies, 15000 hours of content, 13
languages, 7 Genres, it stands as a biggest catalogue in the industry.
YuppTV's
key focus is in the US, UK, Middle East, Canada, Singapore, Malaysia,
Australia, New Zealand and the Caribbean markets. We plan to expand our
services in India at a rapid pace now.
Uday Reddy, CEO
of YuppTV, said, “We couldn’t ask for a stronger partner than Emerald Media.
YuppTV is a content distribution platform with a strong consumer connection,
and Emerald Media has global media relationships. We hope to leverage their
relationships and existing assets Endemol, OML, Fluence and Graphic India to
create original programming and make this platform a next generation
distribution and content powerhouse.”
Rajesh Kamat, Managing
Director of Emerald Media, said, “Emerald Media believes in driving change and
value-creation by providing a distinctive combination of capital, domain
knowledge and management bandwidth. The world is moving from traditional
consumption to multi-screen delivery mediums. YuppTV provides a unique
combination of technology, strong content relationships and revenues of scale
and will be an anchor to our vision of building a new age media company.”
Emerald media is
a platform that primarily focuses on providing growth capital to media,
entertainment and digital media companies. It has fueled massive booms in such
companies during the recent past.
About YuppTV
Turning
ideas into reality is not everyone's cup of tea. Expats were missing out on
their favorite entertainment programs and movies. An intellectual came up with
the idea of providing over the top solutions to their problems. And that's how
YuppTV happened. People who work at YuppTV to provide users with entertainment
and news, are always brimming with energy and are absolute media addicts
themselves.
Why watch YuppTV:
1.
Staying updated with the latest entertainment and news programs is possible
anywhere and anytime.
2. Even
though are users away from their homeland, it gives them a cultural
connection.
3.
Since YuppTV keeps its users in the know, there is a benefit of being able to
talk to anyone about anything.
On that
note, here's hoping that this collaboration brings in some original content to
be viewed by the users.
INVESTORS FROM EMERALD MEDIA HIT THE ROAD
Reviewed by Free Live Sports
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12:07 AM
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