GV FILMS LTD. - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - GV Films Invests INR 50 Crores To Digitally Revamp 5,710 Films For OTT/IPTV Release
31 Jul 2024
We are delighted to announce that G.V. Films Limited has entered into a MOU with Omkar Films and Raj Television. This collaboration aims to source, restore, and compile a significant library of 5,710 feature films in Tamil, Hindi and Telugu languages, for which G.V. Films holds exclusive digital rights. with an investment exceeding INR 50 crores, we aim to upgrade these digital rights to contemporary OTT Standards and once completed, our digital library will be available for GV''s own End-to-End OTT/IPTV platform release or outsourcing / licensing to established OTT platforms in India and Worldwide.
Source:
BSE India