Announces its foray in the video market
iMusti.com, a premier online music portal for Indian music has signed an agreement with the digital technology leader, Samsung India. Under the agreement, iMusti.com will develop video applications exclusively for Samsung Smart TV consumers. This first of its kind alliance is aimed at offering customers an exceptional audiovisual entertainment experience with content which is of supreme quality.
The applications namely MoD VoD (Movie on Demand/Video on Demand) is a collection of wide entertainment that will be available to the subscribers for streaming. The library will host over 5,000 titles across multiple genres and languages in digital quality. Subscribers can choose from erstwhile movies to the popular contemporary, television shows, regional compilation of songs and movies from Marathi to Bengali, religious discourses, etc. iMusti.com will continue to develop 12 more applications within the next one year.
Commenting on the partnership, Samir D. Khandwala, Founder & CEO iMusti, Inc. said, “iMusti.com has always focused its efforts on offering a wide range of Indian music through new mediums of technology. This partnership enables us to penetrate into the popular video market and we are delighted to commence our applications for the top leading brand Samsung.”
“We aim to develop our video applications and offer engaging options to consumers worldwide and Samsung’s unrivaled scale and remarkable global customer base will help us achieve the same,” added Mr. Khandwala.
Speaking about the tie up, stated Mr. Raj Kumar Rishi, VP-AV Business, Samsung India, “We are very happy to partner with iMusti.com to provide Samsung Smart TV buyers with more entertainment and richer content. Content for Smart TV buyers is increasingly becoming a strong trigger for purchase and our tie up with iMusti.com is fulfilling that customer need.”
The application suite seamlessly integrates the web with the TV experience. To provide high-end quality and fast delivery content, iMusti has partnered with Level 3 as their Content Delivery Partner (CDP). As part of the usage, the subscribers can view a large collection of video titles for a nominal monthly fee and also access several other titles using Pay-Per-View option.
Although the internet video segment is still at a nascent stage in India, it is expected to grow at a rapid pace. According to a forecast by Cisco® Visual Networking Index (VNI), Internet video to TV will be over 16 percent of consumer Internet video traffic by 2015. The forecast also states that the high-definition Video-on-Demand will surpass standard definition by the end of 2011.
iMusti.com offers 24 different genres of Indian music which is licensed and brings complete range of audio and video content on all technology platforms for worldwide customers. Currently it supports all Android and iOS based devices developed by Samsung, Apple, HTC and Motorola.
iMusti.com is a prestigious label that offers digital Indian music worldwide. It brings in a complete range of audio and video content on all technology platforms for consumers. iMusti.com streams and sells only licensed Indian music from various genres including Bollywood, Hindustani classical, regional (e.g. Bengali, Marathi, Punjabi, Gujarati, Tamil, Telugu), Devotional, Yoga & meditation, etc. using various media. It is a premium brand that aspires to build the largest and most comprehensive archive of audiovisual entertainment for Indian music enthusiasts worldwide. One of the key objectives is to identify rare, popular and high-quality content in all genres and make it available to the subscribers.
Founded by President and CEO, S. Khandwala, iMusti Inc. came into existence in 2007 and is based in Silicon Valley with HQ offices in Fremont, Calif., and Madurai, India. Since inception, the company continues to gain momentum, winning accolades from connoisseurs of music around the world. For additional information on how to register, please visit www.imusti.com. To stay current with iMusti developments, follow imusti.com at https://www.facebook.com/pages/iMusti/301827326503157 or http://twitter.com/#!/iMustiTweets
About Samsung Electronics Co., Ltd.:
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2010 consolidated sales of US$135.8 billion. Employing approximately 190,500 people in 206 offices across 68 countries, the company consists of nine independently operated business units: Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, Digital Imaging, Memory, System LSI and LCD. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, semiconductor chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
For further information please contact:
Ruchika Batra /Rebecca Oommen Amit Verma/ Swati Guwalani
Samsung India Text 100 Public Relations
Ph: 0124-4881234 Mob: +91- 98108 96782/ + 91- 9873220117