UTV World Movies Collection to be Available on DVDs
Spanish Master Carlos Saura’s musical Fados to be available on DVD soon
After launching first world cinema television channel in India, UTV is now coming up with a home video label. Set for a launch in May 2008 UTV World Movies will release their world cinema collection on DVDs.UTV Motion Pictures has a wide and varied catalogue of titles. The company boasts of a strong home distribution network in the metros, mini metros and class 1towns in India, reaching close to 10 lakh towns across the country. The UTV Home Video division distributes their own movies – big Bollywood blockbusters, as well as Hollywood content.
Speaking on the concept of home video in India and availability of World Movies on home video, Mr. Shantonu Aditya, CEO, UTV Entertainment Television Ltd, said “As a strong company philosophy, we have always believed in retaining our intellectual property rights as this makes us valued content custodians. We are very positive on the tremendous scope and growth prospects of this business and we know that this business model would drive our revenues significantly. We are going to provide value for money to Indian viewers as they get to see original versions of some of the most entertaining and recent box office hits from around the world.”
World Movies has a library of over 500 titles including blockbuster hits and award winners including the Oscars. Almost 50% of these titles are available on DVD. Some of these titles are - the Spanish film Buenos Aires 1977 that was nominated for the Golden Palm at Cannes in 2006, the new Carlos Saura musical Fados, La Zona – award winner at the Toronto International Film Festival and the Venice Film Festival and Pierre Salvadori’s comedy Priceless, a movie that ably demonstrates that if money can’t buy love, it sure can purchase lots of obsequious service from four-star hotel staffers and costly goodies from laughably pricey boutiques!
With several players in the markets fighting for larger mind share of audiences, Home Video is at a very significant stage in India with immense scope of penetration. Products are being offered at much lower costs to beat competition and exploitation is rampant after each theatrical release. The hardware costs of the DVDs is also getting lower thereby making it a very exciting time for UTV’s World Movies to make an appearance on Home Video.
World Cinema DVD space has only one player in India so far. Mumbai based Palador Pictures have released about 30 titles so far.
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