Thursday, July 19

Goldstone to launch online movie rental service

Goldstone Technologies is soon planning to roll out an online movie rental service both in India and internationally.

The company has inked a five year deal with Shemaroo Entertainment for sourcing the latter's video content library for the Indian and international markets.

The content will be available on a patented technology for Triple Play services, which delivers quality video at only bandwidths of 600 kbps Internet speed. Goldstone will stream Shemaroo's content along with host of several live Indian television channels across international markets and India.

Other than India, the company also has a presence across Asia Pacific and Europe, where IPTV is catching up rapidly. According to the key findings of the report by iLocus reveal that the worldwide IPTV subscriber base touched almost four million as of March 2007.

Source: BusinessOfCinema

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