UFO Moviez
 |
|
| public | |
| Industry | Technology Service, ITeS |
| Founded | 2004 |
| Founder | Mr. Sanjay Shankar Gaikwad (Managing Director (Executive Non-Independent Director)) Mr. Narendra Hete |
| Headquarters | Mumbai, Maharshtra |
|
Area served
|
Worldwide |
|
Key people
|
Mr. Kapil Kumar Agarwal (Joint Managing Director (Executive Non-Independent Director)) |
UFO Moviez India Limited is India’s largest digital cinema distribution network and in-cinema advertising platform (in terms of numbers of screens). UFO operates India’s largest satellite-based, digital cinema distribution network using its UFO-M4 platform, as well as India’s largest D-Cinema network. UFO Moviez is a pioneer in the electronic delivery of digitized full length feature films and content in theatres via satellite and has transformed the way content is distributed and exhibited across geographies. UFO has also contributed to the revival of single screen cinemas in India and its secure technology has substantially reduced Piracy. Most importantly, UFO has ensured that audiences have ‘day of release’ access to films everywhere. UFO Moviez has so far released more than 11000 films in 22 languages, on its UFO M4-Platform & DCI Network and has conducted over 21 million shows. As on March 31, 2017, UFO Moviez' global network, along with its subsidiaries and associates, spans 6,579 screens worldwide, including 5,105 screens across India & Nepal and 1,474 screens across the Middle East (UAE, Bahrain, Qatar, Oman, Kuwait, Lebanon and Jordan), Israel, Mexico and the USA serviced by its subsidiary Scrabble Entertainment Ltd. Scrabble’s international deployment includes UAE, Bahrain, Qatar, Oman, Kuwait, Lebanon, Jordan and Israel. During the fiscal year 2016, UFO digitally delivered 1,738 movies in 25 languages to 5,034 screens with an aggregate seating capacity of approximately 2.15 Mn viewers spread across 30 States and Union territories in India and in Nepal.
In 2004, UFO Moviez was founded by the Valuable Group, with a vision to enable the film industry to realize its true potential by creating a global platform of innovative services. In 2007, 3i Private Equity invested approximately Rs. 100 crore with an aim of funding the Company’s expansion plans. Also in 2011 Providence Equity Partners invested Rs. 260 crore in UFO Moviez. In 2011, UFO made investments in SDS and DCI solution provider Scrabble Entertainment Limited. In 2015, UFO Moviez made a stellar debut on Indian Bourses.
UFO-M4 is UFO's satellite-based, E-Cinema movie delivery platform. UFO-M4 platform provides an end-to-end platform for the satellite delivery of movies (excluding movies from the major Hollywood studios that created the D-Cinema standard format), to exhibitors across India, which then exhibit the movies using UFO's digital cinema equipment.
Under an exclusive arrangement (which was amended on December 18, 2014) with Impact Media Exchange Limited, UFO markets an electronic ticketing platform known as the Integrated Media Pact, or “IMPACT”, to improve transparency, efficiency and accountability in the movie screening industry. The transactions on IMPACT are captured on a real time basis as it is connected via satellite to a centralized Network Operation Centre. IMPACT mediates the transactions between exhibitors on one hand and distributors on the other, ensuring that ticketing transactions and movie screenings are transparent. IMPACT has been designed to ultimately act as a settlement exchange for various stakeholders of the movie screening industry.
...
Wikipedia