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    UTV INDIAGAMES

    Serial entrepreneurs a prominent feature of India’s startup boom

    Having built and sold businesses once, entrepreneurs are coming back for second and subsequent helpings, unable to resist the sweet taste of starting up.

    With UTV Software, we are creating India's only truly media company: Andy Bird, Walt Disney

    'We are building a truly integrated media operation and do not see any reason to enter the high-risk GEC route.'

    Samir Bangara invests in creative dream project Qyuki, but can he give it a reality check?

    Sources tell us that their 'creative social expression platform' (yup, we didn't make that up) dubbed Qyuki.com has raised money from Samir Bangara.

    The Walt Disney Company India today said it will restructure its digital assets under 'DisneyUTV Digital' to drive growth in segments like mobile, online and interactive TV.

    Game developers say that a movie usually racks up 7,000 to 10,000 downloads with more popular ones even going up to 25,000.

    The California-based company, which owns 50.44% of UTV Software said it would buy out public shareholders at a price not exceeding 1,000 per share.

    • Big advertisers like Hindustan Unilever and Nokia, which can't ignore the burgeoning traffic in online gaming after the World Cup win, are making sure they are visible in this segment — on both PC and mobile.

      UTV Software Communications is likely to sell its stake in online gaming company Indiagames for around 220-240 crore, a person close to the deal told ET. The deal may close as early as 60-90 days, he said.

      UTV Software Communications is likely to sell its stake in online gaming company Indiagames for around 220-240 crore, a person close to the deal told ET.

      The company's total revenue stood at Rs 255.94 crore in the reported quarter as against Rs 220.72 crore in Q3 FY'10.

      Most mobile game developers in the country including Ibibo, Hungama, Nazara and UTV Indiagames are promoting freemium games or products.

      Leading video game developers such as Hungama, Ibibo.com, Indiagames, Nazara and JumpGames are gearing up to develop next generation of mobile games, which will test your skills against multiple players. And all this would be possible with the advent of 3G.

      Handset maker Sony Ericson launched a new portfolio of high-end mobile phones priced between Rs 25,695 and Rs 35,795 in India, and aims to garner a considerable market share in the smartphone segment.

      Prompted by the huge popularity of social networking games, a slew of marketers including Hindustan Unilever, UB Group, Mahindra & Mahindra, Canon and even the IPL are tying up with gaming cos to create online games for particular brands.

      Reliance Big TV, the DTH arm of Reliance Communications targets DTH value added services (VAS) revenues of Rs 100-crore in the next 5 years period, a top company official said.

      Media & Entertainment Group, UTV Software Communications, on Monday said it has acquired 80 per cent stake in US-Based online game publishing Group, True Games Interactive for an undisclosed sum.

      Media and entertainment company UTV Software Communications today said it will invest funds to the tune of 75 million dollar in its gaming business and plans to acquire a 51 per cent stake in a mobile content firm in the United States.

      As Reliance-ADAG increases its presence in the media and entertainment space through buyouts, it has forced other companies in the space, like Miditech and Percept, to raise money just to compete and remain in media.

      Mumbai-based UTV Software is in talks with Hyderabad-based gaming company Dhruva Interactive for acquiring a stake.

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