MoMedia signs VoD deal for 5,000 movies
September 5, 2014
MoMedia TV, a digital media company and provider of VoD services, has secured a deal to process 5000 Films with Infostrada Creative Technology, Holland.
The deal enables its Loopr VoD service to deliver substantial discounts to rights holders wanting to distribute VoD onto services including iTunes, Google Play, Amazon, Samsung, and Xbox amongst others. Focused on aggregating ‘localised’ content for the major global & local VoD platforms, Loopr provides a cost effective and efficient solution to digital distribution for content providers.
With this new deal, Loopr will be able to disrupt the cost of getting content licensed, processed and marketed on VoD services. “It can cost thousands of dollars to get a feature film onto these services with very high technical requirements, including closed captioning and localisation files that drive up the cost. We aim to lower the barrier to entry and give more money back to rights holders” said Lucas Bertrand, CEO, MoMedia. “With the explosion of VoD devices & platforms, there is a real opportunity for rights holders to monetise their content from digital sales. However, managing the complex variety of metadata, windowing, pricing, currency and technical information is expensive and time consuming to handle. Loopr resolves this complexity by providing rights holders with a centralised way to manage their transactional VoD distribution, and we can offer up to 90 per cent savings.”