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Optical storage and devices maker Moser Baer will foray into the entertainment space through the Indian home video market.
According to a release issued by Moser Baer to the BSE, the company will release video content on DVD and Video CD formats using its proprietary and patented technology.
Its new division is in final negotiations to acquire copyrights of more than 7,000 titles in all major Indian languages.
"The initiative will enable us to offer high quality titles at Rs 28-34 for VCDs and DVDs," Yogesh Mathur, group CFO of Moser Baer, said.
Optical storage and devices maker Moser Baer will foray into the entertainment space through the Indian home video market.
According to a release issued by Moser Baer to the BSE, the company will release video content on DVD and Video CD formats using its proprietary and patented technology.
Its new division is in final negotiations to acquire copyrights of more than 7,000 titles in all major Indian languages.
"The initiative will enable us to offer high quality titles at Rs 28-34 for VCDs and DVDs," Yogesh Mathur, group CFO of Moser Baer, said.
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