Our Profile
Founded by the Valuable Group in 2005, UFO Moviez India Ltd is the world’s largest satellite networked digital cinema chain. UFO’s path breaking initiative has revolutionized the way films are distributed & exhibited in India through its pioneering technology and infrastructure. Leading Indian industrial house Apollo Tyres Group and international PE investors 3i UK and Providence Equity Partners have made investments in UFO.
Within a few years of its launch, UFO has become the global market leader in its area of operations, offering end to end digital cinema solutions and delivering films via satellite directly to theatres, ensuring ‘FIRST DAY FIRST SHOW’ for film distributors and exhibitors across the country. The company’s strength lies in its innovative business approach, execution skills and focus on technology enabled business innovations.
Currently, with 2878 digital cinema installations spread in 1300 cities across the length and breadth of India, UFO is an integral part of the Indian film industry and significantly contributes to its expansion through wide spread day one releases of films across geographies. UFO’s secure technology has substantially reduced piracy in India.
The digital cinema solutions provided by UFO are very cost effective and cater to varied requirements of exhibitors without any compromise in quality, reliability and security.
UFO has added another first to its list by successfully bringing cricket matches of Indian Premier League (IPL), LIVE to over 800 cinema screens in high definition thus providing an option of alternate content to exhibitors in India. UFO has also achieved a major technological break-through in the field of 3D. It has indigenously developed a very cost effective technology to convert existing 2D screens into 3D screens. Currently, 155 screens in India are equipped with UFO’s 3D technology and this number is slated to go up to 1250 in next year and a half. UFO’s 3D initiative has fuelled the development of domestic 3D content.
Recently, UFO has also launched a unique Ticketing Platform - “IMPACT”, for the entertainment industry to bring transparency, efficiency and accountability in the Media and Entertainment business. IMPACT operates in real time and is connected to the back-end via satellite. Due to its cost effectiveness and usefulness, IMPACT’s integrated online computerized ticketing and concessions billing system has been deployed in more than 200 screens in India within a short period of its launch. This number is expected to cross 1000 installations over the next one year.
SCRABBLE ENTERTAINMENT LIMITED (Scrabble)
UFO has recently acquired a controlling stake in Scrabble Entertainment. Scrabble is an integrator of DCI compliant screens in India. Scrabble has already deployed 400 DCI screens in India, which number is expected to grow to 1200 by end 2012.
With the acquisition of a controlling stake in Scrabble, UFO is now in a unique position to provide integrated offering covering both DCI as well as non DCI systems. Also, UFO is now actively marketing its satellite based cost effective technology solutions to Indonesia, Malaysia, China and other SEA countries, which have a strong flow of domestic content and face logistical challenges in physical delivery due to their terrain or size. At the same time, UFO, through its subsidiary Scrabble, is in a position to offer DCI solution to cinemas to service their Hollywood content requirement.
Corporate Values
In all our relationships we will demonstrate our steadfast commitment to:
Vision and Mission Statement
Our Vision
Enhancing the entertainment experience and enabling the industry to realize its
true potential by creating a global platform of innovative services.
Our Mission
Provide end-to-end high quality digital cinema solutions through advanced technology
and communication networks. Offer a flexible and transparent platform to advertisers
for enhanced in-cinema advertising.
Key Investors
ABOUT 3i
3i is an international investor focusing on Private Equity, Infrastructure and Debt Management, investing across Europe, Asia and the Americas. Their competitive advantage comes from their international network and the strength and breadth of their business relationships. These underpin the value that 3i delivers to its portfolio, shareholders and fund investors.
Visit www.3i.com for more information.
ABOUT PROVIDENCE EQUITY PARTNERS
Providence Equity Partners is the leading global private equity firm specializing in equity investments in media, entertainment, communications and information services companies around the world. The principals of Providence manage funds with over $23 billion in equity commitments and have invested in more than 100 companies operating in over 20 countries since the firm’s inception in 1989. Significant existing and prior investments include Altegrity, Archipelago Learning, Bresnan Broadband Holdings, Casema, Com Hem, Digiturk, Education Management Corporation, eircom, Hulu, ikaSystems Corporation, Idea Cellular, Kabel Deutschland, NexTag, PanAmSat, ProSiebenSat.1, Recoletos, TDC, Univision, VoiceStream Wireless, Warner Music Group, and Yankees Entertainment and Sports Network. Providence is headquartered in Providence, RI (USA) and has offices in New York, London, Los Angeles, Hong Kong and New Delhi.
Visit www.provequity.com for more information.
Group Companies
Scrabble Entertainment Pvt Ltd
Scrabble Entertainment is the sole aggregator of DCI compliant screens in India and is the only one in India with Virtual Print Fee (VPF) contracts with major Hollywood Studios. UFO has recently acquired a controlling stake in Scrabble. Scrabble has already deployed 400 DCI screens in India, which number is expected to grow to 1200 by end 2012.
Scrabble has recently commenced roll-out of DCI screens internationally and has already signed VPF contracts with major Hollywood Studios for ten countries in Middle East and Eastern Europe viz. United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Lebanon, Jordan, Israel, Cyprus and Bulgaria. Scrabble has also executed contracts with all major exhibitors in these countries for over 500 screens and expects to deploy over 1000 DCI screens by end 2012 in these countries. Additionally, Scrabble is in advanced stage of finalizing agreements with exhibitors and VPF contracts with major Hollywood Studios in Latin America with initial focus on Brazil, Argentina, Mexico and Chile.
Visit www.scrabbleentertainment.com for more information.