Aidem Ventures-eBus Media Networks announce JV for India & MiddleEast
Singapore based eBUS Media Network and Aidem Ventures have announced the creation of a joint venture, eBus-Aidem, in India to offer a complete solution for digital distribution and management of Television Commercials (TVCs) to advertisers, agencies, media owners, content producers and broadcasters.
Ajay Verma will head this new vertical as the Chief Executive. Verma has over 17 years of advertising & marketing experience, having worked with organisations like O&M, Draft-FCB, Rediffusion, Y&R, Contract and Percept Hakuhodo, and has been part of eBus’ startup operations in India.
In the current scenario, with over 500 channels in India and many more in the pipeline, advertisers and agencies have to send multiple tapes containing different versions of advertisements to multiple broadcasters across the country. This has several risks, including the chance of tapes getting lost in courier, delays in catching up with material deadlines, multiple copying resulting in generation loss and lack of security as many unauthorised people have access to the tapes.
eBus-Aidem provides a digital delivery solution where the advertiser would have to send TVCs only once, and it is digitally delivered to the list of broadcasters as specified by the client or the agency within six hours. Advertisers and agencies can easily track the commercial going to broadcasters on-line and also have easy access to commercials in different formats for their presentation on mobile, the Internet, etc.
For the broadcasters this will mean faster arrival of TVCs in digital quality, complete library management, no more handling of physical tapes or ingesting, thereby saving physical space, time, effort & money.
An official note said, “eBus-Aidem also provides broadcasters a secure electronic approval process which integrates with traffic, S&P, Ad Sales and final play out. Further, the eBus system automatically codes the TVCs and notifies various people in the organisation who have to work on it, improving corporate governance. Clients and agencies also have easy access to earlier TVCs without having to store, maintain and retrieve tapes.”
Kaushal Dalal, Director, Aidem said, “We believe that the future is going to be tapeless and digital delivery of TVCs will be the norm. To this end, the solution that eBUS has to offer is truly excellent. The coming together of eBus and Aidem will not only add to the range of media related services that Aidem provides but will also help bring in the future much faster.”
Carmine Masiello, CEO, eBUS Singapore added, “With the expansion and modernization of the television industry, including digital and HD, we provide advertisers a much faster and convenient mode for delivering TVCs. Given the complexity of the Indian markets we trust that partnering with Aidem will not only add the local expertise we need to promote our products and services but also go a long way in establishing eBus as the standard mode for delivering TVCs in this market space.”
Raj Nayak, Managing Director, Aidem Ventures, said, “We believe this technology will be a game changer and goes with the company’s vision to diversify into areas that is in synergy with our core business. Leading Broadcasters have already started using the eBus technology and more are signing shortly. Many leading advertisers also have already signed up and are currently using and having the benefits of the eBus solution.”
eBUS is a Singapore based company that has established itself as a video content management and distribution business in the media industry. eBus has its operations in Singapore, India, Thailand and New Zealand and has built a team with the expertise to connect different locations, languages and cultures. It has experience in advertising, broadcasting and production and understands the complexities of working in the fastest growing media markets in the world.
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