In a
move that promises to redefine digital video creation and distribution,
India’s The 120 Media Collective and UK based Diagonal
View, today announced their joint venture, SOOPERFLY. The
partnership is the first of its kind in the rapidly growing digital video space,
where two companies with high pedigree and diverse skill sets have come
together to create a killer proposition for talent and publishers to enter the
world of video creation, distribution and monetization. The 120 Media
Collective will package professional content and substantial audiences to drive
premium ad sales and brand integrations.
EMPOWERING VIDEO
The company will have a three-pronged approach to empowering the entire digital video ecosystem:
1. Bringing new & existing talent into the digital ecosystem by
breaking down barriers and providing an entire suite of services including
development, production, channel management and audience building. The content
will range from the self-promotional for individual talent to premium content
that can fit into emerging subscription platforms.
2. Tap into large publishers and curate, manage and monetize their
existing content.
3. Sooperfly will also empower and enable brands to turn publishers
with the creation of video led properties around the enormous talent pool that
exists in the ecosystem today.
Sooperfly
will forge 200 partnerships during 2015, across individuals, publishers and
content collectives, who will co-produce content across a range of genres
including lifestyle, beauty, fashion, comedy, sports, education, technology,
the performing arts and more. The network already boasts names such as
celebrity journalist Vir Sanghvi, celebrity chat show host Tara Sharma and
stand-up comic Radhika Vaz, while collectives such as Shalom Films and The
Rolling Garaari bring in a variety of topical and serial content. Initial
advertiser partners will be announced later this quarter. Currently internally
funded by the partner entities, the company aims to be a Top 3 player in
digital video across the APAC region over the next 36 months.
DEMYSTIFYING CONTENT
The 120
Media Collective is a digitally-inclined company
that creates, produces, distributes, monetizes, creates engagement around and
promotes multi-platform content globally. Declared Content Marketing
Agency of the Year at the Content Marketing Summit Asia 2015,
The 120 Media Collective (along with its subsidiary brands, Jack in the Box Worldwide, Bang Bang Films and Sniper) enjoys the highest level of
credibility and relationships with the largest advertisers in India and the
region, pushing the boundaries and blurring the lines between communications,
entertainment and technology. The company brings cutting-edge content
development and distribution skills to this relationship, making it easy for
talent and publishers to enter the world of digital video.
Commenting on the partnership, Roopak Saluja, Founder
& Chief Executive Officer, The 120 Media Collective, said “Sooperfly is
The 120 Media Collective’s digital video distribution arm that gives us the
capability to build content brands direct-to-audiences. It capitalizes on
the production expertise of Bang Bang Films and Sniper and
the digital marketing credibility we’ve built with Jack in the Box
Worldwide but most importantly, it leverages our credibility with
brands built over nine years. Diagonal View as the global
leader in audience development and channel management is the ultimate partner
to join forces with in taking Sooperfly to a position of leadership in
empowering digital video across Asia.”
DEMYSTIFYING
ONLINE AUDIENCES
Diagonal
View was founded in 2008 as a joint
venture with ITN. With access to more than 2 million hours of professionally
shot content from ITN, the company quickly established itself as one of the
world's leading digital producers and audience builders. Today, Diagonal View
is best known for the exponential growth in subscribers, views and engagement
time delivered to clients such as Sony Music, Comedy Central and CBS.
Their own properties on YouTube such as AllTime10s (higher weekly views
in the US than many top-rated cable television shows) and
TheFootballDaily (larger than the Chelsea, La Liga, Fox sports channels) are
testament to what smart audience management can do.
“The market for professional video is global, and through local partners we have had great success throughout the US, Europe and the Middle East. We see huge potential in the Asia Pacific market, and believe this partnership and its unique skill sets will deliver professional video to substantial audiences”, said Matt Heiman, Founder, Diagonal View. “Our past success and experience with audience management and IP creation meets a current need gap in the APAC market, whether it’s brands looking at a scientific approach to video, or content creators and publishers looking for better management of their online properties.”