Tata Communications to invest $50 million in media, entertainment business

Days after acquiring BT's Media and Broadcast Tata Communications today said it would invest $50 million in its newly formed Global Media & Entertainment Solutions (GMES) group over the next two years.

Vinod Kumar, COO, Tata Communications

Tata Communications launched its dedicated global video network - Video Connect and unveiled its media management platform, Mosaic, which it acquired this month from BT Group plc (See: Tata Comm acquires BT's Mosaic; to expand into media, entertainment solutions). As part of the GMES portfolio, Video Connect and Mosaic will complement Tata Communications' existing Media and Entertainment services, offering media companies an integrated end-to-end solution that enables global collaboration across the media ecosystem.

Mosaic, with its Cloud-based media management that can be accessed over the Web, comes to Tata Communication with strong media linkages along with assets in software, hardware and intellectual property.

The newly-formed GMES division will offer three products- workflow management (through the recent acquisition of Mosaic from BT Group Plc) and high speed broadcast through fiber using Tata Communications' Video Connect in addition to the traditional satellite uplinking. The solutions aim to serve media & entertainment industry globally, spanning the entire spectrum from production, distribution to broadcast.

Mosaic helps media companies to produce a show in London, edit it in Mumbai and broadcast in New York in a secure way without the file having left the cloud. Video Connect offers high speed video broadcast without using bandwidth guzzling technologies.