BUSINESS

iShare: New feather in Rediff's cap

By Onkar Singh in New Delhi
July 10, 2007

Ajit Balakrishnan, chairman and chief executive officer of rediff.com launched 'iShare' -- a social content-sharing -- platform to publish and share videos, music and photos in New Delhi on Tuesday. Present on the occasion was Tarun Mehra, marketing head of Zee television.

'iShare' (//ishare.rediff.com/) is seen to provide a richer context for users to connect and form a vibrant online community.

Elaborating on the concept, Balakrishnan said, "Increasing usage of mobile phones with digital cameras has changed the way users consume digital media. We believe that iShare will provide users a context to connect and enjoy a more comprehensive multi-media entertainment experience on the Internet creating new opportunitiesĀ for our partners to reach out to their audience."

He offered to share advertisement revenue with whoever wishes to showcase his product. "We can sell these product with the help of our marketing unit and share the revenue," he said.

He admitted that rediff would face competition from the existing players in the same sphere. " We can put you on to 50 per of 22 million users in 30 days which no other site can do," he said.

When asked if and user can misuse the facility, Balakrishnan said that one per cent of such users can always be there. The readers can report an abuse anytime and a team of experts would take immediate action. "We cooperate with the law enforcing agencies in such matters," he added.

Speaking on its partnership with rediff, Mehra said that Zee was delighted to be the first to leverage the rich multimedia platform of rediff.com. "iShare will help us to open up another conduit for our viewers not only in India but worldwide to participate and showcase their talent helping us to reach to our audience across the world," he said.

Onkar Singh in New Delhi

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