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LiveMedia

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LiveMedia
Private
ISIN🆔
IndustryMedia & Publishing
Founded 📆2006
Founder 👔Rajan Mehta
Headquarters 🏙️New Delhi, India
Area served 🗺️
Key people
Rajan Mehta
(CEO )
Members
Number of employees
🌐 WebsiteLiveMedia
📇 Address
📞 telephone

LiveMedia is media company based in India which displays advertising content on its network of video screens.[1]

History[edit]

LiveMedia was founded on 1 July 2006 by Rajan Mehta, a member of the board of directors and former Vice President of Nortel India. Targeting the hospitality sector, the first company with which LiveMedia arranged to install screens was McDonald's, followed by Nirula’s. In the first three months they signed 20 contracts and installed about 500 Screens. The first Company to agree to advertise with LiveMedia was Maruti Suzuki, followed by GlaxoSmithKline[2]

By 2007, LiveMedia had expanded to other cities[3] in the North of India, including Chandigarh, Kanpur, Lucknow, Agra, Jaipur. The company expanded to the corporate sector, and later into personal care, education and healthcare.[4] The company's valuation at that time was $15 million, and in March Draper Fisher Jurvetson invested $4 million in exchange for a stake of 21.05%.[5][6]

LiveMedia raised its second round of funding in July 2008 of $15 Million in total from Draper Fisher Jurvetson, Bay partners[7] and Samsung, $8million by Bay partners, $4million by Draper Fisher Jurvetson, $3 million by Samsung. After the two rounds of investments,Draper Fisher Jurvetson owned 38.30%.

As well as extensive advertising content,[8] LiveMedia started out in 2009 showing a mixture of games and quizzes as well as horoscopes. The company also created inexpensive short animations to draw the watchers' attention.[9]

In 2010, LiveMedia purchased an interest in Tag Media, a company with an in-store television network.[7][10]

The third edition of exchange4media OOH Awards 2013 bestowed the title of ‘OOH Media Owner of the Year’ on LiveMedia.[11]

By 2013 the LiveMedia network of screens were installed in about 3000 locations spread over 80 cities and towns in India. The company has contracts with Barista Lavazza,[12][13] McDonald's, Domino's Pizza, TGIF, Genpact,Fortis ,Dr. batra's,Jaypee Greens,Costa Coffee[14] and Bsnl

By 2014 LiveMedia was screening about fifteen entertainment programs, including Graffiti, GlobeTrotter, Horoscope Live, Humor Live, Kaun Banega Hoshiyar, Kitty & Witty, Logo mania,[15] Love unplugged, Make My Word, Mein Hun Kaun,[16] Mr.Wise, Sports Live, Bachelor of Trivia,[17] and Yo Mousi

References[edit]

  1. "Well trailer-ed books". The Hindu.
  2. "One and a half years and 500 contracts: Maruti, GSK and more." afaqs. 16 January 2008.
  3. "LiveMedia Screens enhance people's overall experience through quality content across Tier I cities". afaqs!. 21 February 2012.
  4. "Outdoor advertising to keep pace with consumers on the go". Live Mint, Priyanka Mehra
  5. "Draper Fisher Jurvetson Invests In Out-of-Home TV Company LiveMedia". VCCircle. 25 October 2007.
  6. "Captive audience and OOH TV". Amit Bapna, Economic Times, 16 November 2011
  7. 7.0 7.1 "LiveMedia counts DFJ and Bay Partners as investors". VarIndia.
  8. "What will drive OOH in 2014?". exchange4media News Service Mar 18,2014.
  9. Vivek Wadhwa, "Startups: India’s new charmers". Economic Times, 20 November 2009
  10. "LiveMedia Buys Stake In Tag Media ". VCCircle]. by Shrija Agrawal
  11. < "LiveMedia named OOH Media Owner of the Year". Exchange4media. 28 March 2013.
  12. "Barista to put LiveMedia screens at 200 outlets". afaqs! news bureau, New Delhi
  13. "LiveMedia ties up with Barista Lavazza for branded digital content display". Indian Television. 27 July 2010.
  14. "Costa Coffee Live". The Times Of India.
  15. "LiveMedia Continues its Thrust on Engaging its Viewers". The Telegraph (Calcutta). 13 October 2011.
  16. "LiveMedia Expands Programme Offering". avashya.com.
  17. "Graduate with Bachelor of Trivia on LiveMedia". All About Outdoor.

External links[edit]


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