TikTok Rival Lomotif Grows India Business With Viacom18, Lionsgate Play Partnerships

  • 📰 Variety
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

México Noticias Noticias

México Últimas Noticias,México Titulares

The India expansion plans for short-form video platform Lomotif are well underway via a partnership with billionaire Mukesh Ambani’s Viacom18 media conglomerate. The partnership kicks off wit…

announced a merger, creating the country’s largest short-form video platform. The combined MX TakaTak-Moj platform has 100 million creators and more than 300 million monthly active users .

“That’s a tricky market, most people think they’re just going to go in there, it’s billions of people, and it’s going to be easy, it’s going to be a home run,” Farnsworth told. “But it’s a hard market to crack.” Rather than go with big influencers, Lomotif chose to target the market community-by-community using micro-influencers and the tests have done well.

Another initiative that attracted Indians to Lomotif is global talent hunt “You’ve Been Scouted,” which was won by India’s Yatin Kumar, who secured a $250,000 album deal. Kumar is in Africa, recording with Grammy-winning producer Teddy Riley, who has worked with Michael Jackson, Lady Gaga, Pharrell and BTS.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

👇🏼⚠️😳⚠️👇🏼

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 108. in MX

México Últimas Noticias, México Titulares