G V Films incorporated in 1989 to produce and distribute feature films in various languages, G V Films was the first company in India to go public for film distribution with permission from the Government of India. G V Films has entered into a tie-up with Sony, Japan, to manufacture, for the first time in India, compact discs (CDs), which were hitherto imported. In 1994-95, it acquired a theatre complex in Thanjavur, Tamilnadu. It is also planning to conver the existing theatre into multiplex by adding two more mini theatres with in-built shopping complex. G V Films proposes to enter the television industry, with the launch of GV-TV. Apart from a music channel, a sports channel and a movie channel, it also proposes to beam BBC programmes shortly. The company will also enter the booming home video market. It plans to enter the communication business in a large way, establish ultra-modern studios and cinemas, set up high-tech video production centres, produce epic serials for television and the mass media and discover further avenues in the communication and entertainment businesses in India and abroad. M/s.One World Media Network Infotainment Ltd is in the process of amalgamating with the company as necessary approvals has to be awaited from Highcourt of Judicature at Madras.