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Odyssey Video Communications Ltd.

BSE: 517465 Sector: Media
NSE: N.A. ISIN Code: INE342B01016
BSE 05:30 | 01 Jan Odyssey Video Communications Ltd
NSE 05:30 | 01 Jan Odyssey Video Communications Ltd

Odyssey Video Communications Ltd. (ODYSSEYVIDEO) - Company History

Odyssey Video Communications (OVCL), incorporated in Sep. '93, was promoted by MAA Communications Pvt Ltd, the flagship of the MAA group. OVCL is engaged in production of TV Serials and Advertising & Corporate Films. It is involved in the production of several corporate, advertising and training videos for clients in Bangalore, Delhi and Mumbai since it's incorporation. It has developed various programme concepts and a few pilots for networks such as Zee, Doordarshan (national and regional), etc. It has developed concepts and one sample film for foreign networks in association with Noel Gay Television. OVCL came out with a public issue in Jul.'94 to finance the establishment of TV and video production facilities. For this, it has imported almost the entire equipment like the Ampex DCT (Digital Component Technology) system, digital video effects equipment, computerised editing system, audio recorder and mixer, etc, at a concessional duty of 15%. OVCL has tied up with Noel Gay Communications, UK, for exports. Apart from carrying out production work, both for domestic and export markets, the company will be hiring out its DCT Edit Suite. In 1995-96, the company made a serious effort in export, development and work was done in Sri Lanka and some major marketing initiatives were done in the middle east and the UK. The company is adopting two pronged strategy, that of having optimum manpower strength and tackle the existing clients business in the areas of Corporate films and training films and to enter into two profitable new areas of business i.e Internet Advertising and Print and Productions. During the year 1998-99, the Company has bagged two Golden Aster's Award at the Osaka Film Festival, Japan.