LeEco to Invest Rs. 1,330 Crores on Content Aggregation in India: Report

Advertisement
By Indo-Asian News Service | Updated: 8 August 2016 11:34 IST
A day after launching Super3 series of televisions, Chinese Internet conglomarate LeEco is likely to invest nearly Rs. 1,330 crores into media-entertainment industry for content aggregation, sources said in New Delhi on Friday.

LeEco is reportedly in discussions with the local content producers and international studios for content tie-ups and has started work towards developing in-house shows and formats.

According to LeEco, the SuperTV users will get access to about 2,000 full HD/HD movies from Hollywood and Bollywood, more than 100 satellite TV channels, 3.5 million songs (coming soon by a software upgrade) and more than 50 live concerts.

The company is likely to acquire more than 1,000-plus hours of content and might offer more than 15 HD channels as part of Le Live to its users.

Advertisement

LeEco is also reported to introduce over 500 games in the next few months for its television sets and mobiles, eliminating the need for console gaming.

Advertisement

The company recently announced the $2 billion acquisition of US smart TV manufacturer Vizio and is also rumoured to be exploring a content deal with the popular video streaming service Netflix.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Xiaomi 17 Ultra With 200-Megapixel Rear Camera Launched at This Price
  2. Oppo Pad Air 5 With a 10,050mAh Battery Launched at This Price
  3. Xiaomi 17 Ultra Launching Today: All You Need to Know
  1. Xiaomi 17 Ultra Launched With Snapdragon 8 Elite Gen 5 SoC, Leica-Tuned 200-Megapixel Camera: Price, Features
  2. Astrophysicists Map Invisible Universe Using Warped Galaxies to Reveal Dark Matter
  3. Why Venus Is the Brightest Morning Star Visible From Earth
  4. Oppo Pad Air 5 Launched With 10,050mAh Battery, 12.1-Inch Display: Price, Specifications
  5. Dracula: A Love Tale Now Available For Streaming Online: What You Need to About its Plot, Cast, and More
  6. Xiaomi 17 Ultra Launching Today: Know Price, Features, Specifications and More
  7. South Korean Startup Innospace Fails on First Orbital Launch Attempt of Hanbit-Nano Rocket
  8. Failing Starlink Satellite Photographed in Orbit Before Fiery Reentry
  9. Russia Patents Rotating Space Station Concept to Generate Artificial Gravity in Orbit
  10. Interstellar Comet 3I/ATLAS Shows Wobbling Jets in Rare Sun-Facing Tail, Surprising Astronomers
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.