Seventymm Sticks To Online; MovieMart Goes Offline, Ties Up With TNT

Entities Mentioned

• Reliance ADAG
• SeventyMM
• National Capital Region
• TiE

1. Distribution is seemingly the magic sauce of the movie rental business as both Seventymm and Moviemart expand their footprint. Moviemart, earlier relegated to Delhi and the National Capital Region, has expanded its services to 300 cities in India reports Afaqs. Interestingly it has tied up with TNT, the logistics company. A key service differentiation in emulating the Netflix (NSDQ: NFLX) model will be turn-around times, tying up with a logistics company is a neat way of hiving off a supply chain function. Anyone for possible tie-ups with privately held delivery major Vichare? Moviemart claims 10,000 customers currently and aims ... (Read Full Article)
   
   

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