Don’t miss the latest developments in business and finance.

Hollywood calling

Image
Archana Mohan Ahmedabad
Last Updated : Feb 14 2013 | 7:09 PM IST
Software major Tata Consultancy Services (TCS) is looking at the media and entertainment industry as a high growth sector.
 
The company has acquired contracts from six of the top Hollywood studios and is expecting revenues from the segment to go up in near future.
 
Through its media and entertainment lab, the company caters to big Hollywood studios such as Fox, MGM, Warner Brothers among others.
 
"There is potential for tremendous growth in the media and entertainment business for a company like TCS which is at the fore by building solutions central to the future of the industry," Pradipta Bagchi, general manager, corporate communication, TCS, told Business Standard.
 
He also added that media and entertainment, clubbed with telecom was now beginning to contribute around 15 per cent of the revenues of the company.

 
 

Also Read

First Published: Oct 02 2006 | 12:00 AM IST

Next Story