In August, New Medium Enterprises (NME) announced plans for their entry into the high definition disc format wars, HD VMD, then launched the player in October. On Monday, they announced a deal with six major Indian film distributors to make certain titles available in HD for the first time ever, beating Blu-ray and HD DVD to the Bollywood punch. The films will go on sale in January as part of a package deal with NME’s backwards-compatible HD VMD player, with ten titles bundled with the device for $299 through Indian retailers and e-tailers. Says NME CEO Mahesh Jayanarayan, “VMD’s adoption by Bollywood alone will provide a life-long annuity for NME; we are committed to providing high-quality HD content, but most importantly we are making it affordable to both consumers and vendors.”
David Thomas, CEO at Evident, is an accomplished cybersecurity entrepreneur. He has a history of introducing innovative technologies, establishing them in the market, and driving growth – with each early-stage company emerging as the market leader.