Most important news is, they are planning to hive off their web casting division and it is likely that I-Net Singapore, a wing of MediaCorp, might tie up with them for showing streaming content from the portals of GV Films. (GV Films have rights for 4000 Hindi films and 2000 films in South Indian languages.) This will help GV Films to concentrate on building physical assets like multiplexes. That is why they are planning to have 45 multiplexes plus shopping malls in South India.