TinselVision, the South Asian video on demand site, has shut down as per ContentSutra. The site had received $6 million in funding. This doesnt come as a surprise to me at all.
I blogged about an year ago on why video streaming of Indian movies – content is not a sustainable model. Rajshri has been able to survive perhaps because of its deep pockets, but I’m still skeptical of how much revenue it actually generates and whether this revenue is enough to sustain their expenses (bandwidth, infra. etc.)
BTW, Medianama has an interesting outline on the TinselVision story.
