Ann: TV2U's TARA TV signs Agreement with Global Karaoke Provider, page-2

TV2U’S TARA TV SIGNS AGREEMENT WITH GLOBAL KARAOKE PROVIDER,
PROVIDING A KEY SERVICE DIFFERENTIAL FOR ITS CLOUD BASED ENTERTAINMENT PLATFORM
Galicia Energy Corporation Limited (GAL or the Company) is pleased to announce that TARA TV Singapore
Pte Ltd (TARA) (a wholly owned subsidiary of TV2U Worldwide Pty Ltd) (TV2U) has entered into an
agreement with Sunfly Karaoke Limited (Sunfly) (Agreement), a premier karaoke label that has had a well
established global presence since 1991.
TARA (Television and Radio Anywhere) is a managed cloud entertainment platform, enabling operators to
introduce an on‐demand content service for the first time, either under the TARA brand or a as a White
Labelled product.
Highlights:
• Sunfly holds a premium market position. Catalogue contains over 13,000 tracks (EMI, Sony, Warner,
Universal), and 1500 full motion videos
 Provides “country bespoke” packages incorporating language, latest hits and genres across 5 decades
 Interactive and Dynamic Streaming Karaoke allows users to sing via PCs, Connected TV and Mobiles and
is iPhone and Android compatible
 Agreement fits TV2U’s ability to provide subscribers what they want, when and where, and on any
device
 Agreement reflects TV2U’s focus on emerging growth markets of the Asia Pacific Region and is one of
many currently under discussion
 Agreement is part of TV2U’s strategy to develop a strong mix of content partners to complement its
innovative technology solution enabling new operators to rapidly and cost effectively enter the
television market place
Under the terms of the Agreement, Sunfly will provide TARA the rights to use digital content consisting of
karaoke songs and accompanying music videos. TV2U will embed this content into its “Jukebox” audio/video
Karaoke application, that will enable songs to be downloaded on demand and be used across multiple
networks and any consumer devices offered to subscribers.