In February 2013, Viacoms music channel MTV partnered with mobile handset maker Swipe Telecom to launch a

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In February 2013, Viacom’s music channel MTV partnered with mobile handset maker Swipe Telecom to launch a range of tablets and smartphones. The first device in the range was the MTV Volt. According to ‘Telecom Tiger’, the new device – framed as a ‘Fablet’ (fabulous tablet) features an in-built TV player, offering on-the-go access to MTV. Other features of the Android tablet include wi-fi, dual cameras, FM player, and GPS functionality. The device weighs half a pound and retails for 12,999 Rupees or $240. The Swipe-MTV partnership planned to launch 8 to 12 devices during the 2-year licensing deal. The compound annual growth rate of tablets in India was 59 percent in 2012. How do you evaluate this initiative by MTV in India? What are the benefits and possible risks?

Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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Global Marketing Management

ISBN: 978-1119398332

7th edition

Authors: Masaaki Kotabe, Kristiaan Helsen

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