TeleTv generates 25 mln USD for Ethiopia in 4 months

Yeras Menged now streaming on TeleTv

ADDIS ABABA – TeleTv, a newly launched entertainment platform, has injected 25 million USD into the Ethiopian economy within its first four months, according to Besufekad Getachew, Founder and CEO of Eaglelion.

In a press briefing yesterday, Besufekad highlighted that TeleTv is fully developed under Eaglelion system technology, providing a diverse collection of movies, TV series, shows, and exclusive interviews. The platform features a user-friendly interface and personalized recommendations to enhance the viewing experience for its subscribers, which now exceed 100,000.

Besufekad also emphasized that TeleTv offers flexible payment options, allowing subscribers to choose payment methods that suit their convenience. He noted that this flexibility could significantly enhance accessibility to the cinema industry and address ongoing copyright concerns that have plagued content creators in the region.

In addition to its mobile application, the CEO announced the company’s plans to launch a television channel to further expand its reach and provide a broader range of content for viewers. This move aims to bridge the gap between digital streaming and traditional television, offering audiences more ways to enjoy Ethiopian cinema.

Director and Scriptwriter of a new film featured on the platform, Artist Solomon Bogale, expressed his excitement about TeleTv’s role in enhancing the cinema industry. He remarked that the platform could promote Ethiopia’s rich culture, values, and essence through its films, making the Ethiopian cinema industry more internationally acceptable, akin to Bollywood and other successful film industries.

Solomon underscored the platform’s potential in generating income not only for producers and artists but also for the nation as a whole. He noted that TeleTv’s contribution to the economy could help support local filmmakers and encourage the creation of more high-quality content.

A new film aired yesterday that participated in a prestigious Pan-African film festival featuring over 150 countries, where it ranked among the top ten films and received an appreciation certificate.

TeleTv offers high-quality cinema films at affordable prices, featuring titles such as “Sidist Seat Kelelitu,” “Doka,” “Tikur Adey,” “Quragnaye,” “Tizita,” and “Kerebe.” With its innovative approach and commitment to supporting the local cinema industry, TeleTv is poised to play a significant role in the growth of Ethiopia’s entertainment landscape, it was stated.

BY BETELHEM BEDLU

THE ETHIOPIAN HERALD FRIDAY 18 OCTOBER 2024

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