Sunday, December 29, 2024

Viusasa in financial mess, set to shut down

Viusasa in financial mess, set to shut down

How Viusasa Works: Viusasa, the video-on-demand services that is owned by Royal Media Services (RMS) is in a deep financial crisis. Apparently, the service has been unable to pay artists signed on to it for the past seven months.

It has also fired its script translators while editors who had been assigned therevhave been given other roles at RMS.

“Those who translated scripts were asked to return their headphones and clear with the company yet their contracts were to run to December. The artists are said to be planning a boycott and demonstration against Royal Media to demand their dues. They too the first step today after holding a meeting today at a joint on Aga Khan walk in the city centre. These are the actors who provide voices for the dubbed (translated) versions of the shows on the app,” reports a local media blog.

Co-Op center

Viusasa is currently managed by Content Aggregation Limited (CAL) which is based in Westlands, Nairobi, and headed by former Ipsos Managing Director George Waititu.

Viusasa in financial mess, set to shut down
How Viusasa Works: Viusasa, the video-on-demand services that is owned by Royal Media Services (RMS) is in a deep financial crisis. Apparently, the service has been unable to pay artists signed on to it for the past seven months.

It gives subscribers access to video, music and live TV channels at a fee, starting from Sh. 20 daily.

“It is being claimed that Viusasa operational budgets were too high and RMS vice-chair person, Mrs Purity Gathoni Macharia, declined to approve them,” says the blog.

NCBA

Apparently, it adds that Viusasa artists are engaged through verbal agreements and only sign release forms allowing the station to use their voices and or images for a fee.

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