Mumbai: Mohalla Tech-backed short video app Moj and social media platform ShareChat on Wednesday announced an exclusive multi-year agreement with T-Series. The partnership allows ShareChat and Moj to access an extensive catalogue of the music label's Indian music library.
ShareChat and Moj were also the first in the Indian social media and short video landscape to strike a licensing agreement with T-Series last year. Moj and ShareChat COO & co-founder Farid Ahsan said "the partnership drives more value to the industry, supports more artists, and delivers an incredible creative experience to the users across India."
“ShareChat and Moj have been a wonderful partner and they are a true long-term partner for us in the Indian short video space," T-Series, managing director, Bhushan Kumar said. "This long-term license reciprocates both of our intent to support the creator economy and build a robust foundation for the creator-led content ecosystem in the country.”
Moj and ShareChat together, with a 340 million-strong monthly active user community and over 82 million creator community, represent a significant share of the internet population in India, a statement said.
“This is an important step forward and sets the standard in the Indian social media and short video space that acknowledges and respects the music industry." T-Series, president, Neeraj Kalyan said. "With this continued commitment, ShareChat and Moj will bring more innovation and creativity for the Indian short video space an objective we share mutually. We are hopeful this would drive deeper engagements on the platforms and create a mutually benefitting partnership for years to come."