Universal Music Takes 30% Stake in India’s Excel Entertainment With $267 Million Deal
Universal Music Group’s Indian division has secured a significant minority stake in one of Bollywood’s leading production houses, gaining global soundtrack rights in the process, it was confirmed on Monday. Universal Music India has entered into a definitive agreement to acquire a 30% equity stake in Excel Entertainment, valuing the Mumbai-based film and digital content […]
Universal Music Group’s Indian division has secured a significant minority stake in one of Bollywood’s leading production houses, gaining global soundtrack rights in the process, it was confirmed on Monday. Universal Music India has entered into a definitive agreement to acquire a 30% equity stake in Excel Entertainment, valuing the Mumbai-based film and digital content […]
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