Universal Music Group has taken a 30% stake in Indian film and digital content studio Excel Entertainment at a $257 million valuation.
UMG's Indian division acquires significant minority stake in Bollywood studio Excel Entertainment for $267 million, gaining ...
As part of the deal, which values Excel at $290 million, Universal Music Group will receive global rights to all future ...
As reported by IBEF, the Music industry in India is witnessing unprecedented growth, fuelled by the rapid adoption of Digital ...
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