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Universal Music India acquires a 30% equity stake in Mumbai-based Excel Entertainment in a deal valuing the Indian production house at $290M (Patrick Brzeski/The Hollywood Reporter)

Mediagazer · last updated

Patrick Brzeski / The Hollywood Reporter:
Universal Music India acquires a 30% equity stake in Mumbai-based Excel Entertainment in a deal valuing the Indian production house at $290M  —  As part of the deal, which values Excel at $290 million, Universal Music Group will receive global rights to all future original soundtracks attached …