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)
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 …