| Home
Moser Baer inks major movie deal with Sony BMG
New Delhi News.Net
Tuesday 22nd July, 2008 (IANS)
Music and entertainment majors Sony BMG and Moser Baer have inked a major deal by buying three Tamil under-production ventures, publicists said here Tuesday.
The buying of the movies - 'Raman Thediya Seethai', 'Puthiya Vaarpugal' and 'Poo' - scheduled for release from August onwards, is the beginning of a great alliance, Moser Baer chief executive officer G. Dhananjayan said.
'This strategic tie-up between two companies that believe in developing the Tamil music market is an important step - ably justified by the singular success of Kamal Hassan starrer Dasavatharam's record-breaking sales,' added Sridhar Subramaniam, the head of Sony BMG, during an interaction with the press.
Though the details of the deal were not disclosed, the total outlay for the company's operations in south India is in the region of over Rs.250 million during the next two quarters, sources said.
The Rs.39 billion Moser Baer has diversified into various IT products and services including computer hardware, movies, downloads, software etc.
 Email this story to a friend
Have your say on this story
|
 |
 |
- Missing Kashmiri youth found unconscious
Srinagar, July 4 (IANS) A 17-year-old boy was found in an unconscious state near his village in south Kashmir late Saturday, almost a week after he was arrested by the army. [read story]
- Orissa legislator, accused in communal violence, gets bail
Bhubaneswar, July 4 (IANS) Manoj Pradhan, a Bharatiya Janata Party (BJP) legislator who is an accused in last year's communal violence in Orissa and has been in jail since October, got 15-day bail Saturday to take oath as member of the assembly. [read story]
- Only a Dalit will be my successor: Mayawati
Lucknow, July 4 (IANS) Bahujan Samaj Party (BSP) national general secretary Satish Misra may continue to remain her confidant, but Uttar Pradesh Chief Minister Mayawati has no intentions of letting him don the mantle of her successor as she Saturday said only a Dalit will succeed her. [read story]
- New swine flu case takes India's tally to 129
New Delhi, July 4 (IANS) A Thai national was found suffering from swine flu, taking the total number of influenza A (H1N1) cases in India to 129, said an official statement Saturday. [read story]
- Jeddah-Mumbai flight tyres burst on landing, passengers safe
Mumbai, July 4 (IANS) Passengers aboard a Saudia airliner on a Jeddah-Mumbai flight had a scare when its tyres burst during landing at Mumbai airport Saturday evening, an official said. [read story]
|
|
 |
 |
|
|
