Universal Music acquires 30% stake in India’s Excel Entertainment, valuing Bollywood production house at $267m
As part of the deal, UMG will roll out a dedicated Excel music label with global distribution capabilities.
source https://www.musicbusinessworldwide.com/universal-music-buys-30-stake-in-indias-excel-entertainment-valuing-bollywood-production-house-at-267m/
source https://www.musicbusinessworldwide.com/universal-music-buys-30-stake-in-indias-excel-entertainment-valuing-bollywood-production-house-at-267m/
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