US EditionSaregama India Enters Strategic Partnership with Sanjay Leela Bhansali’s Bhansali Productions
Saregama will exclusively acquire music rights for Bhansali Productions' future films, supporting EPS growth by FY27 amid a strategic shift to partnerships in Bollywood.
- Saregama India Ltd announced a strategic partnership with Bhansali Productions Pvt Ltd, helmed by celebrated filmmaker Sanjay Leela Bhansali, granting exclusive music rights to all future Bhansali films under a pre-agreed pricing formula.
- The move reflects Saregama's growing focus on partnerships and content collaborations as it plans to gradually streamline in-house film production over the next one to two years to secure steady music supply and reduce acquisition costs.
- Kotak Investment Banking, exclusive financial advisor, guided Bhansali Productions Pvt Ltd, while Saregama provides governance oversight as Bhansali retains IP ownership and creative control.
- As margins improve, the deal is positioned to contribute positively to Saregama India Ltd's earnings, with the investment expected to strengthen music and video margins and lift FY27 earnings per share.
- Saregama's music and live events operations position it to commercialize Bhansali Productions' output, which plans to produce more than 10 feature films over the next three years, including Love and War and Do Deewane Shehar Mein.
13 Articles
13 Articles
Times of India
The Economic TimesSaregama to invest Rs 325 crore in Bhansali Productions
Saregama India has partnered with Bhansali Productions in a significant deal. This collaboration involves an equity investment by Saregama. The partnership aims to leverage Bhansali Productions' content creation with Saregama's music and live events business. Bhansali Productions will exclusively sell music rights for future films to Saregama. This strategic move is set to enhance Saregama's content pipeline and financial performance.
Saregama invests $36mn in Bhansali Prod.; to up stake to 51% by 2030
Saregama India will acquire 9,960 shares of Bhansali Productions for $35.8 million, the music label said yesterday, and also outlined a plan to take a 51 percent majority stake in the Bollywood movie studio by fiscal 2030. It was not immediately clear what percentage of ownership the shares granted the music label, a Reuters report […]
Coverage Details
Bias Distribution
- 80% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
