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Excel Ent. Partners With Universal Music Group
3 Jan
Summary
- Excel Entertainment formed a strategic alliance with Universal Music Group.
- Universal Music Group acquired a minority stake in Excel Entertainment.
- Excel Entertainment retains creative control and majority equity.
Excel Entertainment, co-owned by Ritesh Sidhwani and Farhan Akhtar, has entered into a strategic partnership with Universal Music Group (International). This alliance involves Universal Music Group acquiring a minority stake, a move that has been in negotiation for months, aimed at strengthening Universal's presence in the Indian film market.
The deal strategically positions Excel Entertainment as India's most valued production house, while crucially, Sidhwani and Akhtar retain complete creative control and a majority equity stake. This significant development occurs as Excel Entertainment celebrates its 25th anniversary, having debuted with "Dil Chahta Hai" in 2001.
As Excel Entertainment looks towards 2026 with anticipated projects like "Don 3" and "Jee Lee Zaara", this global partnership signifies a new chapter for the production house. The company has a rich history of delivering iconic films and pioneering acclaimed OTT content.
