Home / Business and Economy / Oscar Winners Sikhya & Jio Studios Forge Major Partnership
Oscar Winners Sikhya & Jio Studios Forge Major Partnership
3 Feb
Summary
- Reliance Strategic Business Ventures acquired a 50.1% stake in Sikhya.
- Sikhya is known for Oscar-winning documentaries 'Period. End of Sentence.' and 'The Elephant Whisperers.'
- The partnership aims to develop films and series for global audiences.
Reliance Strategic Business Ventures Limited, a subsidiary of Reliance Industries Limited, has secured a 50.1% controlling stake in Sikhya Entertainment. Sikhya is renowned as the sole Indian production house to have won both an Academy Award and multiple Indian National Film Awards, including for documentaries like "Period. End of Sentence." and "The Elephant Whisperers."
This acquisition brings Sikhya together with Jio Studios, India's leading film studio. The partnership is set to enhance the development and distribution of films and series, targeting both domestic and international audiences. Jio Studios, with its vast experience producing over 150 films and series, will combine its reach with Sikhya's expertise in crafting globally resonant narratives.
Producers Guneet Monga Kapoor and Achin Jain of Sikhya expressed their long-held belief in the power of stories to transcend cultural barriers. They highlighted that this collaboration with Jio Studios, under Jyoti Deshpande's leadership, will empower them to amplify Indian stories worldwide and support emerging talent across the nation.
