Eros
to raise Rs 3.5 bn via India IPO The subsidiary of Aim-listed
Eros International is also considering a pre-IPO placement of up to Rs 200 million.
(5 January
2010) Reliance
MediaWorks steps out to UK, snaps up iLabs Acquisition to help
Reliance offer front-end, processing, restoration, conversion to 3D & post-production
services. (7
January 2010) Fun
Cinemas in talks with PE investors to raise Rs 400 mn Fun Multiplex
is in talks with private equity investors; has plans to invest Rs 750 mn and add
nine multiplexes in FY'11. (2
January 2010) NFDC
gets into DAVP role, can release govt ads As part of the restructuring,
government allows NFDC to release social ads for TV, radio, internet and theatres.
(7 January
2010) Fox
Star Studios takes top Hollywood spot in India Fox Star Studios
rakes in Rs 1.5 billion with a string of hits in 2009; overtakes other studios
to sit atop in India. (2
January 2010) PVR
gets board nod to dilute 10% stake to Thai firm PVR to allot
shares to Major Cineplex on preferential basis at Rs 165 a share; defers allotment
to DLF's DT Cinemas Ltd. (4
January 2010) |