Indian studios T-Series and Reliance Entertainment have partnered for more than 10 movies with a total investment of Rs 10 billion (13 136.2 million).
The films will cover all genres and it will be a mix of big budget tentpoles as well as mid and small budget films. They are in various stages of development and include Hindi remakes of Tamil blockbuster dramas and action thrillers, a historic historical biopic, a spy thriller, a courtroom drama, a satire, a romantic drama and a film based on true events. The slate will be made in the next two to three years, with the first theatrical worldwide release scheduled for 2022.
In recent years, Reliance Entertainment has made several hits under its partnership with Rohit Sethi, Imtiaz Ali, Neeraj Pandey, Bikash Bahl, Vikramaditya Motwane, Anurag Kashyap, Ribu Dasgupta and S Shashikant. , New with Vikramjit Singh, Mangesh Hadawale, Shrijit Mukherjee and Sankalp Reddy.
The deal also promises to “confirm with some of India’s biggest stars”, although their names have not been released. The International Media Acquisition Corporation (IMAC), a special purpose acquisition agency (SPAC) recently launched by several A-lister governments in India, is involved targeting the Indian media industry, which has raised more than 200 200 million. IMAC will not be involved in the T-Series-Reliance Entertainment Agreement.
The T-Series, India’s largest music label, has partnered with Reliance Entertainment to market music for more than 100 films.
Bhushan Kumar, Chair and Managing Director of T-Series, said: “After working together on music marketing, this collaboration happened at the right time and it will strengthen our relationship.
Shivashish Sarkar, Group CEO, Reliance Entertainment, said: “I am really looking forward to our partnership with T-Series. This partnership with Bhushan will surely usher in a major breakthrough in the Indian film industry as we are going to give our viewers a bouquet of misguided and important films. ”