SONO Music Updates: Universal Music India Enhances Bollywood Soundtrack Scene with Stake in Excel Entertainment

**SONO Music Updates: Universal Music India Enhances Bollywood Soundtrack Scene with Stake in Excel Entertainment** Article Image

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Universal Music India Expands Bollywood Influence with Excel Entertainment Stake

Universal Music India is transforming the landscape of Bollywood soundtracks by acquiring a 30% stake in the renowned film production powerhouse, Excel Entertainment, marking a strategic pivot back into the film music sector. Excel, valued at approximately $266 million, is known for its landmark Bollywood productions including “Dil Chahta Hai,” “Rock On!!,” and “Gully Boy,” as well as the acclaimed crime series “Mirzapur.” This move underscores Universal’s commitment to broaden its global influence by tapping into India’s vibrant film music scene.

Universal’s acquisition not only re-establishes the music giant’s presence in Bollywood soundtracks after a two-decade focus on artist-led music but also secures global distribution rights for future soundtracks under a newly created sub-label. Furthermore, Universal Music Publishing Group will handle Excel’s music publishing exclusively, creating opportunities for cross-collaboration with Universal’s diverse artist roster.

Excel Entertainment CEO Vishal Ramchandani shared that the partnership aims to elevate Excel into a global creative studio, bringing innovative and original content across various platforms. This collaboration is about weaving culturally resonant stories that resonate worldwide, as emphasized by co-founders and filmmakers Farhan Akhtar and Ritesh Sidhwani.

The entry into Excel Entertainment is part of a broader strategic shift for Universal, which recently relaunched its presence in India’s film music space by reissuing classic soundtracks and partnering with Maddock Films. This marks an essential realignment in a market where soundtracks are integral, driving significant growth in India’s music consumption.

Devraj Sanyal, CEO of Universal Music India and South Asia, joins Excel’s board of directors as part of the deal, further solidifying this dynamic partnership aimed at harnessing Universal’s global reach and Excel’s pioneering storytelling.

This development follows similar industry movements, such as Saregama’s stake acquisition in Bhansali Productions, highlighting the increasing collaboration between music labels and film production companies in India. By investing in culturally rich narratives, Universal Music India is not only expanding its Bollywood footprint but also contributing to the global appreciation of Indian cinema’s musical heritage.

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