{"id":983623,"date":"2026-01-06T09:32:04","date_gmt":"2026-01-06T04:02:04","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=983623"},"modified":"2026-01-06T09:59:37","modified_gmt":"2026-01-06T04:29:37","slug":"universal-music-india-buys-30-stake-in-excel-entertainment-values-firm-at-rs-2400-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/06\/universal-music-india-buys-30-stake-in-excel-entertainment-values-firm-at-rs-2400-crore\/","title":{"rendered":"Universal Music India buys 30% stake in Excel Entertainment, values firm at Rs 2,400 crore"},"content":{"rendered":"<p>Universal Music India (UMI) on Monday announced that it will acquire a 30 per cent equity stake in film and digital content studio Excel Entertainment, valuing the Ritesh Sidhwani and Farhan Akhtar-founded company at Rs 2,400 crore. <\/p>\n<p>UMI, a division of Universal Music Group (UMG), said it has entered into a definitive agreement with Excel Entertainment for the transaction. \u201cUnder the agreement, which values Excel at Rs 2,400 crore (euro 257 million), UMI will become a significant minority shareholder in Excel with a 30 per cent equity stake,\u201d the company said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Universal Music India (UMI) on Monday announced that it will acquire a 30 per cent equity stake in film and digital content studio Excel Entertainment, valuing the Ritesh Sidhwani and Farhan Akhtar-founded company at Rs 2,400 crore. UMI, a division of Universal Music Group (UMG), said it has entered into a definitive agreement with Excel Entertainment for the transaction. \u201cUnder the agreement, which values Excel at Rs 2,400 crore (euro 257 million), UMI will become a significant minority shareholder in Excel with a 30 per cent equity stake,\u201d the company said in a statement.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[82,4,22],"tags":[],"class_list":["post-983623","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/983623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=983623"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/983623\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=983623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=983623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=983623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}