Why are Music Labels Buying Into Film Companies?
Are music labels about to dictate the terms of Indian cinema? What began as strategic investments—Saregama's ₹325 crore stake in Sanjay Leela Bhansali Productions and Universal Music's acquisition of 30.8% in Excel Entertainment—has sparked questions about consolidation, control, and the future of India's entertainment ecosystem. In this episode of The Morning Brief, host Anirban Chowdhury speaks with ET’s film journalist Rajesh N Naidu and Nirmika Singh, founder of MOX Asia, former Editor, Rolling Stone India to decode the financial mechanics behind these deals.The…
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