Top Story

e4m_logo.png

Home >> International >> Article

B4U to raise corpus of Rs 100 crore to facilitate funding of films

27-March-2001
Font Size   16
Share
B4U to raise corpus of Rs 100 crore to facilitate funding of films

The B4U group in talks with financial institutions like IDBI to put together a fund with a corpus of around Rs 100 crore to facilitate funding of films in an organised manner. The B4U group is also expected to hold 50 per cent stake in the entity which will manage the film fund and is likely to see the light of day by the end of this year.

The funds will initially target only Bollywood. The motive behind the film fund will be to search for fresh talent in the film industry which gets lost for want of funds and also corporatise the whole funding structure.

For this financial year—the group—operating two channels B4U Digital entertainment and B4U Music, has identified three main areas for investments – Bollywood content development, content for the broadband service providers and for direct-to-home television platform.

Currently, the company is in talks with two foreign broadband service providers for foreign markets.

Tags

The popular channel from the Viacom18 ‘s umbrella MTV Indies, which aired music by independent artistes, was replaced by MTV Beats, a 24x7 Hindi music channel in 2016

Bhasin on the checks and balances of new IRS, methodology with new companies like Vedsur on board, interpreting the data and why it’s not fair to compare with previous data

Chitresh Sinha, CEO, Chlorophyll Innovation Lab and Vivek Singh, Joint MD, Procam International speak exclusively with exchange4media on the upcoming #BeBetter Campaign for the TATA Mumbai Marathon

Abhishek Punia, Co-founder and COO of ARM Worldwide, tells about how they re-branded themselves from ARM Digital to ARM Worldwide and in the process marked their presence globally

Over the last 12 years, Cadbury 5Star has entertained viewers bringing to them ‘lost’ antics of the iconic duo of Ramesh and Suresh

As the brand sets its gaze towards the future, it was a clear direction to amplify the very feeling of this ‘attachment'

We list a few important stories that you may have missed in the week gone by