PGM Entertainment Pvt. Ltd., has
kicked off operations on an investment of Rs 25 crore,
and plans to invest another 10 crore by the year-end.
The company plans to release six movies in the current
year and 50 within the next three years and is
expecting a turnover of Rs 100 crore in three years’
time. PGM has struck associations with Sony, AXN,
Doordarshan and Discovery in India.
Other marketing related activities
would include corporate tie-ups, screening exclusive
premiers, road shows and outdoor advertising. The
company has a library comprising 220 movie titles, and
has dealt with production houses like Walt Disney
Studios. It is also involved in the distribution and
production of television programming through its
division in Los Angeles.