Sharang Sharma has been promoted as Business Head following COO Sandeep Bhargava’s departure from Sahara One Motion Pictures. Prior to his new position, Sharma, who has been with Sahara for close to eight months, was Head of Acquisition, Distribution and Syndication.
Commenting on the development, Sharma who took charge as Business Head from June 27, 2006, said, “This is a good opportunity as Sahara One Motion Pictures is now one of the prominent brands in the entertainment space. The risks that it had taken have paid off well and I am looking forward to exciting projects that are nearing completion.”
He further said, “We are looking at acquiring more movies and also getting more active in movie production. I want to now focus on big budget movies and aim to release at least a movie a month.”
Prior to joining Sahara One Motion Pictures, Sharma was National Distribution Manager at Sony Pictures for close to four years.
Meanwhile, according to reliable sources, Srinivas Palakodeti, CFO, Sahara One, has also put in his papers. Palakodeti was not available for comments at the time of filing this report.
Prior to joining Sahara One, Palakodeti was COO and CFO of IndusInd Media and Communications. He has previously worked with SBI Capital Markets, Ashok Leyland Investment Services, and KJMC Financial Services.
Sandeep Bhargava quits as Sahara One Motion Pictures COO