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Star
and UTV to co-produce 12 movies
A first time
movie deal has been announced between NewsCorp owned Star
TV and Indian's major production house United Television
Limited . The duo plan to co-produce 12 feature films as
part of a co-production initiative. The movies - commercial,
regional and international co-productions will be distributed
by 20th Century Fox. While Star is expected to pick up the
satellite rights, UTV will hold the "world theatrical "
or movie hall rights. The move has been prompted by the
estimated over 5 billion Indians abroad. UTV has distributed
a range of Hindi films including Sarfarosh, Bade Miyan Chote
Miyan, Terrorist, Vastav and an Indo-English movie Hyderabad
Blues in the past few years.
Meanwhile, Star is believed to be in advanced
stages to start work on its US$ 1 studio on the outskirts
of Mumbai to produce films and TV product. Earlier this
year, NewsCorp Chairman Rupert Murdoch had pledged to launch
a studio in Mumbai.
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