Hindi
Mukta Arts buys majority stake in Manish Goswami’s movie company
MUMBAI: Subhash Ghai-promoted Mukta Arts has agreed to buy 50.01 per cent stake in Manish Goswami‘s newly started movie company at par value.
The purchase price of Red Carpet Films, which is yet to produce any movies, is pegged at Rs 2,50,470. “We plan to increase the bandwidth of our production capability. Although Red Carpet Films has not produced any movie so far, it is in advanced discussions with distributors globally for output deals,” says Mukta Arts CEO Ravi Gupta.
Red Carpet Films plans to produce 3-4 movies a year. “We are looking at producing medium budget films in the range of Rs 60-120 million. We will soon be announcing an output deal with a corporate to produce films for them,” says Goswami.
Mukta Arts has entered into a shareholder‘s agreement to acquire 25047 shares (of Rs 10 each) of Red Carpet Films, the company says in a release.
Goswami also runs a TV content company, Siddhant Cinevision, which is not part of the deal. Siddhant Cinevision has made successful serials like Parampara, Kittie Party and Ashirwaad.
Mukta Arts posted a revenue of Rs 1 billion for the fiscal ended 2006-07, releasing four films during the year.
Shares of Mukta Arts rose 7.8 per cent to close Monday at Rs 111.25 on the BSE.
Hindi
Rashmika Mandanna, Shanaya Kapoor and Naila Grrewal climb IMDb’s Indian celebrity rankings
Upcoming films and returning shows are driving fan interest across Bollywood and streaming
MUMBAI: Bollywood’s popularity contest has a new weekly scorecard, and the numbers are telling. IMDb’s Popular Indian Celebrities list for this week places Shanaya Kapoor at number six, buoyed by buzz around her film Tu Yaa Main. Naila Grrewal slots in at seven on the back of the returning comedy series Maamla Legal Hai, while Rashmika Mandanna climbs to eighth, riding mounting anticipation for Cocktail 2.
The list, available exclusively on the IMDb app for Android and iOS, tracks trending Indian entertainers and filmmakers each week, drawing on data from more than 200m monthly visits to the platform worldwide.
Further down the rankings, Raaka is keeping two of its biggest names in the spotlight. Deepika Padukone holds 11th position, with Allu Arjun close behind at 13th, as the film continues to find traction with audiences.
The list offers fans a weekly pulse on who is breaking through, who is holding steady, and who is fading. It is a barometer as unsparing as the box office itself.
