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Mukta Arts exits Manish Goswami’s movie company

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MUMBAI: Subhash Ghai-promoted Mukta Arts has exited Red Carpet Films, selling off its entire 50.01 per cent stake in the newly created movie company to founder-promoter Manish Goswami.

In a related development, Eros International has snapped ties with Red Carpet Films. Eros had expressed intend to distribute and fund the movie projects of Red Carpet Films.


“We had an understanding with Red Carpet Films which never materialised,” Eros International CEO Jyoti Deshpande tells Indiantelevision.com.


With no project kicking off and Eros out of the scene, Mukta Arts decided to dump Goswami‘s diversified venture at par value, getting back its purchase price of Rs 2,50,470. Goswami runs a TV content company, Siddhant Cinevision, which has made successful serials like Parampara, Kittie Party and Ashirwaad.


“We had bought the stake in the company at par value because it had its distribution and funds in place with Eros. This would help us increase the bandwidth of our production capability. However, since the company did not get the support from Eros, we saw no point in continuing with this relationship,” a senior Mukta Arts executive tells Indiantelevision.com on request of anonymity.


When contacted, Goswami did not elaborate on the reasons behind Mukta Arts‘ decision to exit from Red Carpet Films.


Soon after roping in Mukta Arts as an equity partner, Red Carpet Films had sealed a four mid-budget movie-deal with Eros International worth Rs 400 million. But the projects stayed grounded as Eros divorced its relationship with Red Carpet Films.

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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

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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.

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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.

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