Universal Music to Buy Stake in India's Bollywood Movie Studio Excel for $90 Million

The company behind Lady Gaga and Taylor Swift said it had entered into a definitive agreement to buy a 30% stake in Excel for about 77.1 million euros ($90.4 million). The deal values Excel in its ...

Universal Music Takes 30% Stake in India’s Excel Entertainment With $267 Million Deal

UMG's Indian division acquires significant minority stake in Bollywood studio Excel Entertainment for $267 million, gaining ...

Universal Music to Invest $80 Million in Bollywood’s Excel

Universal Music Group NV’s India unit has agreed to invest 7.2 billion rupees ($80 million) for a minority stake in India’s ...
Music Business Worldwide

Universal Music acquires 30% stake in India’s Excel Entertainment, valuing Bollywood production house at $267m

The company’s division in India has signed a definitive agreement to acquire a 30% stake in Excel Entertainment, in a deal ...