UTV Inks Library Syndication Deals Worth Over $1 Million (Which Is Over Rs 4 Crores)
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UTV inks library syndication deals worth over $1 million (which is over Rs 4 crores) ~Multiple deals signed for terrestrial and satellite rights primarily in overseas territories~ Mumbai, Thursday, May 26, 2011: UTV Motion Pictures has recently signed a spate of TV syndication deals for satellite and terrestrial rights for evergreen titles from its growing film library. The deals are cumulatively worth over $1 million (i.e. over Rs 4 crores). These are mainly older catalog titles that have completed their first exploitation and are still in huge demand for television exploitation. UTV Motion Pictures has signed a deal with a leading Korean media firm in Seoul for exclusive terrestrial TV rights for five of its acclaimed films. This limited term and few runs deal includes much-loved films like – Ashutosh Gowariker’s Jodhaa Akbar, Anurag Basu’s Life in a… Metro, Rakeysh Omprakash Mehra’s Delhi-6, Dharma Productions’ Wake Up Sid, and Aamir Khan Productions’ Jaane Tu… Ya Jaane Na. UTV’s movies will also be aired on Al Rai TV in the Middle East for a limited period. The titles in non exclusive satellite free to air deal include Jodhaa Akbar, Race, Kismat Konnection and others. Amrita Pandey, Senior Vice President, International Distribution & Syndication, UTV Motion Pictures, said, ‘For our strong library titles, these television syndication deals add significant revenue even after the first round of exploitation. Our endeavor is to monetize our IP over several platforms on an ongoing basis.’ For the overseas territory UTV and the Zee Network have entered into a limited term deal for non exclusive telecast rights in non-Indian languages for 13 films, including Wake Up Sid, Wednesday, Delhi-6, Dev.D, Kurbaan and others. These films will be aired on Zee international network channels. Closer to home, UTV has licensed 5 films for exclusive Indian terrestrial television rights. The five films included in the deal are Kurbaan, Raajneeti, I Hate Luv Storys, Udaan and We Are Family for a limited period with limited runs. UTV has also signed a 13-movie deal with B4U Movies for non-exclusive satellite rights for a limited term for titles like Race, Fashion, Oye Lucky! Lucky Oye! and others. In addition to this, UTV has closed a 10-movie deal with satellite movie channel Enterr 10 including movies like Jodhaa Akbar and Race. UTV has also signed a deal for 10 movies airing on Zoom for a limited period. About UTV Motion Pictures: The Motion Pictures division of UTV, established in 2004, pioneered the integrated studio model in the Indian film industry and has today emerged as the leading studio in South Asia. The activities of the studio span across creative development, production, marketing, distribution, licensing, merchandising and syndication of films worldwide. UTV has a library of over 50 films including Hindi, Regional, Animation and International Productions. The last decade in Indian cinema has seen UTV delivering some of the most iconic films including Swades, Rang De Basanti, Jodhaa Akbar, A Wednesday, Dev D, Khosla Ka Ghosla, The Namesake, Life in a Metro, Oye Lucky! Lucky Oye!, Kaminey and more recently Raajneeti, Udaan and Peepli [Live]. Over the years, UTV has worked with some of the most eminent talent in the industry like Aamir Khan, Karan Johar, Mira Nair, M. Night Shyamalan, Ashutosh Gowariker, Prakash Jha, Sanjay Leela Bhansali, Farah Khan, Vishal Bhardwaj, Anurag Kashyap, Madhur Bhandarkar, Anurag Basu and Shyam Benegal, while backing new talent like Neeraj Pandey, Raj Kumar Gupta, Nishikant Kamat, Dibakar Banerjee, Vikramaditya Motwane, Amit Trivedi and many others. UTV opened the year 2011 on a strong note with the breakout hit No One Killed Jessica and critically acclaimed Dhobi Ghat and has an impressive slate of movies lined up for the rest of the year with Chillar Party, Arjun, Delhi Belly, My Friend Pinto, Barfee, Short Term Shaadi and many more. For further information, please contact: Pallavi Deshmukh / Aishwarya Gurjar 97699 56801 / 96198 47047 [email protected] / [email protected] .