UTV SIGNS TELEVISION SYNDICATION DEALS WORTH 95 CRORES
Inks non-exclusive slate deals with multiple broadcasters including Colors, NDTV Imagine, B4U and Channel 4
UTV Motion Pictures has signed a series of non-exclusive television rights syndication deals amounting to Rs. 95 crores. The deals are across their slate of 2008 and 2009 productions, from Oye Lucky! Lucky Oye! and Dev D to recent hits like Kaminey, Wake Up Sid and Kurbaan.
As part of the deal, Colors will telecast the premiere run of these movies in India, followed by NDTV Imagine. These channels will have the right to telecast a fixed number of runs of each movie. UTV has the right to further syndicate the television rights of these movies to any other channel in the same period.
In other overseas syndication deals, B4U has acquired the non-exclusive rights to air UTV’s movies across its international beams; and Channel 4 has acquired the rights to air these movies in the UK market.
In the last few years, UTV has carved a unique place for itself as the only non family-run true- blue studio model in the industry that creatively develops, produces, markets, distributes and syndicates movies across various genres, star casts, scales and budgets. The Company has in a short span of five years, brought audiences such iconic films as Swades, Rang De Basanti, Jodhaa Akbar, Khosla Ka Ghosla, Life in a Metro, A Wednesday, Mumbai Meri Jaan, Fashion, Dev D, Kaminey, The Namesake and many more. It has emerged as a creative and marketing powerhouse, and these television syndication deals are clear testament to the width and depth of its content and its appeal with broadcasters.
Speaking on this development, Siddharth Roy Kapur, CEO of UTV Motion Pictures said, “We are pleased to announce these television syndication deals that are non exclusive in nature and hence allow us to exploit the same content across multiple additional broadcasters in India and worldwide. The faith that Colors, NDTV Imagine, B4U and Channel 4 have reposed in our entire slate of productions is heartening and encouraging, and we will continue to work hard to bring audiences content that is entertaining and enjoyable, while pushing the creative boundaries of mainstream commercial cinema.”
About UMP Plc: Established in 1995, as a division within UTV Software Communications, UMP Plc has arrangements with a number of major Hollywood studios including Walt Disney, Fox Searchlight and Will Smith's company Overbrook Entertainment. Listed on the London AIM market, UMP Plc has played an active role in pioneering the studio model to the Indian film industry, where it is able to leverage script development, budget and time management and international distribution.
UMP Plc has emerged as a strong player in Indian and International cinema with the success of movies like 'Rang De Basanti', 'Khosla Ka Ghosla', 'The Namesake' ‘Jodhaa Akbar’, ‘A Wednesday’ & 'I Think I Love My Wife'. UMP Plc has co- produced movies like Ashutosh Gowariker's 'Jodhaa-Akbar', which is the biggest blockbuster of 2008 and M. Night Shyamalan's 'The Happening' which is amongst the top grosser in Hollywood. UMP Plc has also distributed movies like Aamir Khan's directorial debut 'Taare Zameen Par, & his production Jane Tu Ya Jane Na in the international markets. With an aggressive slate of over 15 movies for the year 2009 which comprises of hits such as Kaminey and Wake Up Sid, some of its forthcoming movies are David Dhawan’s Hook Ya Crook, Tigmanshu Dhulia’s Paan Singh Tomar and many more
For Further queries please contact: Jyotika Ahuja Esha Kak UTV Software Communications Ltd. UTV Software Communications Ltd. [email protected] [email protected] M: +91 96191 22379 M: +91 98199 66211