News Roundup: What’s Your Raashee set for DTH Release, Archie comics in Hindi, Malayalam..and more

Roundup of Media Updates – Archie Comics will now be available in Hindi and Malayalam, Eros India planning IPO route..and more

DTH is your next theatre and after Kaminey (which was premiered on DTH after 4 week of launch), ‘What’s Your Raashee’ is set for a DTH launch this Friday. UTV Motion Pictures has signed up with Tata Sky, Airtel, Dish and Big for the DTH release and the movie will be priced at Rs. 75/. [source]

UTV Software to raise $150mn

UTV Software Communications plans to raise $150mn through various channels (issue of equity shares, debentures or foreign currency convertible bonds) to meet its growth plans and retire debt.

Eros proposes IPO for Indian unit

The AIM-listed company said it planned to list its wholly owned Indian unit, Eros International Media Ltd, on the Bombay Stock Exchange. Eros had a strong second quarter and continued to trade in line with its expectations, aided by robust television and digital revenue. [source]

Other news

  • Adlabs Films becomes Reliance MediaWorks [source]
  • Archie comics in Hindi, Malayalam [source]

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