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]
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