Saregama joins forces with Sanjay Leela Bhansali! | Indian Movie News
In a landmark transfer set to redefine Bollywood’s music and movie panorama, Saregama India Ltd has announced a strategic partnership with Bhansali Productions Pvt Ltd, helmed by celebrated filmmaker Sanjay Leela Bhansali. The alliance is anchored by an equity investment from Saregama, signalling a long-term collaboration between two inventive powerhouses.
Under the settlement, Bhansali Productions will completely promote the music rights of all its future movies to Saregama based on a pre-agreed pricing formulation. This construction ensures a regular pipeline of premium movie music for Saregama while eliminating aggressive bidding and controlling acquisition prices.
Bhansali Productions will retain full possession of its mental property and inventive control over its movies. Meanwhile, Saregama will present governance oversight and financial self-discipline within the partnership framework. The deal also aligns with Saregama’s strategy to streamline in-house movie manufacturing over the next one to two years, focusing instead on strategic collaborations.
The investment is predicted to be earnings-per-share accretive by FY27, boosting margins across Saregama’s music and video segments.
Founded in 1996, Bhansali Productions has delivered cinematic gems like Hum Dil De Chuke Sanam, Devdas, Bajirao Mastani, Padmaavat, and Gangubai Kathiawadi, along with Netflix’s acclaimed sequence Heeramandi. The studio plans to produce over 10 function movies in the next three years, including the extremely anticipated Love and War starring Ranbir Kapoor, Alia Bhatt, and Vicky Kaushal, and Do Deewane Seher Mein that includes Siddhant Chaturvedi and Mrunal Thakur.
For FY25, Bhansali Productions reported Rs. 304 crores in income, Rs. 60 crores EBITDA, and Rs. 45 crores revenue after tax. Commenting on the partnership, Avarna Jain, Vice Chairperson at Saregama India, said that the collaboration displays the company’s imaginative and prescient to work with established inventive studios and generate long-term shareholder worth. Bhansali added that the partnership is rooted in shared values of inventive integrity, music, and storytelling.
Kotak Investment Banking acted as the exclusive financial advisor to Bhansali Productions for this transaction. Saregama, half of the RP-Sanjiv Goenka Group, operates across music, digital content, tv, artiste management, and movie manufacturing.
Also Read: Alia Bhatt opens up on emotional impression of Gangubai Kathiawadi: “I completely surrendered to Sanjay Leela Bhansali”
Saregama joins forces with Sanjay Leela Bhansali! | Watch Online Free
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