Anil Dhirubhai Ambani Group's Reliance MediaWorks, formerly Adlabs, has acquired ilab, a London based film processing and post production facility, for an undisclosed sum. WSJ adds that ilab's annual revenue is about $5 million. According to the company, Reliance Mediaworks UK will offer processing, restoration, 2D to 3D conversion and post production services to broadcasters and studios, both from India and the US, and for Hollywood and Bollywood film makers. Its US subsidiary Lowry Digital has already secured image processing and restoration work for two projects from UK based broadcasters. Reliance ADA Group have been focusing on growing their film and TV production and service business. In September 2008, they signed a deal with Dreamworks to set-up a studio for $1.2 billion in which ADAG would have a 50 percent stake. In June 2009 the company further invested $325 million in Dreamworks Studio. In March last year the group launched a television production house Big Productions to partner BIG Synergy,Reliance's TV Production house in alliance with Siddhartha Basu’s Synergy Communications, to adapt the movie 13 B into a television series called ‘Fear has a New Address’. Later the same year, the company got the go-ahead from the I&B Ministry to transfer the radio division from MediaWorks to Reliance Unicom. Further it dissolved its subsidiary Entertainment One India, which produces, invests in and markets Indian feature films into the parent company. It also transferred the digital cinema division of Mukta Adlabs Digital Exhibition to Reliance MediaWorks. The group also decided to expand its Big Cinemas…
- Summary: India’s new guidelines for online reviews on e-commerce platforms December 5, 2022
- All Real-Money Online Games May Come Under Indian Government’s Proposed Gaming Regulation: Report December 5, 2022
- New guidelines for PLI scheme on drones but MCA yet to regularise drone usage December 5, 2022
- Telegram Once Again Discloses User Information In Copyright Case At Delhi High Court December 5, 2022
- ITI submissions: what are the policy barriers faced by US tech businesses in India? December 5, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
The Structure and Style of a Dogma Community: Conspiracy theories and organized Twitter engagement on Sushant Singh Rajput
Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...