Saregama trails plans to invest $100m in its music business

Indian films and music company Saregama is planning a major investment of “up to Rs 750 crore” (that’s around $100m) in the latter part of its business. The post Saregama trails plans to invest $100m in its music business appeared first on Music Ally. Source: Music ally

Indian music company Saregama reports latest financials

Saregama is one of the Indian media firms focusing on both music and films – and, indeed, music for/from films. Its latest financial results reveal that the business is holding up despite the Covid-19 pandemic’s effects on India’s movie industries. Saregama’s quarterly revenues were up by 7% year-on-year to 134.6 crore rupees (around $18.5m) even though its […]

Indian music industry debates potential for paid music subs

“I think we’re on course,” said Blaise Fernandes, the president and CEO of India’s official recorded music industry body the Indian Music Industry, when asked on a status update on the country’s plan to break into the top ten of the world’s biggest music markets by 2022, at this year’s edition of the annual All […]

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