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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Utv Motion | LSE:UTVM | London | Ordinary Share | IM00B1XD9T43 | ORD USD0.05 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.80 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:5620L UTV Motion Pictures PLC 11 January 2008 UTV Motion Pictures Plc UTV Motion Pictures launches own music label - UTV Music 11 January 2008 NEW LABEL TO LAUNCH WITH JODHAA AKBAR - THE MOST AWAITED FILM OF THE DECADE UTV Motion Pictures Plc (the "Company") today announced that it has launched its own music label - UTV Music, for the worldwide distribution and marketing of the audio rights for its own productions. The first soundtrack to be released by the new label will be that of JODHAA AKBAR, one of the most awaited movies and albums of the decade. JODHAA AKBAR stars Hrithik Roshan and Aishwarya Rai and is directed by the Academy Award nominated director, Ashutosh Gowariker. The music is by the maestro AR Rahman with lyrics by Javed Akhtar. The Company has tied up with Sony BMG for the distribution of the physical rights, broadcasting and publishing rights for this project. Siddharth Roy Kapur, Director of UTV Motion Pictures Plc says, "We have been planning the launch of our own music label for a few months now, and were waiting to get our digital piece in place, which it now is. We could not have got a better platform than JODHAA AKBAR to launch with. We are also happy to have Sony BMG on board as distributors for our first project." The Company is well positioned to exploit the physical and digital rights for its music going forward. The Company has a home video label, UTV Home Entertainment, which has a sales and distribution infrastructure across India to handle physical distribution of DVDs, VCDs, audio CDs and cassettes. The UTV Group also recently welcomed into its fold, the pioneering gaming major Indiagames, which going forward will create mobile and PC games for UTV productions. With the induction of T N Prabhu, who has held leadership positions in digital rights management in The Walt Disney Company and the Times Group, UTV through its association with United New Media Ventures Limited now has its digital plans in place for launch. The music of Jodhaa Akbar will be launched on 15 January 2008 in stores worldwide. The television promotions for the film have already started and have been received well in all areas. Enquiries: UTV Motion Pictures Plc +91 22 2495 2513 Siddharth Roy Kapur Grant Thornton (Nomad) +44 (0) 207 383 5100 Fiona Owen Jermyn Capital (Joint Broker) +44 (0) 207 399 2020 Dharmesh Doshi Bankside (Financial PR) + 44 (0) 207 367 8888 Simon Bloomfield Andy Harris Chris Price This information is provided by RNS The company news service from the London Stock Exchange END MSCBMMLTMMABBLP
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