Global Confidence Boost: Universal Music Partners with Excel Entertainment
Published on: Jan. 5, 2026, 7:30 p.m. | Source: Devdiscourse
Maharashtra CM Devendra Fadnavis announced a strategic tie-up between Universal Music Group and Excel Entertainment, highlighting Mumbai's rising status in the global media landscape. Universal Music India acquired a 30% equity stake in Excel Entertainment, valuing the studio at Rs 2,400 crore, reinforcing confidence in India's creative economy.
