Govt. not considering rules for use of AI in filmmaking: Murugan 
DTH revenue slide to ease to 3–4% this fiscal year: Report 
At Agenda Aaj Tak, Aamir, Jaideep Ahlawat dwell on acting, Dharam 
JioHotstar to invest $444mn over 5 years in South Indian content 
Standing firm, TRAI rejects DoT views on satcom spectrum fee 
Diljit Dosanjh wraps shoot for untitled Imtiaz Ali film 
‘Bhabiji Ghar Par Hai 2.0’ to return with comedy, chaos, a supernatural twist 
BBC names Bérangère Michel as new Group CFO 
‘Border 2’ teaser to be unveiled on Vijay Diwas 
CNN-News18 Rahul Shivshankar takes editorial charge 
Bollywood ace filmmaker and CEO of Reliance Entertainment Pvt Ltd, Shibasish Sarkar, who has helmed ‘Udta Punjab’, ‘Naam Shabana’, and TV shows like ‘Kaun Banega Crorepati’ is in talks with Anil Ambani to buy a private film studio and content distribution company owned by the industrialist and his family as a management buyout (MBO).
According to The Economic Times, Sarkar plans to use funds from his specialized acquisition company (SPAC), International Media Acquisition Corp (IMAC), for the deal, which could cost Entertainment Rs. 800-1,000 crore, he said.
Sarkar applied for a $230 million (1,715 crore) initial public offering in the US with a listing on the Nasdaq.
Sarkar has led Reliance Entertainment since early 2019, after joining the company in 2007 as CFO. Where he moves out of his current executive role at the company, overseeing the two major blockbuster releases from Reliance stable – ‘Sooryavanshi’ and ‘83’ where he is expected to relocate full time in their SPAC vehicle and declare an MBO. He is also the chairman and CEO of IMAC.
