FM is part of Adlabs, which, I suppose, doesn’t have any relationship with Reliance Entertainment.

Soros just invest 100 million USD in Rel Ent valuing it at 3 billion USD !

Who says Soros is the last word on media. He also invested 0.5% in Sun TV at Rs406 and look where the stock is now.

Hi Shashi,

Just to rectify your undersyanding here, BIG FM is very much a part of the Relinace Entertainment group.

Pallavi: I’ve updated the above post based on information from Reliance Entertainment. It comprises of seven entities: Zapak, Jump Games, Big Adda, Anirights, BIG Flicks, BIG Music, and BIG Movies. Based on what we’ve been told, BIG FM is not a part of the Reliance Entertainment group.

chodo na yaar isme bi loss apna hi hai !!!

Hi Nikhil,

I came to know from an insider source that a BSE Listed Co., Namely- UNIVERSAL ARTS LIMITED, is acquiring huge Film Negative Rights in all Indian Languages and the funding for this acquisition is being given by Reliance Entertainment and this UNIVERSAL ARTS is also proposed to come under the Umbrella of RELIANCE ENTERTAINMENT IPO, as a Film Content Acquirer and Marketer. Do you know about this.

HI Nikhil,

UNIVERSAL ARTS has acquired nearly 7000 film Negative rights ( all Filmfare award winning films) and its rumoured that since all the ventures of RELIANCE ENTERTAINMENT need the film content on its own. (Like DTH, proposed BIG TV, Big Flicks etcs.,

Hi Nikhil,

UNIVERSAL ARTS LIMITED(BSE code: 532378) is the market leader in acquisition of Film rights and merchandising.......Its selling rights to all Major TV Companies in India..... The companys results have not beenpublished for the first-half of 2008 and its is expected to release the results for the first nine-months in Coming April 2008, which when released would surprise even market leaders in Media Segment.....its a highly profit making company and due to this RELIANCE ENTERTAINMENT is eyeing this company to get in to its fold. The informal acquisition is over and only modalities have to worked out.......

Further as told earlier in this forum its incorrect to say that BIG FM & ADLABS FILMS will not form part of RELIANCE ENTERTAINMENT......when you see the announcement dated 18-2-2008 to all stock exchanges the ADLABS has withdrawn the proposed DEMERGER of its Radion Division.... which is a clear indication that no divestment of FM Radio division will take effect.....its also the indication that this ADLABS will also eventually move to RELIANCE ENTERTAINMENT fold......in that event the valuations of RELIANCE ENTERTAINMENT would increase manifold........