Jagannath Posted October 21, 2011 Share Posted October 21, 2011 eliance MediaWorks, Anil Ambani-led film and entertainment company, which has sizeable presence in Bollywood studios, theatres and distribution, is now looking to gain a foothold in the southern film industry. In a deal which has the characteristics of the hotel industry, the company is taking over the management of Hyderabad-based Annapurna Studios owned by veteran Telugu actor Akkineni Nageswar Rao’s family. “This is a first of its kind deal in the film industry. We will be able to expand our presence to Telugu film industry, which is second biggest in the country after Bollywood,” Anil Arjun, CEO of Reliance MediaWorks, told DNA Money. http://www.dnaindia.com/money/report_reliance-media-takes-over-hyderabad-studio_1601390 Link to comment Share on other sites More sharing options...
Chakravarthy Posted October 21, 2011 Share Posted October 21, 2011 varni, nijamaa ... initial started mother business ammestunnada ! nag ki attachments/sentiments em undava Link to comment Share on other sites More sharing options...
OnlyNfan Posted October 21, 2011 Share Posted October 21, 2011 takeover kadu anukunta just kalisi business deal anukunta Link to comment Share on other sites More sharing options...
Yalamanchili Posted October 21, 2011 Share Posted October 21, 2011 its not takeover...they combinely do business...relinace helps annapurna studios in money wise...tats it Link to comment Share on other sites More sharing options...
Jagannath Posted October 21, 2011 Author Share Posted October 21, 2011 its not takeover...they combinely do business...relinace helps annapurna studios in money wise...tats it I read it as a management handover (51% stake), yet Akineeni family will still have they stake in it. Link to comment Share on other sites More sharing options...
smartdesi99 Posted October 21, 2011 Share Posted October 21, 2011 takeover kadanukonta.Just Business Partnership anukonta.I think this way they go partially public issue anukonta. Link to comment Share on other sites More sharing options...
Sinna.Sinna Posted October 21, 2011 Share Posted October 21, 2011 takeover yendi.... studios ammukovadaniki veellaki right undadu anukunta... annapurna,ramanaidu and padmalaya... appudu ammukunnanduku aa mahi papa ni aadincharu ga oka aata utv vallaki ammadu anukunta... Link to comment Share on other sites More sharing options...
Yalamanchili Posted October 21, 2011 Share Posted October 21, 2011 I read it as a management handover (51% stake), yet Akineeni family will still have they stake in it. stakes teskodaniki reliance emana other country company aa....utti foreign companies ki 49% max stake teskune right untundi....ikkada companies either bindover or else end to end business chestay anthe..ther's no word of stake.. Link to comment Share on other sites More sharing options...
smartdesi99 Posted October 21, 2011 Share Posted October 21, 2011 Business agreement like okari facilities inkokaru vadukovacchu and kalisi business deal. Link to comment Share on other sites More sharing options...
orion Posted October 22, 2011 Share Posted October 22, 2011 eliance MediaWorks, Anil Ambani-led film and entertainment company, which has sizeable presence in Bollywood studios, theatres and distribution, is now looking to gain a foothold in the southern film industry. In a deal which has the characteristics of the hotel industry, the company is taking over the management of Hyderabad-based Annapurna Studios owned by veteran Telugu actor Akkineni Nageswar Rao’s family. “This is a first of its kind deal in the film industry. We will be able to expand our presence to Telugu film industry, which is second biggest in the country after Bollywood,” Anil Arjun, CEO of Reliance MediaWorks, told DNA Money. http://www.dnaindia....-studio_1601390 I must say ... I'm disappointed in Nagarjuna. Its a move without soul. Then again, what do I know ... he is the business man. It must have made some 'business sense'. Good for him. I wonder how ANR feels about this. Link to comment Share on other sites More sharing options...
orion Posted October 22, 2011 Share Posted October 22, 2011 Some are selling business' started by their parents' name ... and some saw their beloved mother taken away by cancer ... and trying to to do everything in their power to raise awareness. Link to comment Share on other sites More sharing options...
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