ANI PR Wire
28 Sep 2022, 11:00 GMT+10
Mumbai (Maharashtra) [India], September 28 (ANI/PRNewswire): Universal Music India (UMI), a division of Universal Music Group (UMG), the world leader in music-based entertainment, today announced that it has acquired a majority stake in one of India's leading music and entertainment companies, TM Ventures. Together UMI and TM Ventures will work across its talent management, entertainment consultancy and live/events businesses, accelerating UMI's leadership of the domestic Indian non-film music business, and providing TM clients with the resources of UMI locally as well as UMG globally.
Founded in 2020 by the widely respected Indian entrepreneur Tarsame Mittal, TM Ventures has quickly become the leading name in Indian entertainment, representing a roster across music, comedy, TV and film that includes some of the country's biggest talents, including: Arijit Singh; Nucleya; Badshah; Sunidhi Chauhan; Asees Kaur; Sunny M.R.; Renuka Parwar; Kapil Sharma; Amit Trivedi; Ajay Atul; Vishal Bhardwaj; Rekha Bhardwaj; Amitabh Bhattacharya; and Zubeen Garg, among others.
A diversified entertainment company, TM Ventures includes TM Talent Management, Entertainment Consultant, Music Plus (the country's leading B2B digital publication), and Create and Collab, the producer of All About Music, India's premier annual music conference. Together, UMI and TM Ventures will offer enhanced services, encapsulating virtually all aspects of an artist's journey. Spanning activities across talent discovery, music creation, marketing and release, live events, brand solutions, sync placements and more--the comprehensive offering will be unique in the Indian market.
Adam Granite, UMG's Executive Vice President, Market Development, said, "We are delighted to partner with Tarsame Mittal and his team at TM Ventures. Together we will accelerate UMI's evolution within India and South Asia, by expanding the range of services we offer, and accelerating our artist development activities in order to introduce the very best in Indian talent to new audiences globally."
Devraj Sanyal, MD & CEO, Universal Music India & South Asia said, "It is a great honor to align with Tarsame, one of India's most accomplished and respected entrepreneurs. Universal Music India and TM Ventures share a belief in developing and boosting the careers of homegrown talent and artists. Together, with Tarsame and his excellent co-CEOs Alaap and Saurabh, we will expand the scope of opportunities available to Indian artists and accelerate the growth of the Indian music market, building a new, more expansive model of services available from UMG to all Indian artists."
Tarsame Mittal, Founder, TM Ventures said, "At TM Ventures, we are ecstatic to begin our partnership with UMG. We have grown TMV up to this point with great care, passion, and a single-minded vision to become the company we are. We carry the learnings, vision, and passion on to this next level of growth alongside a robust global network which shares in the "artist first" belief as much as we do. UMG's experience, structure, process, access, and guidance will be the much-required support for us to work together towards our core goal of providing world-class services and opportunities to our artists in the most transparent and innovative ways. My partners Alaap Gosher and Saurabh Abbi, our core team family, are very excited about being a part of the most trusted company in the music business globally. This partnership with UMG will help us achieve that, and we can't wait to get started."
TM Ventures is a consortium of family businesses, including TM Music, Entertainment Consultant, Create and Collab and Music Plus, that places precedence on developing and sustaining long-lasting relationships with everyone affiliated with the company. As an extension of founder Tarsame Mittal's vision, the company views entertainment as a source of sustenance for all, offering 360-degree solutions across the board.
At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms, and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information, visit www.universalmusic.com.
CONTACT: James Murtagh-Hopkins, [email protected]
This story has been provided by PRNewswire. ANI will not be responsible in any way for the content in this article. (ANI/PRNewswire)
Get a daily dose of Thailand Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Thailand Herald.
More InformationBANGKOK, Thailand: Chinese authorities said they started live-fire military exercises in the Gulf of Tonkin this week, just days after...
ABOARD THE CHARLES DE GAULLE, Philippines: France's nuclear-powered aircraft carrier and its warships arrived in the Philippines over...
WOLFSBURG, Germany: Volkswagen is strengthening its push into China's electric vehicle (EV) sector by partnering with CATL, the world's...
Ramadewa looked at the numerous troops of monkeys. They were at ease and happy and showed their liveliness. All their movements, their...
TOKYO, Japan: Foxconn has approached Honda Motor with a proposal to form a partnership, aiming to establish a broader collaboration...
HANOI, Vietnam: If the Trump administration pursues new tariffs, a potential wave of job losses could hit U.S. manufacturers operating...
MEXICO CITY, Mexico: Three American women were found dead over the weekend at a beach resort in Belize, police said. Officials are...
BANGKOK, Thailand: Chinese authorities said they started live-fire military exercises in the Gulf of Tonkin this week, just days after...
ABOARD THE CHARLES DE GAULLE, Philippines: France's nuclear-powered aircraft carrier and its warships arrived in the Philippines over...
FRESNO, California: Fresno State suspended two of its top men's basketball players last weekend and removed a third player from the...
WARSAW, Poland: Deputy Prime Minister Krzysztof Gawkowski confirmed over the weekend that Poland has been covering the cost of Ukraine's...
Israel sustained the West's support for its slaughter in Gaza for 15 months only through an intensive campaign of lies. It invented...