Comcast Corp Seeks Majority Stake in Indian Movie Production Powerhouse Excel Entertainment

Mumbai (Alayan News): In a significant move that could shake up the Indian entertainment industry, global media giant Comcast Corp's Universal Studios is reportedly in advanced discussions to acquire a majority stake in Excel Entertainment, one of India's leading movie production companies founded by Farhan Akhtar and Ritesh Sidhwani.

According to sources within merchant banking, the negotiations are open to various outcomes, ranging from a minority stake to a 50 per cent share of the company. This significant investment could also involve new capital infusion.

However, as this news developed, both Excel Entertainment and Comcast Corp remained unresponsive to requests for comment via email. Despite numerous queries sent to co-founder Sidhwani, there was no immediate response.

The move comes at a time when the Indian entertainment industry is witnessing growing demand from international investors looking to tap into its vast market potential. Industry insiders are watching this development closely as it may signal a major shift in India's cinematic landscape.

As negotiations continue, fans of Bollywood magic are left curious about what lies ahead for Excel Entertainment under Comcast Corp's umbrella. Only time will tell how this deal plays out and what the future holds for these two entertainment giants.