News Roundup: What’s Your Raashee set for DTH Release, Archie comics in Hindi, Malayalam..and more

October 10, 2009

By manish

DTH is your next theatre and after Kaminey (which was premiered on DTH after 4 week of launch), ‘What’s Your Raashee’ is set for a DTH launch this Friday. UTV Motion Pictures has signed up with Tata Sky, Airtel, Dish and Big for the DTH release and the movie will be priced at Rs. 75/. [source]

UTV Software to raise $150mn

UTV Software Communications plans to raise $150mn through various channels (issue of equity shares, debentures or foreign currency convertible bonds) to meet its growth plans and retire debt.

Eros proposes IPO for Indian unit

The AIM-listed company said it planned to list its wholly owned Indian unit, Eros International Media Ltd, on the Bombay Stock Exchange. Eros had a strong second quarter and continued to trade in line with its expectations, aided by robust television and digital revenue. [source]